Case Study: Vinovest achieves automated payment reconciliation and faster bank integrations with Modern Treasury

Vinovest democratizes investing in fine wine with help from Modern Treasury

Vinovest, a fine wine investing platform, needed a better way to support embedded payments, automate reconciliation, and give customers clear visibility into deposit and withdrawal status as transaction volume grew. To solve this, Vinovest turned to Modern Treasury Corp and its Virtual Accounts and Payments products to manage money movement across ACH and wire transfers.

Modern Treasury Corp helped Vinovest issue unique virtual account numbers for more than 10,000 customer accounts, automatically reconcile incoming wire deposits via webhooks, and support wire withdrawals linked to customer profiles. The integration took less than 5 days, and the automation now saves Vinovest’s operations team 15+ hours per week while improving payment visibility and reducing manual reconciliation work.

Vinovest

Conrad Kurth

Director of Engineering