NAYA vs Modern Treasury
A detailed comparison of NAYA and Modern Treasury for payment operations, ledger management, and reconciliation automation.
The Verdict
Modern Treasury excels at payment orchestration for traditional enterprises, but NAYA wins for fintechs needing a built-in ledger and real-time reconciliation. If your core product is financial services, NAYA provides the infrastructure layer Modern Treasury lacks.
Modern Treasury and NAYA serve different segments of the payment operations market. Understanding the key differences helps you choose the right platform for your specific needs.
When to Choose Modern Treasury
Modern Treasury is ideal for traditional enterprises that need payment orchestration across multiple banks. Their strength lies in virtualizing bank connections and providing a unified API for payment initiation. If your primary need is to move money across different banking rails with a consistent interface, Modern Treasury delivers.
When to Choose NAYA
NAYA is built for fintechs and marketplaces where financial operations are core to the product. Unlike Modern Treasury, NAYA includes a built-in operational ledger, real-time reconciliation engine, and AI-powered compliance controls. This means you get the full financial operations stack, not just payment orchestration.
The key differentiator: Modern Treasury helps you send payments. NAYA helps you build financial products. If you need to track balances, reconcile transactions across multiple PSPs, and maintain audit trails for compliance, NAYA provides these capabilities natively.
| Feature | NAYA | Modern Treasury |
|---|---|---|
| Built-in Ledger | Yes - Double-entry operational ledger✓ | No - Requires integration |
| Real-time Reconciliation | Yes - Continuous matching✓ | No - Manual or batch |
| Payment Orchestration | Yes - Multi-PSP support | Yes - Multi-bank support |
| Bank Integrations | 50+ banks via partners | 100+ direct bank integrations✓ |
| Target Market | Fintechs & Marketplaces | Enterprise treasury |
| Pricing Model | Usage-based✓ | Transaction + Platform fee |
| AI Compliance Controls | Yes - Built-in✓ | No |
| Implementation Time | 2-4 weeks✓ | 4-8 weeks |
NAYA is best for...
Fintechs, marketplaces, and embedded finance products that need a complete financial operations platform with ledger, reconciliation, and compliance built-in.
Modern Treasury is best for...
Traditional enterprises and treasury teams that need payment orchestration across multiple banks with a unified API.
Making the Right Choice
The decision between NAYA and Modern Treasury often comes down to your core business model. If you are building financial products, NAYA provides the infrastructure you need. If you are adding payment capabilities to a non-financial product, Modern Treasury may be sufficient.
Ready to see NAYA in action? Schedule a demo to explore how our platform can power your financial operations.
FAQ
Can I use NAYA and Modern Treasury together?
Yes, some companies use Modern Treasury for bank connectivity and NAYA for the ledger and reconciliation layer. However, NAYA can also handle payment orchestration, so many teams consolidate on NAYA alone.
Does NAYA support the same banks as Modern Treasury?
NAYA supports 50+ banks through direct integrations and aggregator partners like Plaid. For specific bank requirements, contact our team for a compatibility check.
What is the pricing difference?
Modern Treasury uses a platform fee plus per-transaction pricing. NAYA uses usage-based pricing based on transaction volume and features used, which typically results in lower costs for high-volume operations.