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Stifel Makes Strategic Investment in Meow; Partners to Launch Next-Generation Digital Banking Platform

SF
  • Stifel Financial Corp. made a strategic minority investment in Meow Technologies, Inc.
  • Stifel will offer a white-label version of Meow's treasury management platform through Stifel Bank to commercial clients, focusing initially on Venture & Fund Banking.
  • The partnership provides access to Meow's capabilities for cash, payments, cards, & day-to-day treasury operations across multi-entity fund structures.
  • Stifel expects to begin onboarding clients to the new digital platform in early 2027.
  • The platform will enable Stifel clients to access features including expense management, bill pay, stablecoin payments, & agentic infrastructure.
  • Stifel's Venture & Fund Banking business has grown deposits nearly six-fold since September 2023 to exceed $10 billion.
  • The business now serves over 500 high-growth companies & over 250 fund clients with more than 125 client-facing professionals.
  • Meow will extend its white-label technology to other banks, allowing them to offer modern digital banking experiences without building the technology themselves.