Meow Secures $22 Million in Sequence A Funding Spherical

Meow, a cryptocurrency firm, introduced on Monday that it closed on $22 million in a Sequence A financing spherical. In keeping with the press launch, Tiger International led the spherical, together with QED Traders and FTX, a serious  cryptocurrency trade  , and others.

The spherical will help the corporate’s speedy progress by way of new hires and enhanced product options. Meow was launched in early 2022 with seed funding from cryptocurrency business leaders and buyers, together with Coinbase Ventures, Gemini Frontier Fund and Lux Capital. As a result of speedy adoption of the cash-in-cash-out, short-term, high-yield investing alternatives by a spread of firms, Meow grew company belongings beneath administration to almost $100 million in lower than six months.

Moreover hiring throughout its  advertising  , gross sales and engineering groups, Meow is creating a number of new product enhancements. Through the subsequent few months, it is going to launch a GAAP accounting resolution and start rolling out cross-border fee options for its B2B stablecoin suite.

Feedback from the Administration

“No person believed us after we stated firms would wish to take part in crypto markets. Entry to crypto yield is just the start. We’re coming for all of it. We’re dedicated to creating Meow the one-stop store for company finance,” Brandon Arvanaghi, the Co-Founder and CEO of Meow, commented.

Alex Cook dinner, a Accomplice at Tiger International, added: “Meow’s prioritization of threat administration and compliance is filling a spot out there for company crypto treasury administration. We’re excited by the imaginative and prescient to construct a complete suite of treasury and fee merchandise, and the group has the proper set of experiences to ship on the roadmap.”

In the identical line, Frank Rotman, the Founding Accomplice and Chief Funding Officer at QED Traders, identified: “With the rise in globalization and the rising use of web3 infrastructure, companies are more and more dealing with the necessity to transact in additional than their native forex. This shift places strain on finance groups to make sure they’ve the proper sort of forex in the proper account on the proper time to conduct enterprise. Meow is constructing instruments to handle this downside, particularly for these firms that need assistance managing their crypto belongings and funds.”

Meow, a cryptocurrency firm, introduced on Monday that it closed on $22 million in a Sequence A financing spherical. In keeping with the press launch, Tiger International led the spherical, together with QED Traders and FTX, a serious  cryptocurrency trade  , and others.

The spherical will help the corporate’s speedy progress by way of new hires and enhanced product options. Meow was launched in early 2022 with seed funding from cryptocurrency business leaders and buyers, together with Coinbase Ventures, Gemini Frontier Fund and Lux Capital. As a result of speedy adoption of the cash-in-cash-out, short-term, high-yield investing alternatives by a spread of firms, Meow grew company belongings beneath administration to almost $100 million in lower than six months.

Moreover hiring throughout its  advertising  , gross sales and engineering groups, Meow is creating a number of new product enhancements. Through the subsequent few months, it is going to launch a GAAP accounting resolution and start rolling out cross-border fee options for its B2B stablecoin suite.

Feedback from the Administration

“No person believed us after we stated firms would wish to take part in crypto markets. Entry to crypto yield is just the start. We’re coming for all of it. We’re dedicated to creating Meow the one-stop store for company finance,” Brandon Arvanaghi, the Co-Founder and CEO of Meow, commented.

Alex Cook dinner, a Accomplice at Tiger International, added: “Meow’s prioritization of threat administration and compliance is filling a spot out there for company crypto treasury administration. We’re excited by the imaginative and prescient to construct a complete suite of treasury and fee merchandise, and the group has the proper set of experiences to ship on the roadmap.”

In the identical line, Frank Rotman, the Founding Accomplice and Chief Funding Officer at QED Traders, identified: “With the rise in globalization and the rising use of web3 infrastructure, companies are more and more dealing with the necessity to transact in additional than their native forex. This shift places strain on finance groups to make sure they’ve the proper sort of forex in the proper account on the proper time to conduct enterprise. Meow is constructing instruments to handle this downside, particularly for these firms that need assistance managing their crypto belongings and funds.”

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