SAN FRANCISCO: Modern Treasury, a U.S.-based payments infrastructure provider, said on Wednesday it has acquired Beam, a stablecoin and fiat payment platform, in a move aimed at expanding its capabilities across traditional and blockchain-based settlement systems.
The deal brings Beam’s technology and team under Modern Treasury’s umbrella, enabling the company to offer real-time payments via stablecoins, Push-to-Card, RTP, FedNow, ACH, and wire transfers through a single API. Financial terms of the acquisition were not disclosed.
“Instant payments and stablecoins are the future of money movement,” said Matt Marcus, co-founder and CEO of Modern Treasury. “Beam has proven traction delivering real-time payments for stablecoin-native flows. Together, we’re creating the best infrastructure to move money instantly — without the delays and limitations of banks or card-first providers.”
Beam’s founder and CEO Dan Mottice, who previously led Visa’s crypto settlement products and Visa Direct Payouts, will join Modern Treasury as Head of Beam. The integration of Beam’s orchestration technology is expected to accelerate Modern Treasury’s roadmap for global, real-time payments and liquidity management.
The acquisition comes amid growing demand from Fortune 500 companies and global teams for flexible treasury operations that span fiat and stablecoin systems. With regulatory clarity around stablecoins improving, Modern Treasury aims to simplify compliance and onboarding through automated KYC, KYB, and AML processes.
“Companies today are forced to stitch together multiple providers for ACH, stablecoins, and real-time payments,” said Dimitri Dadiomov, co-founder and President of Modern Treasury. “With Beam, we become the first platform to unify these rails for faster, more reliable, and lower-cost money movement.”
The combined platform will support instant payouts, cross-border flows, and FX efficiency, positioning Modern Treasury as a key player in the evolving landscape of digital finance.