In addition to invoicing, Bridge has enabled Meow to integrate USDC within standard accounting workflows. Businesses can automate the reconciliation of USDC transactions within their existing accounting software, such as copyright. This includes invoices, which are automatically categorized and marked as paid.
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.
“Meow is defining the state of the art in business banking and making it possible for companies to use stablecoins as easily as cash, which aligns precisely with our mission here at Bridge.
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.
Mercury also has a venture debt platform where startups can apply to receive funding from venture capitalists and saw large inflows during the fall of SVB. Arvanaghi is uncowed. “This pie is enormous and we're just getting started,” he says.
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What about when interest rates stabilize and fall? After all, high rates are the reason small businesses have been looking for new places to put their idle cash–a key selling point for Meow.
“Meow, when you think about them as kind of a general store meow com for all of these financial products, they're going to have to have their hooks into lots of different things,” says Frank Rotman, cofounder of QED and a lead investor in Meow’s 2022 fundraising.
TrueBiz's configurable decision logic allows Meow to tailor the risk assessment process to their specific needs, ensuring accurate and reliable evaluations of new businesses signing up through the self-serve portal.
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 providing tools that will change your WordPress life for the best.
TrueBiz's risk assessments give us added confidence in reviewing and onboarding new businesses in a timely manner."