Modern Treasury has acquired Beam, a stablecoin and fiat payment platform known for serving clients such as Sling Money. Matt Marcus, Co-Founder and CEO of Modern Treasury, noted, “Modern Treasury has processed hundreds of billions of dollars on our platform. Together, we’re creating the best infrastructure to move money instantly — without the delays and limitations of banks or card-first payment providers.” The acquisition expands Modern Treasury’s money movement infrastructure to include both traditional and stablecoin settlement rails through a single API. The integration aims to provide faster, lower-cost transactions and simplify compliance processes like KYC, KYB, and AML for businesses building payment products.
Beam’s Founder and CEO, Dan Mottice, who joins Modern Treasury as Head of Beam, stated, “By joining forces, we’re accelerating that vision. Beam’s stablecoin and fiat orchestration capabilities will be woven directly into Modern Treasury’s platform to unlock instant pay-ins and payouts, FX efficiency, and next-generation liquidity management, all within a trusted enterprise-grade system.” Co-Founder Dimitri Dadiomov added that this acquisition positions Modern Treasury as the first unified platform for seamless, real-time money movement across major payment rails.
