NAYA vs Modern Treasury: The Ledger-First Alternative
Why switch to NAYA?
Modern Treasury is a best-in-class operating system for money movement, excelling at payment initiation and approval workflows. NAYA is Financial Operations Infrastructure—a unified ledger and reconciliation layer that sits above your payment processors. Choose NAYA when you need a single source of truth across multiple banks, processors (like Stripe/Adyen), and internal systems, ensuring data integrity regardless of how money moves.
Cons of Modern Treasury
- ✕Focused primarily on money movement and approvals
- ✕Can become a silo if you use other payment processors (e.g. Stripe)
- ✕Ledgering is often secondary to payment operations
Pros of NAYA
- ✓Unified source of truth across all rails and banks
- ✓AI-driven reconciliation for complex many-to-many matches
- ✓Agnostic to your payment stack (works with MT, Stripe, or direct banks)
Key Differentiators
Ledger-First Architecture
NAYA is built on a double-entry operational ledger that enforces immutability, whereas Modern Treasury is primarily a payment orchestration layer.
Multi-Processor Reconciliation
Automatically reconcile data from any bank, processor (Stripe, Adyen), or gateway. Modern Treasury focuses heavily on direct bank integrations.
Event-Driven Controls
Block transactions or trigger alerts based on real-time ledger balance states, not just payment status.
The Architectural Difference
Modern Treasury is an 'Overlay' for bank rails. It excels at normalizing the painful differences between bank APIs (files, SOAP, REST) into a single clean interface for moving money.
NAYA is the 'State Layer' for your product. We track who owns what funds, whether the bank balance matches your user balances, and where every cent is at any given second.
When to use NAYA?
If you are building a marketplace, lending platform, or wallet where 'Balance Accuracy' is the critical product feature, NAYA provides the infrastructure to guarantee that accuracy. We ingest data from Modern Treasury, Stripe, and your internal database to prove that your financial state is correct.
Integration Complexity
Integrating NAYA is often faster because we don't require you to switch banks. You can keep your existing flows and simply feed the data into NAYA's Data Hub for immediate visibility and control.
Frequently Asked Questions
Does NAYA replace Modern Treasury?
Not necessarily. NAYA often works ALONGSIDE Modern Treasury. You can use Modern Treasury for payment initiation and NAYA for the unified operational ledger and reconciliation across your entire stack.
Why choose NAYA over Modern Treasury?
Choose NAYA if your primary pain point is data integrity, complex reconciliation, and multi-processor visibility. Choose Modern Treasury if your primary pain point is initiating bank wires and ACH approvals.
Can NAYA handle payment initiation?
NAYA focuses on the ledger and reconciliation. We integrate with partners for the actual money movement to ensure you have the best-in-breed providers for each rail.