FT Partners FMS-CEO每月市場更新與分析：財務(wù)管理解決方案

Featuring:

FTPartners|January2024

CEOInterview

CEOMONTHLY

MARKETUPDATE

&ANALYSIS

FinancialManagementSolutions

EnterpriseResourceManagement●RiskManagement●HR&Payroll

●Accounting,Tax&BudgetingSolutions●ReceivablesManagement

TheOnlyGlobalInvestmentBankFocusedExclusivelyonFinTech

SteveMcLaughlin|Founder,CEO,Manag

ingPartner

Contact:

steve.mclaughlin@

|415-385-9318

?2024

FinancialManagementSolutionsMarketUpdate&Analysis

Contents

ExclusiveInterviewwithDimitrDadiomov,CEO&coFounderofModernTreasury…18

publicFinancialManagementsolutionssectoruniverse……………….…24

i.price/EarningsMultiples

ii.commonstockcomparison

U.s.FinancialManagementsolutionspoTacker……………34

i.Detailedprofiles

ii.TransactionList

i.Detailedprofles

ii.TransactionList

keyupcomingIndustryconferences…………………51

2

FTPartners-FocusedExclusivelyonFinTech

FTPartnersisThrilledtoSponsorFintechMeetup2024

FINTECHMeetup

March3-6,2024

TheVenetian,LasVegas

Details&Registration

FintechMeetuphasrevolutionizedhowtheFinTechsector

connects,collaboratesanddoesbusinesstogether.The

conferencebringstogether5,000+attendeesandfacilitates45,000+meetingsthroughproprietaryeventtechnology,in

whatisthelargest-everFinTechmeetingsprogram.

JoinFTPartnersnextMarchandstaytunedforexclusive

updatesontheconferenceandco-hostedevents.

Budgeting

FTPartners-FocusedExclusivelyonFinTech

FinancialManagementSolutionsSector

FTpartnershastheexperienceandcapabilitiestogenerateoutstandingoutcomesforawide

breadthofcompaniesthatprovideFinancialManagementsolutions

CUSTOMERS

$

ACCOUNTING

CFO-SUITE

Timesheets

EMPLOYEES

OPERATIONS

INVESTORS

SUPPLIERS

FTPartners-FocusedExclusivelyonFinTech

SelectedTransactions-SuperiorIndustryKnowledgeandExecutionHistory

FTPartners-FocusedExclusivelyonFinTech

SignificantExperienceAdvisingLargeFinancingRounds

FTpartnershasahistoryofadvisingonsomeofthelargestfinancingtransactionsintheFinTechspace

CompanyAmountRaisedCompanyAmountRaisedSelectedProminentInvestorsinFTPartnersLedRounds

＊

avidxchange$1,616,000,000

＊

1,560,000,000

1,545,000,000＊

Revolut

1,250,000,000

mollie

800,000,000

ospom

＊

725,000,000

620,000,000

varo

510,000,000

》MARQETA

＊

505,000,000

OMAMBU

483,000,000

＊

＊

445,000,000

)upgrade

*Totalincludesmultiplefinancingrounds

$420,000,000

400,000,000

374,000,000＊

370,000,000

＊

340,000,000

＊

NT

333,000,000

＊

300,000,000

270,000,000

267,500,000＊

Alphasense

263,000,000

＊

250,000,000

AccelTEMASEKVISAPIMCO

TiGERGLOBAL

ICONiQPremjiInvest二softBank

khoslaventures

LONEPINECAPITAL

BlackROCK

BBVA

THIEL

ppaypal

Redpoint

unichRE

payu

KKR

edb

COATUE

APOLLO

8VC

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesPayzeronits$250millionSaletoWEX

OverviewofTransaction

?onoctober26,2023,WEX(NYSE:WEX)announcedthatitsignedadefinitiveagreementtoacquirepayzerfortotal

considerationofapproximately$250million

-Thedealincludesadditionalcontingentconsiderationof$11millionbasedondefnedperformancemetrics

?payzerisaful-featured,cloudbasedfeldservicemanagementplatformattheconvergenceofsaasandpayments,

helpingitscustomerssimplifyoperations,streamlinetheirsalesprocesses,andimprovecollections

-payzerhashistoricallydelivereditssolutionstosMBsintheHVAC,plumbing,androofingverticals

?WExisaglobalcommerceplatformthatsimplifesbusinesspayments,employeebenefits,fuelcards,andleet

management

?withinitsFleetsolutionssegment,WExservesover600,000customersandapproximately19millionvehicles

onitsMobilityplatforms

SignificanceofTransaction

?TheacquisitionexpandswEX'stotaladdressablemarketandadvancesthecompany'sgrowthstrategythrough

complementarysolutions,enhancedcrosssellingopportunitiesandstrongerindustryrelationships

?Additionally,theacquisitionprovidesanew,scalablesaassolutionforwEX'sapproximately150,000SMBcustomers

whooperatefeldservicecompanies

FTPartners’Role

?FTpartnersservedasthestrategicandfnancialadvisortopayzer

?FTpartnerspreviouslyadvisedpayzeronitsinJune2021

?ThistransactionhighlightsFTpartners'deepdomainexpertiseinverticalsaasandpayments

?Notably,thisisthefourthclientthatFTpartnershassoldtowEX,aswepreviouslyadvisedoptalonits$578million

combinedsalewitheNettin2020,Benaissanceonits$80millionsalein2015,andFleetoneonits$369millionsalein

2012

?ThistransactionalsohighlightsFTpartners'successfultrackrecordgeneratinghighlyfavorableoutcomesand

supportingthegrowthofitsclientsovermultipleyears,multipletransactions,andmultiplestagesofaclientlifecycle,

includingforgrowthcapitalandM&A

FinancialTechnologypartnersLP

FTPSecuritiesLLC

ispleasedtoannounceitsroleas

exclusivestrategicandfinancialadvisorto

onitssaleto

uex

fortotalconsiderationof

$250,000,000

TheonlynvestmentBank

FocusedExclusivelyonFinancialTechnology

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesConitsSeriesCFinancing

OverviewofTransaction

?onJune27,2023,announcedthatitraised$60millioninseriescfinancingfromB.Riley

venturecapital,kingfsherInvestmentAdvisors,snowfakeventures,prosperity7ventures,Legacy

knightaswellasotherstrategiccorporateandfnancialinvestors

?FoundedinNovember2020,isamongthefastest-growingcommerceandlogistics

enablementleaders,withnearly6,000brandsonitsplatform

?In2022,thecompanygrewrevenuebymorethan500%acrossitssoftware,servicesandfulfllment

oferingsanddoubleditsgrossmerchandisevalueandfulfllmentfootprint

?The$60millionseriescfundingisanall-equityat$1.2billion,anincrease

invaluationofnearly50%sinceitsseriesBfundinginFebruary2022

SignificanceofTransaction

?ThecompanywillusethenewinvestmenttomeetincreaseddemandfromenterpriseandB2Bclients,

accelerateitsinternationalexpansionandexpandproductdevelopmentacrossitssoftwareportfolio

?willalsocontinuetoinvestintheexpansionofitssoftwareandAlcapabilitiestoenableeven

greaterorderandinventorycontrolacrossthecommercevaluechain,poweredbypredictiveand

prescriptiveanalytics

FTPartners’Role

?FTpartners

?ThistransactionhighlightsFTpartners'deepdomainexpertiseinthecommerceenablementspace,as

wellasitssuccessfultrackrecordgeneratinghighlyfavorableoutcomesforitsclients

8

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesCapitalonTaponitsFundingfromAtalaya

OverviewofTransaction

?onoctober18,2022,capitalonTapannouncedthatithasraisedf100million(~$110million)ofnewfunding

fromAtalayacapitalManagement

?capitalonTapisanall-in-onecreditcardandspendmanagementplatform,activeintheukandus,focused

specifcallyonsmallbusinesses

-Thecompany'snimbleandhighlyautomatedonboardingprocesstakesbusinessownersthrougha5-

minutecustomerjourneyfromapplicationtocreditcardaccess

-Inadditiontothecreditcard,theplatformallowsownerstoeasilymanagetheirspendaswellasthespend

oftheiremployees,integratethecardswithexistingaccountingsolutionsandearnrewardsonspend

volume

-capitalonTap'splatformhasatrackrecordofhavingservedmorethan200,000smallbusinessesand

disbursingmorethan$5billioninfunding

SignificanceofTransaction

?capitalonTaphasdemonstratedatrackrecordofrapidgrowth;thetransactionwillenablethecompanyto

profitablyaccelerategrowthandcontinuetoinvestintechnologyandnewproducts

?Atalayaisaprivatelyheldalternativeinvestmentfrm,andtheinvestmentrepresentsacontinuedcommitmentof

supportforcapitalonTap

FTPartners’Role

?FTpartnersservedastheexclusivestrategicandfinancialadvisortocapitalonTaponthistransaction

?ThetransactionhighlightsFTpartners'industry-leadingexpertiseandsuccessfultrackrecordwithinthesMB-

FinTechsolutionsspace

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesKantoxonitsSaletoBNPParibas

OverviewofTransaction

?onoctober11,2022,kantoxshareholdersagreedtothesaleofkantoxtoBNpparibas("BNPP")inanall-

cashtransaction,leadingtoBNppowning100%ofkantox

?completionofthetransactionissubjecttoregulatoryapprovalsandisexpectedinthecomingmonths

?kantoxisaleadingFinTechproviderfortheautomationofcurrencyriskmanagement;itssoftwaresolution

hasmanagedtosuccessfullyre-bundlethecorporateFxworkfow,offeringaone-stop,Apldriven,plug-

and-playsolutionwhichhasemergedasauniquetechnologywithintheB2Bcrossborderpaymentssector

?ltsuniqueproposition,revenuemodel,highlydiversifedcustomerbase,footprintandstrongbank

partnershipshavedrivenrapidgrowth,andpavedthewayforaclearpathtosustainableandrecurring

profitability

SignificanceofTransaction

?Byleveragingitsintegratedbusinessmodel,BNppwillbewellpositionedtoaccelerateandextendkantox's

oferingtolargecorporatesaswellassMEsandMid-capbusinesses,capitalizingonmarketknowledgeand

globalpresenceandunlockingsignifcantsynergypotential

FTPartners’Role

?FTPartnersservedasexclusivefnancialandstrategicadvisortokantoxonthistransaction,andpreviously

advisedkantoxonasuccessfulcapitalraisein2019

?ThistransactionunderscoresFTpartners'deeppaymentsdomainexpertiseandsuccessfultrackrecordof

generatingfavorableoutcomesforleadingcompaniesinthespace

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesVelocityGlobalonits$400millionSeriesBFinancing

OverviewofTransaction

?onMay18,2022,velocityGlobalannouncedthatithadraised$400millionofcapitalinitsseriesB

equityfinancing,ledbyEldridgeandNorwestventurepartners

?Thisraisecomeswitha7xincreaseinvaluationoverthepastyear

?HeadquarteredinDenver,co,velocityGlobalistheleadingproviderofglobaltalentsolutionswith

theirGlobalworkplatformTMSeamlesslyconnectingemployersandtalentworldwide

?profitablesinceitsfoundingin2014,velocityGlobalmorethandoubleditsclientrosteroverthepast

year,tripledthenumberofnewsupportedtalentonitsplatform,andwillreachanannualnetrevenue

runrateof$200millionbymidyearasitcontinuestoscalerapidly

SignificanceofTransaction

?Thereisanunprecedentedparadigmshiftinthewayemployersandtalentinteract,withtheFutureof

worktrendingtowardanincreasinglyremote,globalandlexibleworkforce

?velocityGlobalwillusetheproceedstocontinueenhancingthecustomerexperienceandscale

strategicinvestmentsintechnology,salesandmarketingtoexecuteonitsvisiontoprovideafrictionless

solutionforbusinessesandtalent

FTPartners’Role

?FTpartnersservedastheexclusivefinancialandstrategicadvisortovelocityGlobal

?ThistransactionhighlightsFTpartners'deepdomainexpertiseacrossawiderangeofFinTechverticals,

aswellasitssuccessfultrackrecordgeneratinghighlyfavorableoutcomesforhigh-growthcompanies

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesSpotOnonitsSeriesFFinancing

OverviewofTransaction

?onMay18,2022,spotonannounceditclosedona$300millionseriesFinvestmentata$3.6billionvaluation

ledbyDragoneer，agrowth-orientedfirmknownforinvestmentsintechnology-enabledbusinesses

?otherparticipantsincludeexistinginvestorsAndreessenHorowitz(a16z),DSTGlobal,FranklinTempleton,and

MubadalaInvestmentcompany,aswellasanewinvestor,Gsquared

?ThisinvestmentcomesattheheelsofspotontriplingitsspotonRestaurantsegmentlastyearasthecompany

acquiredtensofthousandsofnewclients

?spoton'svaluationjumped$450millioninjusteightmonthssincethecompany'slastroundinseptember2021

?ThisisDragoneer'ssixthinvestmentinspotonoverthelastthreeyearsandthefirsttimeithasledthe

investmentround

SignificanceofTransaction

?Throughthisinvestment,spotonplanstocontinuetoinvestinitsproductdevelopment,services,and

distributiontobolstertoplinegrowthintheretail,food,andhospitalitysectors

FTPartners’Role

?FTpartnersservedasexclusivestrategicandfnancialadvisortospoton

-FTpartnerspreviouslyadvisedspotononitsinseptember2021and

inMay2021

?ThistransactionunderscoresFTpartners'deepFinTechexpertiseanditscontinuedsuccessinproviding

advisorytotop-tierFinTechcompaniesglobally

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesUrjanetonitsSaletoArcadia

OverviewofTransaction

?onMay24,2022,Arcadiaannouncedithasagreedtoacquireurjanet,theleaderinenergyandbroadutility

data,whichconnectscommercialcustomerswiththeirutilitydatathroughitsproprietaryopenEverything

networksupportingESG,carbonreporting,energymanagement,fraud,paymentsandmanyotheruse-cases

?Foundedin2010,urjanet'scloud-based,proprietarynetworkseamlesslyextractsandnormalizesdisparate

dataandprovidesopenaccesstocustomers'accountinformationandactions,makingtheworld'sutilitydata

easilyaccessibleandusable

?Throughoveradecadeofinnovation,urjanetcreatedanetworkwithunrivaledworldwideaccesstobusiness

andconsumeraccounts,includingover9,500serviceprovidersinthenetwork,95%coverageofu.s.

householdsandbusinesses,andtouchingover30%oftheFortune500

SignificanceofTransaction

?urjanet'sglobaldataaccesswillintegratewithArcadia'sindustry-leadingdataandAplplatform,Arc,enabling

ittobecometheuniversalsoftwarelayerforthezero-carboneconomy

-combined,urjanetandArcadiawillbeabletotrackrealutility-grademeterdata,mapittothecarbon-

intensityofthegridwherethosecompaniesoperate,andfindcleanelectricitytomatchthoseneeds

?urjanetsignificantlyexpandsArc'sdatacoverage,providingaccesstoglobal,high-fdelityenergydatathat

allowsbusinessesaroundtheworldtoleverageitsnetworkefectsandenableawiderangeofusecases

includingenergyoptimization,renewableenergy,payments,andcarbonaccounting

FTPartners’Role

?FTpartnersservedasexclusivefnancialandstrategicadvisortourjanet

?ThistransactionbuildsonFTpartners'ESGandB2BpaymentsFinTechpractice,highlightingdeepdomain

expertiseinthesefast-growingsectorsandtrackrecordofachievinghighlyfavorableoutcomesforhigh-

growthintegratedsoftware,data&paymentscompanies

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesTauliaonitsSaletoSAP

OverviewofTransaction

.onJanuary27,2022,SAPSE(NYSE:SAP)announceditsintenttoacquireamajoritystakeinTaulia,aleading

providerofworkingcapitalmanagementsolutions

.TauliawilloperateasanindependentcompanywithitsownbrandinthesAPGroup

?CédricBruwillremaincEoofTaulia;SAPCFOLukaMucicwillbecomechairmanoftheBoard

.Foundedin2009,Tauliaisrecognizedforitsleadingtechnologyandhasoneofthebroadestplatformand

solutionportfoliosintheworkingcapitalmanagementmarket;thecompanyhasalsobuiltastrong

ecosystemoffnancialpartnerswhoprovidethenecessaryfunding,includingJ.p.Morgan,unicreditand

otherhigh-profilebanks

SignificanceofTransaction

.TheacquisitionofTauliarepresentsanopportunitytobroadenthesuiteofofferingsavailablethroughthe

SApplatform,andfurtherssAP'smissiontoembedagrowingrangeoffnancialservicesintoitsplatform

.SApwillstrengthentheintegrationwithTaulia,bothforthesAPBusinessNetworkandthecFosolution

suite,tobecomethecoreofsAP'sworkingcapitalmanagementportfolio

.TauliahasbeenanimportantsAppartnerwithprovenintegrationintosApsolutionsandmorethan80%of

theircustomerbaserunsonansAPERpsystem

.Taulia'ssolutionswillalsocontinuetobeavailablestandalonesothatnon-SAPCustomerscancontinueto

benefitfromTaulia'sportfolioastheydotoday

FTPartners’Role

.FTpartnersservedasexclusivefnancialandstrategicadvisortoTauliaonitssaletosApaswellasonprior

capitalraises

.ThistransactionhighlightsFTpartners'deepexpertiseinthetechnologyenabledworkingcapital

managementspaceandtrackrecordofdrivinghighlysuccessfuloutcomesforleadingFinTechcompanies

globally

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesDivvyonitsSaletoB

OverviewofTransaction

.onMay6,2021,B(NYSE:BlLL)announcedithasenteredintoadefinitiveagreementtoacquireDivyinastock

andcashtransactionvaluedatapproximately$2.5billion

–BwillacquireDivvyfor$625millionincashandapproximately$1.875billionofBcommonstock,

subjecttocustomaryadjustmentsfortransactionsofthisnature

.Diwymodernizesfinanceforbusinessbycombiningexpensemanagementsoftwareandsmartcorporatecardsintoa

singleplatform

.Bisaleadingproviderofcloud-basedsoftwarethatsimplifes,digitizes,andautomatescomplexback-ofce

fnancialoperationsforsmallandmidsizebusinesses(SMBS)

SignificanceofTransaction

.Thecombinationwillexpandthemarketopportunityforbothcompanies

.Bcanofferexpensemanagementandbudgetingsoftwarecombinedwithsmartcorporatecardsto

itsmore-than115,000customerbaseanditsnetworkof2.5millionmembers

.Divwywillbeabletooferautomatedpayable,receivables,andworkflowcapabilitiestothemore-than7,500

activecustomersthatitserves

FTPartners’Role

.FTpartnersservedasexclusivefinancialandstrategicadvisortoDivyanditsBoardofDirectors

.FTpartnerspreviouslyadvisedDiwyonitsinJanuary2021,demonstrating

FTpartners'long-termcommitmenttoitsclients,andtherepeatnatureofmanyofFTpartners'advisory

engagements

.ThistransactionunderscoresFTpartners'deeppaymentsandsoftwaredomainexpertise,aswellasour

successfultrackrecordgeneratinghighlyfavorableoutcomesforhigh-growth,unicornFinTechcompanies

globally

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesAvidXchangeonits$388millionGrowthFinancing

OverviewofTransaction

?onApril23,2020,Avidxchangeannouncedithasraised$128millioninadditionalequityfinancinginan

oversubscribedround,whichbringsittoatotalof$388million,afterraising$260millioninJanuaryofthis

year

?participatinginvestorsincludeanumberoftheforemostcapitalmanagementfirms,includingnewinvestors

NeubergerBerman,onbehalfofclients,Lonepinecapital,andschonfeldstrategicAdvisors,alongwith

existinginvestors

?Avidxchangeisabest-in-classbusiness-to-businesspaymentscompanythatisrevolutionizinghow

companiespaytheirbillsbyautomatingtheinvoiceandpaymentprocessesformiddlemarketcompanies

-Thecompanyfocusesonservingmid-marketclientsandspansmultipleindustriesincludingReal

Estate,Financialservices,Home-ownersAssociations(HOA),HealthcareFacilities/socialservices,

andconstruction

SignificanceofTransaction

?ThenewcapitalwillfuelAvidxchange'scontinuedgrowthandinnovation,allowingthecompanytoinvestin

itssolutionsforbothbuyersandsupplierswhilereachingmorecustomersinthemiddlemarket

?Thetransactionfirmlypositionsthecompanyforitsnextphaseofgrowth

FTPartners’Role

?FTpartnersservedasexclusivestrategicandfinancialadvisortoAvidxchange

?FTpartnershasbeenAvidxchange'sadvisorsince2009,workingwiththecompanyonmultiplecapital

raises,aswellasanumberofacquisitions

?Transactionunderscoresthelong-termnatureofmanyofFTpartners'relationships,aswellasourdeep

expertiseinadvisingleadingFinancialManagementsolutionproviders

FTPartners–FocusedExclusivelyonFinTech

FTPartnersAdvisesWaveonitsSaletoH&RBlock

OverviewofTransaction

?onJune11,2019,H&RBlock,Inc.(NYSE:HRB)announcedthatithasagreedtoacquirewaveFinancial

Inc.for$405millionincash

?HeadquarteredinToronto,ontario,waveprovidesaward-winningaccounting,invoicing,payroll,and

paymentssoftwaresolutions,aswellasbookkeepingservices,builtintoacomprehensiveplatform

-wavehasalow-costcustomeracquisitionmodelandcurrentlyservesover400,00monthly

activeglobalsmallbusinesses

?H&RBlockisaglobalconsumertaxservicescompany,providingtaxreturnpreparationservicesthrough

11,000company-ownedandfranchiseretailtaxofficesworldwideaswellastaxsoftwareforDly

consumers

SignificanceofTransaction

?ThistransactionwillexpandH&RBlock'sproductandclientportfolioaswellasenhanceitspositionin

thesmallbusinessspace

?H&RBlockestimatesthatthetransactionwillgenerate$40to$45millionofrevenueforfiscal2020

?Followingtheclosingofthetransaction,wavewillmaintainitsleadershipteam,includingkirksimpson,

operatingindependentlywithinH&RBlockfromitsheadquartersinToronto,ontario.

FTPartners’Role

?FTpartnersservedasexclusivestrategicandfinancialadvisortowave

?FTpartnersalsopreviouslyadvisedwaveonits$10million

?ThistransactionunderscoresFTpartners'expertiseinsell-sideadvisoryacrossabroadrangeofsaas,

fnancialmanagement,andpaymentscompaniesthattargetsmallbusinesses

I.ExclusiveCEO

Interview

FinancialManagementSolutionsMarketUpdate&Analysis

ModernTreasuryCompanyOverview

iMODERNTREASURY

DimitriDadiomov

Co-Founder&CEO:

Headquarters:sanFrancisco,CA

Founded:2018

?ModernTreasurydevelopspaymentoperationplatformstoautomatethecycle

ofmoneymovementforFinTechcompanies

-Includesledgering,reporting,paymentinitiation,real-timepayments,payouts

andvirtualaccountstoenablebusinessestomonitorandreconcilepayments

withoutfriction

?Thecompanyprovidesawhitelabelledcentralizedpaymentflowplatformto

orchestratetransparenttransactionsacrossbusinesses'stack

?ModernTreasury'sproprietaryandscalableplatformisdirectlyintegrated

throughanApplicationprogrammingInterface(Apl)onadashboardtounify

dataandaccelerateworkflows

-Establishesinproductpaymentexperiencesoveranybankrail,includingwire,

ACH,andFedNOW

?offers30+directbankintegrationsinover50+currenciesand12+paymentrails

SelectedCustomers

saonaRevolut

source(s):companywebsite

SelectedProducts

Reporting&Tracking

Tracksreturnedpayments

custompaymentFlows

Automatesflowsof

reconciliationandpayouts

Digitalwallets

programmaticallyholds

balancesforusers

Financialproducts

Enableslending,insurance,

andinvestingproducts

ldentitychecks

performskycandkyBchecks

atuseronboarding

caseManagementportal

centralizeddashboardto

investigateandreviewcases

create&ManageFBOS

ForBenefitof(FBO)saccount

creationtomanagefundson

behalfofacustomer

one-timepayments

Initiatespaymentsviaappusing

orders,schedulingandcsvs

Liveupdates

paymentstatusupdateswith

web-hooksandemails

cardprograms

powersissuingprogramswith

alexibleledger

customcurrencies

Tracksanycurrency,points,and

rewards

TransactionMonitoring

Detectsfraudandmoney

launderingwithmachinelearning

security&contro

controlsaccesstocompliance

setupandoffersauditlogging

create&AssignvirtualAccounts

lssuesvirtualaccountstousers,

invoices,andothersviaApl

DimitriDadiomov

Co-Founder&CEO

iMODERNTREASURY

FinancialManagementSolutionsMarketUpdate&Analysis

ModernTreasuryCEOInterview

whatisyourbackgroundandwhatwastheinspirationbehind

foundingModernTreasury?

Beforeco-foundingModernTreasury,lwasaproductManagerfortheinvestor

sideoftheLendingHomemortgagemarketplace·BeforethatIWasan

EntrepreneurinResidenceatFoundationcapital·

whileatLendingHome(nowkiavi)myco-foundersandIrealizedtherewasa

massiveneedformodern,scalablepaymentinfrastructuretosavethousandsof

companieswhosedatedpaymentsystemshinderedtheirabilitytosuppotand

connectwiththeirclients,users,andemployees.wesawaneedforaplatform

thatwouldnotonlystreamlinepaymentprocessesbutalsoempowerbusinesses

tonavigatethecomplexitiesofmodernfinancialtransactionsefciently.Forme,

ModernTreasuryenablesafuturewherepaymentsarenotonlyseamlessbutalso

contributetothegrowthandsuccessofbusinessesinthisrapidlyevolvingdigital

age

Howwouldyoudescribethecoreproductsthatyouoffertoday?

ModernTreasuryprovidestheoperatingsystemforaneweraofpayments.our

productsempowerbusinessestostreamlinetheirfinancialoperations,unlock

growth,enhancethecustomerexperience,anddriveefciencyinthemovementof

money.wedothisbyenablingfasterpayments,automaticreconciliation,andreal-

timefinancialdata

Formanycompanies,movingmoneyiscoretotheirbusiness,butit'snottheircore

business·ourplatformstreamlinespaymentoperations,allowingcompaniesto

quicklyimplementsolutionsthroughasuiteofAPIsandbankintegrations·ultimately

ModernTreasuryenablescompaniestomovemoneyatthespeedofsoftware,and

trackandreconcileitautomatically·

whatarethekeyusecasesandverticalswhereyouareseeing

themosttraction?

ModernTreasuryhasgainedsignifcanttractionacrossmanyusecasesand

verticals.Thekeyareaswhereweareseeingthemosttractioninclude:

MarketplacesMarketplacesthattreatpaymentsasastrategicdiferentiatorcan

driveincreasedGrossMerchandisevolume(GMV)·Theirconsumerscan

appreciatethechoicetopayusingtheirpreferredpaymentmethod·Their

supplierscanenjoybeingpaidthecorrectamountontimeforgoodsorservices

rendered·ModernTreasuryacceleratespayoutsanddrivestransparencyacross

themarketplacevaluechain,forsellersandbuyers·

continuedonnextpage

"…mycofoundersandIrealizedtherewasamassiveneedfor

modern,scalablepaymentinfrastructuretosavethousandsof

companieswhosedatedpaymentsystemshinderedtheirabilityto

supportandconnectwiththeirclients,users,andemployees."

FinancialManagementSolutionsMarketUpdate&Analysis

ModernTreasuryCEOInterview(cont.)

continuedfrompriorpage

FinTechsFinTechcompaniesleverageourplatformtolaunchnewpayment

productsandworkfowsusingourrobustAPISWithfastintegrations,companies

canmoveproductstomarketfaster·oursolutionsaretailoredtothedynamic

needsoftheFinTechindustry,providingtherequiredforrapid

Lenders:wehaveintegratedriskmanagementandcomposableAPIStopower

aylendingmodel·Lenderscanuseourledgertomanagecustomerpay-insand

merchantpayouts,facilitatefastercollectionsanddisbursements,andunlockfull

visibilitywithintheirpaymentflows·

Healthcare：Frominsurancecompaniestocareproviders,healthcarecompanies

ofallkindsuseModernTreasurytoprocessbankpaymentsin-house,reduce

overhead,andautomatereconciliation