treasury
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Monex USA and the price of waiting
An overseas invoice has two prices: the one on the page and the one the currency market decides. Monex USA helps businesses close the gap.
Edward Chung and the trouble with waiting for your own money
After managing money at Square, Edward Chung helped turn a tax-preparation business into Grid. His work keeps returning to a deceptively ordinary question: when does money become useful?
Nadir Al-Koraya and the long apprenticeship in tomorrow
Before he became Riyad Bank’s CEO, Nadir Al-Koraya spent decades in treasury and investment. Now his work connects the patient arithmetic of banking with Saudi Arabia’s plans for what comes next.
Ira Birns and the value of saying no
Before he became CEO of World Kinect, Ira Birns learned to turn down business that tied up too much cash. His route from a Long Island coin business to global fuel distribution is a story about choosing what deserves a yes.
Tom Priore and the business of waiting less
Priority Commerce began with two brothers and an idea about payments. Twenty-one years later, Tom Priore is leading an agreed buyout while pursuing a familiar goal: making a business’s money useful sooner.
Kevin Cook and the problem with money that sits still
A lawyer turned cash-market founder, Kevin Cook learned what happens when liquidity disappears. With TreasurySpring, he and two longstanding partners have spent a decade opening financial doors that most businesses could never get through.
Bottomline
Transforming the Way Businesses Pay and Get Paid
Coba
Coba is a cross-border financial infrastructure company built for businesses moving money between the United States and Mexico. It started in 2023 as a dual-currency consumer account for Latin American remote workers earning in dollars, and has since pivoted to B2B: multi-currency accounts, CLABE-enabled Mexican peso accounts for US companies, sub-24-hour carrier settlements, and embedded FX rails routed through banking partners, SPEI, ACH, SWIFT, wires, and stablecoins. Its sharpest focus is the US-Mexico freight and logistics corridor, where brokers and carriers have long been underserved by slow, opaque cross-border banking.
Florin
Florin is a financial operating system for startups that brings banking, payments, cards, and treasury into a single account. Rather than reselling another bank's rails, the company is building the underlying infrastructure end to end, so money moves in real time on a single ledger it owns. Florin launched out of Y Combinator's Summer 2026 batch with an invite-only membership for venture-backed companies.
Levocred AI
Levocred AI is an AI-native operating system for structured credit teams. It ingests a fund's loan tape, credit agreements, servicer reports, and bank feeds, then automates the recurring analytical work that follows - borrowing base reports, real-time covenant monitoring, credit analysis and investment committee memos, lender packages, collections, and cash reconciliation. Founded in 2025 and backed by Y Combinator (S26), the company monitors more than $500M in capital across 10+ facilities in production.
M-DAQ Global
M-DAQ Global is a Singapore-headquartered fintech group building foreign-exchange and cross-border payment infrastructure that lets businesses transact across currencies with price clarity and rate certainty. Through a single API and a suite that spans FX pricing, guaranteed rates, collections, payments and treasury tooling, M-DAQ serves e-commerce marketplaces, securities exchanges, fintechs and corporates across dozens of markets, processing billions of dollars in cross-border transactions each year toward its stated goal of a 'world without currency borders.'
MoneyMatch
MoneyMatch is a Kuala Lumpur-based fintech founded in 2015 that moves money across borders faster and cheaper than traditional banks. Starting as a peer-to-peer currency exchange, it grew into a licensed money services business serving individuals, SMEs and financial institutions across Malaysia, Singapore, Brunei, Hong Kong, Australia and New Zealand. It uses digital eKYC, machine learning treasury tools and blockchain rails - including Ripple - to settle payments in dozens of currencies, and is now an equity partner in Malaysia's KAF-led Islamic digital bank.
Conduit
Conduit is a stablecoin-powered cross-border payments network for businesses. Through a single API it connects banks, local payment rails, and blockchains so companies can move money internationally faster and cheaper than legacy systems like SWIFT. Founded in 2021 by Kirill Gertman and Michael Gregson, the company processes more than $10 billion in annualized payment volume and raised a $36 million Series A in May 2025.
VelaFi
VelaFi is a stablecoin-powered financial infrastructure platform that helps enterprises move money across borders quickly and at lower cost. Built out of TruBit Business, the B2B unit of Galactic Holdings, VelaFi connects local banking rails, cross-border networks and major stablecoin protocols to offer on/off-ramps, pay-ins and pay-outs, multi-currency accounts, FX and treasury tools - delivered directly or through developer-first APIs. With roots in Latin America and operations across the U.S., Hong Kong and Singapore, the company says it has served hundreds of institutional clients and processed billions of dollars in payment volume. In January 2026 it raised a $20M Series B led by XVC and Ikuyo.
John Manoochehri
John Manoochehri is the Founder and CEO of Treasury, a San Francisco-based registry and discovery system for the world's most valuable spatial assets - from architectural designs and film sets to real estate and world monuments. An architect and environmental scientist with an Oxford degree in ancient languages, he co-founded Treasury with Zaha Hadid Architects and Spaceform in 2022, securing backing from Google's AI fund Gradient Ventures. Before Treasury, he wrote policy frameworks for UNEP and WWF, ran a sustainable design firm working on Sweden's Kiruna city relocation, and launched Last Meter - an architectural tech company integrating circular consumption into real estate. He hosts two podcasts: Resource Talks and Futureperfect Talks (Epic Games-sponsored), and has taught architecture at KTH Stockholm.
Kenneth Lee
Kenneth Lee is the Chief Financial Officer and Treasurer, and Executive Vice President of Finance and Administration, at Southern New Hampshire University, one of the largest nonprofit providers of online higher education in the United States. Since 2018 he has steered the money behind a 16,000-employee institution that turned a small regional college into a national online powerhouse, overseeing finance, accounting, financial planning, treasury, tax, internal controls, procurement, and the campus and facilities themselves. A two-time Harvard graduate and former A.T. Kearney partner, Lee spent seventeen years in consulting and senior corporate roles before deciding the most interesting balance sheets were the ones attached to a mission.
Ramp
Ramp is a finance operations platform that combines corporate cards, expense management, bill pay, procurement, travel, treasury and accounting automation into one system. Built to save businesses time and money, it uses AI to cut manual finance work, enforce spend controls, and surface savings. Founded in 2019 by Harvard friends Eric Glyman, Karim Atiyeh and Gene Lee, Ramp serves 70,000+ organizations and reached a $44B valuation in June 2026.
Panax
Panax is an AI-native cash management platform that unifies bank and ERP data into a single live financial picture for lean finance and treasury teams. Built by finance professionals, it automates the manual grind of cash categorization, forecasting, reconciliation and reporting while keeping the finance team as the final decision maker. Panax targets mid-market and large companies in traditional industries - manufacturing, logistics, real estate - that have complex treasury needs but no army of treasury analysts.
Noam Mills
Noam Mills is the co-founder and CEO of Panax, an AI-native cash flow management platform for mid-market and enterprise finance teams. Before fintech, she was an elite epee fencer who ranked first in the world among under-20 competitors and became the first Israeli to fence epee at the Olympics, at Beijing 2008. She studied economics at Harvard, earned a Harvard MBA, and built a finance career across BCG, FIMI Opportunity Funds, SparkBeyond, and Mixtiles before founding Panax in 2022.
Mercury
Mercury is a San Francisco fintech that builds banking and financial software for startups and growth-stage companies. Through partner banks, it offers FDIC-insured checking and savings, corporate cards, treasury, venture debt, bill pay, and an API - aimed at founders who would rather not call a branch manager.
Luis Cuello
Luis Cuello is the Founder and CEO of Minted Protocol (MintedAssociates Corp), building mUSD - the first exclusive Canton-native institutional stable settlement token. With a background spanning BNP Paribas fund administration and M&A at Johnson & Johnson, Cuello brings traditional finance credibility to one of DeFi's most ambitious institutional plays: a GENIUS Act-aligned stablecoin backed 1:1 by HQLA-equivalent reserves on the Canton Network, the blockchain infrastructure processing $6T+ in monthly settlements for the world's largest financial institutions.
Every
Every is an all-in-one back-office platform for startup founders, bundling free incorporation, business banking, corporate cards, treasury, payroll, HR, benefits, bookkeeping, and taxes into a single dashboard. Founded in 2021 by Rajeev Behera and Barry Peterson and headquartered in San Francisco, the company raised a $22.5M Series A led by Redpoint Ventures in September 2024 to keep replacing the patchwork of tools that consume founders' time.
Modern Treasury
Modern Treasury is a San Francisco software company that builds payment operations infrastructure for businesses moving money at scale. Its API-first platform connects directly to banks and unifies ACH, wire, RTP, FedNow, and stablecoin rails behind one developer-friendly interface, with a real-time ledger and automated reconciliation built in. Founded in 2018 by three engineers who lived through the pain firsthand at a mortgage marketplace, the company has powered hundreds of billions of dollars in payments for customers like Gusto, Marqeta, Navan, ClassPass, and Procore.
Sam Corcos
Sam Corcos is a four-time founder and the co-founder and former CEO of Levels Health, a $300M metabolic health company that pairs continuous glucose monitors with a software layer to help people understand how food affects their blood sugar. He co-founded CarDash (Y Combinator S17, acquired 2020), Sightline Maps, and LearnPhoenix before building Levels into a category-defining health company with $67M raised from a16z and a community of 1,400+ member-investors. In 2025, he joined the Department of Government Efficiency (DOGE) and was appointed U.S. Treasury Chief Information Officer. He is also known for extreme minimalism (one pair of pants, one backpack), tracking time in 15-minute increments, and hosting 100+ intellectual salon dinners in New York and San Francisco.