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Meow Team
Sun Feb 20 2022

Stytch Doubles Down on Web3, Chooses Meow for Treasury Management

Stytch, recently valued at $1B, has chosen Meow to earn yields on its treasury.

Stytch is an API-first passwordless authentication startup which recently raised a $90M Series B led by Coatue. The company was founded by Plaid alumni and is doubling-down on its belief in Web3 technologies.

“Stytch is doubling down on Web3, and using Meow to earn yield on their balance sheet shows it. Meow is excited to serve Stytch and we’re looking forward to their new product launches.” - Brandon Arvanaghi, CEO, Meow

“Meow is the most impressive offering we found for earning yields on our treasury. Their transparency and commitment to compliance were the key value propositions. We look forward to working together for a long time!” - Reed McGinley-Stempel, CEO, Stytch