Modern Treasury Corp
11 Case Studies
A Modern Treasury Corp Case Study
ClassPass, a global fitness and wellness marketplace, needed a scalable way to track studio payouts as its business grew across 30 countries. Its homegrown system and manual reconciliation process made it difficult to accurately track class attendance, manage multiple currencies, and keep finance teams aligned on reservation and payout data. To solve this, ClassPass turned to Modern Treasury and its Ledgers API.
With Modern Treasury’s Ledgers, ClassPass automated reservation tracking from booking to attendance using immutable, double-entry ledger entries and real-time balance visibility for each studio. The integration was built and launched in 8 weeks, and it now supports 125,000 unique ledger accounts across tens of thousands of studios, helping ClassPass achieve 5× growth in studios while enabling faster, more accurate payouts and reducing manual finance work.
Doug McKay
Director of Engineering