Relay vs Modern Treasury
Side-by-side from the Top 11 ranking of The 11 Best Treasury Management Platforms for Startups. Last verified June 3, 2026.
The short answer
Relay ranks higher on Top 11 (#8 vs #11) for Startup CFOs and founders parking and managing runway. Excellent for cash organization with multiple accounts, offering a simple first step into treasury management.
At a glance
| Relay | Modern Treasury | |
|---|---|---|
| Top 11 rank | #8 / The 11 Best Treasury Management Platforms for Startups | #11 / The 11 Best Treasury Management Platforms for Startups |
| Score (out of 9.4) | 7.9 | 7.3 |
| Best for | Multi-account business banking | Payment operations API |
| Pricing | Free to $30/mo | $$$$ (Custom enterprise pricing) |
| HQ | Toronto, Canada | San Francisco, USA |
| Founded | 2018 | 2018 |
Relay
Excellent for cash organization with multiple accounts, offering a simple first step into treasury management.
relayfi.comSee full entry in The 11 Best Treasury Management Platforms for Startups
Modern Treasury
An API-first platform for building custom, multi-bank payment operations and treasury systems, not for direct investing.
www.moderntreasury.comSee full entry in The 11 Best Treasury Management Platforms for Startups
Methodology and scoring weights live at /methodology. No vendor pays for placement — see about.