Meow Technologies provides businesses with a high-yield checking account that offers up to 3.77% APY, along with treasury management services such as invoicing, ACH transfers, and spend controls. By eliminating wire and ACH fees, Meow simplifies financial operations for companies, allowing them to manage their cash flow efficiently on a single platform.
Funding
$28.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TGFounders
Product
Problem
Traditional business checking accounts often offer low or no interest, diminishing the value of idle cash. Furthermore, businesses face challenges in managing finances due to wire and ACH fees, limited spend controls, and fragmented financial tools.
Solution
Meow Technologies provides a business checking account that allows companies to earn up to 3.77% APY through partner banks. The platform consolidates treasury management services, including invoicing, ACH and wire transfers, spend controls, and corporate cards with up to 2% cashback. Meow eliminates wire and ACH fees, streamlines financial operations, and offers integrations with existing payroll and accounting software. Businesses can also access financing options, such as term loans, lines of credit, and SBA loans, through Meow's partners.
Target Audience
Meow's primary customers are small to medium-sized businesses, startups, VC firms, and real estate companies seeking higher yields on cash balances and streamlined treasury management.
Features
- High-yield business checking accounts with up to 3.77% APY through partner banks
- Unlimited cashback corporate cards with up to 2% rewards on every purchase
- Fee-free ACH and wire transfers, both domestic and international
- Free check issuance and deposits
- Custom-branded invoicing tools for streamlined payment collection
- Spend controls to set initiators, approvers, and limits for wires, ACHs, and checks
- Integrations with payroll and accounting software
- Access to business financing, term loans, lines of credit, and SBA loans through partners
- Multi-entity dashboard for VC firms and real estate companies