Customer Case Study with Andrew Rea
Meow Technologies is a financial technology company, not a bank or FDIC-depository insured institution. Banking services are provided by FirstBank, a Tennessee corporation, and by Grasshopper Bank, N.A. and Third Coast Bank SSB; Members FDIC. Sweep programs allocate deposits across a network of FDIC-insured banks and are offered through Meow’s partner banks, FirstBank, a Tennessee corporation, for up to $125 million, Grasshopper Bank, N.A. for up to $125 million, and Third Coast Bank SSB for up to $50 million. The FDIC’s deposit insurance coverage only protects against the failure of an FDIC-insured bank.***
Advisory services are offered through Meow Advisory, LLC, an SEC-registered investment advisor. Brokerage services provided by BNY Mellon Pershing, member SIPC, through a clearing and custody relationship with Atomic Invest.
1. You posted this thread on X asking for the best option for your company’s hard earned cash. It had 54 comments! Why did you decide on Meow?
"Founding team knew the space cold, was the most responsive/helpful, and had the simplest user experience of any of the choices we were evaluating. Earning interest for one singular account was also a big appeal. Simplifies my life as a founder."
2. Since becoming a Meow customer, what have you noticed?
"The Meow team is one of the most responsive I’ve ever worked with. They respond fast. I never worry about having my cash parked with them because I know they’ve got my back and will act in our interests. Product is seamless and easy to use. Love being able to control our login with the Intrafi Network."
3. There are so many business banking fintechs. What would you say to anyone making a similar decision?
"Banking and interest rates have become commoditized. I say this as someone that used to work in this space. You want to pick vendors that make your life simple, are in it for the long game, have a business model you understand, and frankly are going to go above and beyond for their customers. Meow checked all those boxes for us which is why we picked them over their competitors. Having all interest in one singular account + having their team on call gave us confidence in who we were working with. Meow is simply easier to do business with than others on the market."
4. Tell us about your background, and why that helped you.
"As alluded, I used to lead growth at a fintech company called Capital (Fka Party Round). Capital originally built fundraising products and later combined those with banking including high yield products. Because of this, I know the space well, where the bodies are buried, the competitors, etc. Some of Meow’s competitors tried to B.S. us with things we knew weren’t true or did not make economic sense."
The case studies discussed herein were selected based on objective non-performance based criteria and are provided for illustrative purposes. There is no guarantee that Meow will find similar opportunities in the future. Additional information about these investment case studies can be obtained by contacting Meow.