Modernbanc logo — Accounting software + spreadsheet in one.

Modernbanc

Accounting software + spreadsheet in one.

Founded 2020 United States San Francisco, United States 2 employees Seed Total: $130.00K Financial Services, Fintech +1

General Information

Company Name Modernbanc
Founded Year 2020
Location United States San Francisco, United States
Employees 2
Industries Financial Services, Fintech, SaaS
Funding Stage Seed
Business Model SaaS, B2B, API
Revenue Model Subscription, Tiered Pricing
Social

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About Modernbanc

Founded in 2020, Modernbanc is a burgeoning player in the Financial Services, Fintech, and SaaS industries, headquartered in the United States. The company's slogan, "Accounting software + spreadsheet in one," encapsulates its mission to provide a comprehensive and powerful financial software solution tailored to meet a wide range of accounting and payment needs for businesses.

Despite its recent inception, Modernbanc has rapidly captured investor interest, with its last fundraising action being a Seed Round investment on 22 March 2020. Notably, the investment was led by Y Combinator, underscoring the startup's promising potential and innovative approach to financial technology.

The firm's robust platform is designed to seamlessly integrate with existing financial workflows, making it an appealing proposition for companies seeking to optimize their financial operations. With its solid foundation and strategic backing, Modernbanc is well-positioned for scalable growth in the evolving fintech landscape.

Business keywords: accounting software, spreadsheet integration, financial software, payment management, API-based platform, bookkeeping automation, customer balance tracking, payment initiation, card authorization, financial operations, complex payment flows, money movement automation, full stack financial solutions, centralized financial operations

Services & Products

Custom Reports
Budget Projections
Automated Transaction Categorization
Double-Entry Accounting System
Bank Account Integration

Target Customers

Small Business Owners Entrepreneurs Startups Businesses without In-House Accountants

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed $130.00K 1
Y Combinator
01 Oct 2020
Support Program Undisclosed -
01 Mar 2020

Modernbanc Alternatives & Competitors

View All Alternatives
Modernbanc vs
eTreem
eTreem United States

Acquired by BillGo, Inc., November 2024 B2B SaaS Platform for Automated Accounts Receivables managem...

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Modernbanc vs

ZipBooks is simple, beautiful, and powerful accounting software that gives you the tools and intelli...

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Modernbanc vs
Instapay
Instapay Poland

Revenue management and payment platform

Pre-Seed
2 employees
Financial Services, Fintech

FAQ About Modernbanc

Accounting software + spreadsheet in one.
Modernbanc was founded in 2020.
Modernbanc is headquartered in San Francisco, United States.
Modernbanc operates in Financial Services, Fintech and SaaS. Its work centres on accounting software, spreadsheet integration, financial software and payment management. Its customers include Small Business Owners, Entrepreneurs and Startups.
Modernbanc has a SaaS, B2B and API business model. Its revenue comes from Subscription and Tiered Pricing.
Modernbanc has approximately 2 employees.
Modernbanc has completed 2 funding rounds, raising a total of $130.00K. The latest funding stage is Seed.
Modernbanc offers: Custom Reports, Budget Projections, Automated Transaction Categorization, Double-Entry Accounting System, Bank Account Integration.
Top alternatives and competitors to Modernbanc include eTreem, ZipBooks, Instapay, Pennylane, Peloton Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Modernbanc and eTreem are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Modernbanc, https://bouncewatch.com/company/modernbanc, updated 11 April 2026. When citing, please name BounceWatch and link this page.

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