Modern Treasury Acquires Beam to Unite Fiat, Stablecoin Payment Infrastructure

Payments infrastructure company Modern Treasury has acquired Beam, a stablecoin and fiat payment platform, combining traditional instant payment infrastructure with blockchain-based settlement capabilities in a unified system.

The acquisition, announced Wednesday, integrates Beam's stablecoin orchestration technology with Modern Treasury's payment processing platform, which has handled hundreds of billions of dollars in transactions. The combined platform will support real-time payments via stablecoins, Push-to-Card, RTP, FedNow, ACH, and wire transfers through a single API, the announcement said.

Financial terms of the acquisition were not disclosed though Fortune reported that the deal was an all-stock transaction worth about $40 million, citing an anonymous source familiar with the deal.

"Instant payments and stablecoins are the future of money movement," said Matt Marcus, co-founder and CEO of Modern Treasury. "Together, we're creating the best infrastructure to move money instantly — without the delays and limitations of banks or card-first payment providers."

The unified platform aims to streamline compliance and onboarding by handling KYC, KYB, and AML requirements across fiat and blockchain rails. Modern Treasury stated this approach could replace six months or more of bank onboarding and compliance work with API integration.

Beam founder Dan Mottice joins Modern Treasury as Head of Beam, bringing experience from leading Visa's crypto settlement products and Visa Direct Payouts. The technology will enable instant payouts, on- and off-ramping flows, and treasury operations without requiring companies to coordinate multiple payment providers.

"Beam was founded on the belief that stablecoins can play a major role in the future of payments, but to make that real, you need scale, regulatory strength, and trusted infrastructure," said Mottice. "By joining forces, we're accelerating that vision."

The acquisition positions Modern Treasury to serve companies seeking flexible treasury and payment operations across currencies, regions, and payment systems. The platform targets use cases including instant payouts, cross-border payments, remittance flows, and FX efficiency powered by stablecoin settlement alongside traditional rails.

"Today, companies are forced to stitch together multiple providers for ACH, stablecoins, and real-time payments — an expensive and challenging process," said Dimitri Dadiomov, co-founder and president of Modern Treasury. "With Beam, Modern Treasury becomes the first payments platform for faster, more reliable, and lower-cost money movement across major rails."

The move comes as stablecoins gain regulatory clarity and financial institutions modernize payment infrastructure. Beam serves clients including Sling Money, providing stablecoin-native payment flows with real-time settlement capabilities.