Why Multifactor Powers Its Finances with Meow
• Introduction
Company Overview
Multifactor offers best-in-class authentication, authorization, and auditing technologies for agentic systems, allowing users to securely and revocably share online accounts with agents while maintaining fine-grained permissions and a detailed event history. They do for AI security what Cloudflare did for web security, Okta did for identity security, and Wiz did for cloud security: defining the category.
“As a YC company, we evaluated every business *banking fintech. Meow’s offering stood out.”
• Problem
A security-first company needs security-first *banking
We needed business *banking that was secure, reliable, and tech-forward. We met with the Meow team and their security team. Their tech, ease of use, and long-term approach made us go with them.
A few requirements became non-negotiable:
- Clean bill pay and invoicing workflows
- Clear visibility into balances and cash position
- A way for operating cash to earn yield without adding complexity
• Solution
Meow gave Multifactor a long-term partner for business *banking
We chose Meow because they consolidated everything we needed into one platform, without forcing tradeoffs.
With Meow, we run our business *banking through a single, intuitive dashboard that supports both daily execution and longer-term planning.
Specifically, we use Meow for:
- Global Business Checking through their FDIC-insured partner banks
- Domestic and international wires, ACH, and checks with no transaction fees
- Bill pay and invoicing inside the same platform
- Clear permissioning, aligned with how responsibility is distributed
• Results
A white-glove 24/7 Slack channel with the team
Meow is now the home for Multifactor’s business operations. We even have a white-glove Slack channel with the team and executives where we can ask questions 24/7 to the team.
We spend less time managing payments, less time reconciling systems, and less time questioning whether numbers are current.
“Multifactor is changing the game in authentication. Our founding team at Meow consists mostly of security engineers, so when we met, we knew they were a special company. We’re thrilled to serve them for their treasury needs and to be a long-term partner as they scale.”
Meow Technologies is a financial technology company, not a bank or FDIC-insured depository institution. Banking services are provided by Grasshopper Bank, N.A.; Members FDIC. The FDIC's deposit insurance coverage only protects against the failure of an FDIC-insured bank.
The case studies discussed herein were selected based on objective non-performance based criteria and are provided for illustrative purposes. There is no guarantee Meow will find similar opportunities in the future.
While the information prepared in this message is believed to be accurate, we make no express warranty as to the completeness or accuracy of the information. Actual results may vary depending on various market conditions.
The individual interviewed herein has not been compensated for sharing his opinion and experience with Meow. Any compensation creates a conflict of interest, and the interviewees comments may not be representative of any other person's experience with Meow.