GrowIt taps Modern Treasury for real estate payments

GrowIt has selected Modern Treasury to provide payments infrastructure for its real estate capital-raising platform. The arrangement covers the collection, management and distribution of investor funds across GrowIt's platform.

Under the agreement, GrowIt will use Modern Treasury's payment service provider system to handle money movement for real estate syndications, joint ventures and funds. The setup lets the platform open and manage payment accounts for individual investment entities, reconcile incoming payments, and send investor distributions through ACH, RTP, FedNow and wire transfers.

GrowIt helps sponsors and general partners launch and run capital raises from start to finish. Its platform covers entity formation, securities compliance filings, legal documentation, and investor onboarding, intending to move clients from deal setup to raising capital within seven days.

Once a deal is active, sponsors can use the system to onboard investors, collect capital and process distributions from one platform. GrowIt has formed more than 100 special purpose vehicles and supports more than USD $100 million in equity under management.

Payments Layer

The new payments arrangement is intended to automate fund flows across the life of each real estate investment. That includes giving each syndicate, joint venture or fund its own named payment account with unique account and routing numbers, and tracking funding status for each capital raise in real time.

The integration also allows GrowIt to distribute proceeds at the individual, hurdle and deal level through multiple payment rails. It adds real-time visibility into capital raised, held and distributed across each deal on the platform.

The decision reflects a broader pattern among software companies serving financial workflows, where handling money is central to the customer offering but building the underlying payment rails in-house can require significant engineering resources. In property syndication, where manual administration has long been common, the challenge is especially acute.

GrowIt said many sponsors want to avoid spending time on administrative tasks tied to investor money movement. It positioned the partnership as part of its effort to reduce manual work for both sponsors and investors.

"Sponsors come to us because they want to spend their time closing deals instead of chasing down accounts and wiring distributions by hand," said Lucas Parelius, Co-Founder and Chief Executive Officer of GrowIt.

"Modern Treasury lets us move investor capital in and distributions back out, over ACH, RTP, FedNow and wires, without building or maintaining that infrastructure ourselves, so we can keep our promise of a fixed timeline and fixed cost to every sponsor on our platform," Parelius said.

Sector Focus

Real estate syndications and private investment structures often involve multiple investors, repeated capital calls and periodic distributions, creating operational complexity. Platforms in the sector have increasingly sought to bring fundraising, documentation, compliance and payments into a single workflow.

For GrowIt, the payments component sits alongside services sponsors use to establish investment entities and manage regulatory and legal processes. By linking those steps to account management and transfer processing, the company aims to make the funding cycle more manageable from launch to distribution.

San Francisco-based Modern Treasury provides financial infrastructure for money movement and has processed more than USD $600 billion in payments for hundreds of organisations. Its system supports both traditional payment methods and stablecoin transactions, though the GrowIt arrangement is focused on bank-based rails including ACH, RTP, FedNow and wires.

In this arrangement, Modern Treasury operates beneath GrowIt's user-facing platform rather than replacing it. Sponsors and investors continue to interact through GrowIt, while transfer, account and reconciliation functions are handled through the integrated payments system.

That model has become common among vertical software providers that want to embed financial operations into their products without becoming payment infrastructure specialists themselves. In sectors such as real estate, where transactions are often large and time-sensitive, visibility over fund status and distributions can be a differentiating feature.

Modern Treasury said the partnership shows how software providers are outsourcing part of their financial stack while keeping control of the customer experience. It described GrowIt's use case as one rooted in a historically manual corner of the market.

"GrowIt is giving sponsors something that a notoriously manual industry hasn't had before," said Matt Marcus, Co-Founder and Chief Executive Officer of Modern Treasury. "We're proud to reliably power the payments underneath that promise, so GrowIt can focus on delivering it at scale."