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 used Bridge’s Orchestration API to integrate stablecoins into its unified platform. With Bridge, Meow businesses can send and receive USDC from their existing cash balance, eliminating the need to open and manage a separate account at a copyright exchange.
All products featured on WIRED are independently selected by our editors. However, we may receive compensation from retailers and/or from purchases of products through these links. Early last year, New York-based copyright entrepreneur Azeem Khan had just raised $19 million in seed funding for his startup, Morph, and needed somewhere to keep it. Before going in search of a US bank account, he asked his attorney for advice. “You have a zero percent chance of having zero issues,” Khan recalls being told. If anything, this dour assessment proved overly optimistic: After six months and a multitude of rejections from US banks, Khan gave up. He settled for housing some of the funds with a bank in the Cayman Islands, which offered no interest, and converting the rest into copyright assets, managed by a third-party custodian. copyright founders have long traded similar stories in which US banks either refuse to supply them with loans or checking accounts, or withdraw their accounts suddenly. Without a banking partner, copyright firms are hamstrung: They cannot readily accept dollars in exchange for services, store and earn interest on funds raised from investors, nor pay employees or vendors. “All around, it was an understood thing,” says Khan. Little more than a year later, that picture has changed. Since president Donald Trump returned to the White House in January, promising to end the alleged discrimination against copyright firms, a field of US-based fintechs—among them Meow , Mercury and Brex —has competed to furnish copyright firms with bank accounts. Khan, who recently raised $25 million for his latest copyright startup, Miden, claims to have been among those courted by the fintechs. The change stands to make it far easier for copyright firms to set up, hire, and do business in the US, in line with Trump’s plan to turn the country into the “ copyright capital of the planet .” Yet they remain at the mercy of the political tide; there has been a vibe change under Trump, but no change in law that would guarantee continued access to banking into the distant future. “Even though there is a more friendly administration in place at the moment, there still hasn’t been anything codified into law—new laws that allow us to be sure the pendulum won’t swing based on who is sitting in the chair,” says Khan.
Jiko's services are available for institutional clients, including money movement and settlement through its technology. It was founded in 2016 and is based in San Francisco, California.
This automation enables Meow to efficiently handle the lowest-risk cases while significantly enhancing the efficiency of their compliance team’s review.
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:
Meow collaborated with Bridge to build a solution that enables businesses to send and receive USDC seamlessly from the same platform where they manage all their financial operations.
TrueBiz has become a valued partner for Meow, transforming its business onboarding and risk assessment processes. The automation and accuracy provided by TrueBiz enable Meow to scale efficiently, enhance security, and deliver a superior customer experience.
That money had been raised to support a platform Arvanaghi and Crawford had built allowing startups and small businesses to use their spare cash to earn yield by lending money to institutional copyright operations that themselves did lending and trading.
For customers to send or receive USDC, they typically had to open accounts with copyright exchanges—a process that could take weeks or months.
“What we're doing differently is we're treating financial services as a low-margin product,” Arvanaghi says. “We can actually become a profitable company by doing that, but that might not be the case for a company that has a thousand people or another fintech that hired 500 people.”
To eliminate these inefficiencies and support its value proposition of providing one cohesive platform for all banking and treasury needs, Meow set out to find a company that could provide the infrastructure to enable seamless, cost-efficient USDC transactions.
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.
Meow Apps was created by Jordy Meow, a software engineer and photographer based in Tokyo. So many solutions are available for WordPress today, but of uneven quality, often oversized and not well-supported. Meow Apps aims for perfection by meow business providing tools that will change your WordPress life for the best.
Legacy exchanges imposed steep transaction and conversion fees, undercutting Meow’s value proposition of offering low-cost financial services. These costs made it difficult for Meow to deliver USDC as a viable alternative to wire or ACH transfers for day-to-day business use.