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Findigs Customer Case Study With Steve Carroll (Co-Founder & CEO)

Findigs is a real estate technology company remaking the rental experience in America. Steve Caroll talks about Findigs experience using the Meow platform.
Chris Hladczuk
Nov 29, 2022
3 minute read
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Findigs is a real estate technology company remaking the rental experience in America. Their digital underwriting platform verifies applicant identity, income, and more in minutes, so property managers can move faster while eliminating fraud. By prioritizing fairness and transparency in the application process, renters can apply with confidence and spend less time waiting.

They’ve raised over $15mm to date, from top-tier investors including Streamlined Ventures, Expa, Allen & Co, Activant, and more.

1. Why did you choose Meow?

The obvious answer is that in this rate environment, Meow offered a frictionless way to get higher yields on our cash…

But we had to check three boxes before we were comfortable moving millions of dollars:

  • Trust

The Meow team went above and beyond in answering our questions and providing transparency around the mechanics of our transactions. Trust is the foundation of any business relationship particularly with banking.

  • Safety

Knowing that Findigs dollars are custodied at BNY Mellon Pershing, one of the largest custodians in the world.

  • Credibility

We dove deep on the people behind Meow and saw a first-rate, product led team. It shows in the product which is straight-forward and user-friendly. It was also important to us that Meow has top-tier investors around the table supporting them.

2. What was your treasury management stack before Meow and how do you plan to use Meow in the future?

We were in lower yielding accounts getting eaten by inflation.

Our go-forward plan is to allocate as much of our capital as possible to Meow beyond cash to fund our short-term business expenses.

3. How has the general startup ecosystem changed recently in regards to treasury management and capital efficiency?

Every single dollar matters.

And every founder I talk to is looking to find smart ways to extend runway and stretch existing cash.

Meow is a great place to do this.

—-

Disclaimer - The information provided is illustrative or for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy, sell or hold any security. The information is as of the date indicated and may change at any time without notice. Forecasts or projections of investment outcomes are estimates only and as such they are imprecise and hypothetical in nature, do not reflect actual investment results, and are not guarantees of future investment results. Meow is not an investment adviser however we’ve partnered with Helium Advisors LLC (“Helium”), an SEC-registered investment adviser, to bring you certain investing features. All investment advisory services are provided by Helium. We are not affiliated with Helium however we receive compensation as a percentage of assets managed by Helium for promoting Helium’s investment advisory services. Our partnership with Helium gives us an incentive to refer you to Helium instead of another investment adviser that is not a partner of ours. This conflict of interest affects our ability to provide you with unbiased, objective information about the services of Helium. This could mean that the services of another investment adviser with whom we are not partnered may be more appropriate for you than those of Helium. Investing involves risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. Helium accounts are not bank guaranteed or FDIC insured.
Written by
Chris Hladczuk
Chris HladczukNov 29, 2022
@chrishlad
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Written by
Chris Hladczuk
Chris HladczukNov 29, 2022
@chrishlad
Subscribe to our blog
Share this article
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*Meow is a financial technologies company, not a bank. The information provided is illustrative or for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy, sell or hold any security. The information is as of the date indicated and may change at any time without notice. Forecasts or projections of investment outcomes are estimates only and as such they are imprecise and hypothetical in nature, do not reflect actual investment results, and are not guarantees of future investment results. Meow is not an investment adviser however we’ve partnered with Helium Advisors LLC (“Helium”), an SEC-registered investment adviser, to bring you certain investing features. All investment advisory services are provided by Helium. We are not affiliated with Helium however we receive compensation as a percentage of assets managed by Helium for promoting Helium’s investment advisory services. Our partnership with Helium gives us an incentive to refer you to Helium instead of another investment adviser that is not a partner of ours. This conflict of interest affects our ability to provide you with unbiased, objective information about the services of Helium. This could mean that the services of another investment adviser with whom we are not partnered may be more appropriate for you than those of Helium. Investing involves risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. Helium accounts are not bank guaranteed or FDIC insured. 0.10% is sourced from treasury.gov's December 2020 52 week coupon equivalent yield. 4.6% is sourced from treasury.gov December 2022 52 week coupon equivalent rate yield. $460,000 calculated assuming treasury.gov's December 2022 52 week coupon equivalent yield based upon a $10 million deposit and held to maturity. Projected and/or hypothetical performance is intended to show only an expected range of possible investment outcomes based on historical average returns and standard deviation of each investment type contained in the investment mix recommended by Helium, but does not take into consideration the effect of taxes, changing risk profiles, or future investment decisions. Projected and/or hypothetical performance does not represent actual client accounts or actual trades and may not reflect the effect of material economic and market factors.
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