#383: Dimitri Dadiomov of Modern Treasury

Every company on the planet processes payments. They will usually take some combination of cash, checks or credit cards. But increasingly companies are offering ACH, wires or some other kind of electronic payment. If your organization is doing hundreds or thousands of these kinds of transactions a day you need to have software to help you reconcile it. My next guest on the Fintech One-on-One podcast is Dimitri Dadiomov, the CEO and Co-Founder of Modern Treasury. Dimitri and his co-founders saw this challenge firsthand while working at LendingHome (now Kiavi) and they realized it was a pain point that many companies have. Reconciling large numbers of ACH or wire payments is not a trivial task but it is a critical function that needs to work every time.In this podcast you will learn:The founding story of Modern Treasury.Why the infrastructure for receiving wires and ACH payments had not been built.How they were able to land their first client.How their product offerings have evolved since they started.Some of the verticals they are focused on.A detailed case study: how they are helping Pipe.How banks view what Modern Treasury is doing.How they are working with Silicon Valley Bank.What they are doing with real-time payments.How they had to change their systems for real-time payments.How they approach fraud and what they make available to their customers.The scale they are at today.The vision for Modern Treasury.Connect with Fintech One-on-One:Tweet me @PeterRentonConnect with me on LinkedInFind previous Fintech One-on-One episodes