The company provides USD loans backed by copyright, interest-earning accounts for digital assets, and a platform for trading various cryptocurrencies. It was founded in 2017 and is based in Jersey City, New Jersey.
Meow Technologies is a financial technology company offering business banking solutions through its partner banks with free wires and ACHs.
They knew they couldn’t succeed over the long term with just one product–busy business owners demand convenience. So this past January, five months after opening their T-bill platform, Meow introduced FDIC-insured business checking accounts promising a 4.8% annual yield. Like most fintechs, Meow lacks a banking charter and so it partners with banks, which in turn network with other banks.
For business checking accounts at the same underlying bank, you can perform instant internal transfers:
“There has been a change of administration and change in the interpretation of the law. The law has not changed.”
To achieve this, Meow needed a stablecoin solution that could deliver seamless account onboarding, direct access to USDC liquidity, smooth integration into customers’ existing financial stacks, and ultra-low transaction costs. But several structural and operational barriers stood in the way:
Treasure's services cater primarily to businesses looking to manage their idle cash effectively. It was founded in 2018 and is based in San Francisco, California.
Meow’s going to fail,’” muses Arvanaghi. But having survived one near-death experience in copyright, he’s ready to run whatever plays are needed. “I'm going to play football and we're going to win.”
Treasure specializes in corporate treasury management within the financial services sector, offering a cash management platform for meow business managing surplus business funds. The company provides investment solutions managed by an experienced investment team, focusing on security and compliance.
Meow CEO Brandon Arvanaghi describes the company as “the Costco of financial services.” Like the retail giant known for its affordable yet high-quality basics, Meow aims to provide cost-effective financial products and services.
“As long as it's evoking some kind of reaction,” a satisfied Arvanaghi says now. It’s worth noting that the name was more of a strategic decision than a troll; from the start, the duo aimed to become a low-cost competitor by keeping marketing spending low and automating everything they could.
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TrueBiz's configurable decision logic allows Meow to tailor the risk assessment process to their specific needs, ensuring accurate and reliable evaluations of new businesses signing up through the self-serve portal.
“Meow, when you think about them as kind of a general store for all of these financial products, they're going to have to have their hooks into lots of different things.” Frank Rotman, cofounder of QED Investors
Meow partners with Grasshopper Bank; Brex and Mercury partner with several banks. This model was adopted widely in the US during the COVID-19 pandemic, which forced banks to find ways to reach customers digitally. “In its best form, it’s a way for banks to get access to better technology,” says Craig Timm, senior director of anti-money laundering at ACAMS, which runs finance-related certification programs. Timm worked previously as a financial crime specialist at copyright and the US Department of Justice. “For the fintechs, it lets them focus on the things they’re good at—building, marketing, reaching new customers—without having to get a banking license, which can be difficult and expensive.”