Description
Meow is a financial technology company that provides a comprehensive business banking platform. While not a bank itself, it partners with FDIC-insured banks like Cross River Bank and Grasshopper Bank, N.A. to offer its services. The core product is a high-yield business checking account that pays interest on deposits. For larger cash balances, Meow offers a Commercial Paper Account through its SEC-registered investment adviser arm, Meow Advisory LLC, to earn higher yields. The platform also includes unlimited cashback corporate cards, fee-free domestic and international payments (wires, ACH, checks), custom invoicing, and spend management tools with approval workflows. Additionally, Meow facilitates access to business financing, including term loans, lines of credit, and SBA loans through its partners. The company serves thousands of businesses, from startups to established funds, and allows for sending USDC from user accounts.