Case Study: Automatiq achieves faster marketplace payments with Modern Treasury

Automatiq saves over 12 months of development time with Modern Treasury

Automatiq, a ticket resale automation platform, needed to build a sophisticated payment infrastructure to power its new B2B marketplace. The challenge was to enable real-time transactions and instant payouts for its users without incurring fees, a project that would have taken over a year to develop in-house. They turned to Modern Treasury to leverage its Payments and Ledgers products to solve this.

By implementing Modern Treasury's solution, Automatiq saved over a year of development time and launched its marketplace faster. The partnership provided a single source of truth for financial reporting and enabled real-time payouts with zero transaction fees for its customers. Modern Treasury also helped Automatiq efficiently manage clawbacks, saving the company substantial money that would have otherwise been lost.

Automatiq