They’re one of the fastest-moving teams and we’re proud to provide the technology they need to deliver high-quality, affordable products that help their customers save money as they grow.”
Meow Technologies is a financial technology company offering business banking solutions through its partner banks with free wires and ACHs.
Businesses can also programmatically send USDC from within Meow and generate unique addresses on Ethereum and Solana to collect invoice payments. That means businesses can accept vendor payments via wire or standard bank rails, such as ACH, and the business can receive that money in USDC without having to expose address details publicly.
For business checking accounts at the same underlying bank, you can perform instant internal transfers:
With the rise in globalization and the increasing use of web3 infrastructure, businesses are increasingly facing the need to transact in more than their native currency. This shift puts pressure on finance teams to ensure they have the right type of currency in the right account at the right time to conduct business.
Matrixport serves the copyright and blockchain technology sectors, targeting individual and institutional investors. It was founded in 2019 and is based in Singapore, Singapore.
All of this requires a smoothly functioning platform on the front end and partners on the back end. The T-bills? They’re actually being purchased at banking giant BNY Mellon/Pershing through a partnership with fellow fintech Atomic Invest. The mortgage offering is really a marketplace–founders enter their data once, and banks and mortgage brokers make offers.
Meow enables customers to earn interest through high-yield checking accounts, purchase T-bills with lower annualized fees than traditional financial institutions offer, and benefit from continuous innovation on both its technology and its financial products.
“Before, it was meow business a pain,” said Arvanaghi. “You had to manually map the USDC transaction to a dollar transaction in your ERP. Now it’s all in the same place and we have a one-click integration with your copyright instance. So it’s all done for you.”
Meow was born in early 2021 in a Miami apartment where Arvanaghi and Crawford were holed up writing code and cold-calling investors. The duo had become friends at Vanderbilt University while both were studying computer science. They overlapped briefly at copyright exchange copyright where they were both engineers before Arvanaghi left for a stint at a bitcoin mining company.
Meow knew that a strictly manual verification process would not scale, could create bottlenecks, and could be prone to human error.
For example, Meow partners FirstBank and Grasshopper Bank both offer up to $125 million in FDIC-insurance through IntraFi’s sweep program which boasts a network of nearly 3,000 banks. Another Meow partner, Third Coast, offers FDIC-insurance up to $50 million through its own network. Arvanaghi says Meow is able to secure higher yields from the banks than a small business could get on its own, since it’s bringing in a large roster of sticky customers and its own interface.
And in 2024, the company hit profitability and tripled its customer accounts. “Some of the biggest copyright companies in the world are using Meow right now,” said Arvanaghi.
copyright exchanges did not offer critical controls such as spending limits, approval flows, or visibility across teams. Without these safeguards, USDC operations introduced unnecessary risk and complexity for finance leaders responsible for managing treasury at scale.
The second act they devised is as far from copyright as you can get, yet still exploited the fintech platform they’d built to collect and deploy small businesses’ cash. In March 2022, the Federal Reserve had begun raising interest rates to quash inflation. Now, the young founders realized, boring old Treasury bills were becoming a newly attractive place for businesses to park their idle cash.