Stifel Leads Meow's $31.6 Million Round for Bank Platform

Stifel Financial Corp. led a $31.6 million funding round for Meow Technologies, Inc. and plans to offer the fintech company’s treasury software to commercial banking clients under the Stifel brand. The Series B round, announced Oct. 15, included Archetype and brought Meow’s total funding to more than $60 million. Stifel Bank plans to introduce the platform first to clients in its venture and fund banking business. The planned offering covers cash management, payments, cards and day-to-day treasury work. It also includes bill payment, expense management, invoicing and stablecoin payment capabilities.

Source: TokenPost