Modern Treasury and Goldman Sachs Partner on Integrated Payments for Corporates

On September 15, 2022, Modern Treasury and Goldman Sachs announced a partnership to deliver integrated software and payments solutions to corporate customers. The collaboration specifically targets mid-market companies looking for embedded finance access, combining Modern Treasury's payment operations platform with Goldman Sachs' Transaction Banking infrastructure. Corporate customers can benefit from streamlined payment workflows, automated reconciliation, and direct bank connectivity through a unified offering.

The partnership reflects Goldman Sachs' continued push into transaction banking and embedded finance through its Transaction Banking division. For Modern Treasury, the deal provides a marquee banking partner that enhances its credibility and product capabilities. Financial terms of the partnership were not disclosed.

The announcement underscores the growing demand among mid-market enterprises for embedded payment and treasury management tools.