Slash raises $100M Series C at a $1.4B valuation
Outgrown Meow Banking?
Slash pairs hundreds of millions in FDIC insurance coverage with up to 2%+ cashback, native USDC and USDT rails, and competitive treasury yield. Most teams switch in about five minutes.
No monthly fees. Keep your vendors. Onboarding in minutes.
Why businesses switch from Meow to Slash
Meow- Up to 2%+ cashback on every eligible purchase
- Unlimited virtual cards with granular spend controls
- Multi-entity dashboard for corporate groups
- Native USDC and USDT with on/off ramps
- Crypto Support
- Global USD account in 130+ countries
- Hundreds of millions in FDIC coverage via IntraFi
- Developer API and AI agents for treasury automation
Four reasons founders and finance teams leave Meow
Choose the right platform for your business.
Cashback that compounds
Meow's corporate cards are built around interchange and idle cash. Slash pays up to 2%+ on every eligible purchase, with no spend minimums and no compliance hoops. On a $1M annual spend, that is $20K+ back to your treasury every year, liquidity you can redeploy into payroll, vendors, or business financing.
Hundreds of millions in FDIC coverage
Member FDIC depository institutions. Useful, but standard FDIC insurance caps at $250K per Member FDIC partner. Slash extends FDIC coverage to hundreds of millions through Column N.A. and the IntraFi network.² IntraFi sweeps balances across 800+ FDIC insured banks under one Member FDIC sponsor, so your business bank account benefits from the full IntraFi distribution.
Native USDC, USDT, and crypto rails
USDC and USDT all live on-platform, with on/off ramps.⁴ Move funds between fiat and digital assets in seconds, pay international suppliers in cryptocurrency, and enjoy competitive FX rates. Meow does not have crypto or stablecoin availability.
Global USD and a developer API
Receive and pay USD from 180+ countries.³ Issue cards globally. Build on a developer API that handles card issuing, payments, and agentic AI agents that automate money movement on rules you set. Meow's surface area stops at US-based business banking services for startups.
Understanding Meow Banking
Meow Technologies is a financial technology company based in New York, founded in 2021 by Brandon Arvanaghi and Bryce Crawford and backed by venture capital from Tiger Global and QED Investors. As a fintech company, Meow is not a chartered bank. Banking services run through Cross River Bank and Grasshopper Bank, both Member FDIC depository institutions.
The product is built primarily around treasury management for idle cash. Meow routes balances into US Treasury bills, commercial paper, and money market funds, then passes a yield back to the business after a spread. That focus on high yield is what most reviews of the platform call out: a clean way for a startup to earn yield on cash reserves instead of leaving liquidity in a low-rate savings account at a traditional bank, where interest rates rarely match what a high yield account at a fintech can generate.
Where Meow Bank falls short
- FDIC coverage capped by partner limits at Cross River Bank and Grasshopper Bank, not extended via the IntraFi sweep
- No native crypto or stablecoin rails for fiat-to-stablecoin liquidity
- No unlimited virtual cards with granular spend controls or regulatory compliance gates
- US-only services, no global USD business bank account
- No developer API and no AI agents to automate treasury or business financing
Everything Meow does, Slash also covers: FDIC insured business checking accounts, treasury management on US Treasury bills and commercial paper, ACH transfers, wire transfers, accounting integrations, and invoicing. The services for businesses stack runs deeper.
Ready to switch?
Open your Slash account. Earn up to 2%+ cashback¹, pay in USDC, and access hundreds of millions in FDIC² insurance coverage via IntraFi, far past any single Member FDIC partner ceiling.