Meowtel purrrs its way to smoother returns!

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Client Stories
Matthew Walsh
|
December 7, 2022

Treasure Financial clients serve a diverse array of industries, but they all have one thing in common: a desire to maximize their funds and secure a future for their businesses and their employees.

Meowtel came to Treasure to optimize their cash so they could focus on growing their business. Meowtel is making it easier for cat parents to travel with ease of mind, knowing their cats are taken care of.

"At Meowtel, we're acutely focused on sustainable, long-term growth without having to go out and raise large rounds of funding every 6-12 months. Allocating part of our free cash flow into high-yield investments has been a great way to ensure we're making a bit of a return that can keep being re-invested into the business. Every dollar counts when you're an early-stage startup, and when I incorporated our projected Treasure returns into our 2-year forecast, it's significant enough to allow us to take on that 'one special project' which was always out of budget. "

-Sonya Petcavich, Founder & CEO of Meowtel

Treasure customers like Meowtel earn extra revenue that can be used to boost their product, take on special projects, or start a 401K contribution plan. Why should your bank be making extra revenue on your deposits instead of you?

Meowtel connects cat parents with trusted and insured cat sitters, and are in the business of solving for trust. Friends and family still represent 90% of the pet-sitting market, largely due to how fragmented the industry has been over the last few decades. With the shift towards millennials having fewer children, or children at a much later age, pets have truly become the new children, and pet owners are now more selective with who they entrust to care for their beloved.

A staggering stat that many people don't know is that cats are actually the #1 pet in the US, but because they aren't in the limelight and out getting walked everyday, products and services specifically for cats have greatly lagged behind those for dogs. Placing a cat in a kenneling facility or a cat hotel causes extreme stress in felines, so quality, in-home care is the best viable solution for them. Not only is Meowtel solving the trust problem by offering the highest quality cat sitters, but they also operate in a way that's best for cats. Meowtel brings the purrfect hospitality to the kitties in the comforts of their own homes. 

Treasure is built for the founder who wants to make the most of their finances securely. Sign up in under 10 minutes, and start earning a minimum return of 3.00%* APY in an FDIC-insured account. Your portfolio will be actively managed by our investment team with more than 50 years of experience.

Now with a growing portfolio of allocations Treasure can earn your business up to 7.00%* APY with a diversified blended allocation. Sign-up today to see what all the buzz is about!

*Based on the average annual excess returns of hypothetical back-tested performance in the Treasure High Yield portfolio from 2013 to present and the current Federal Funds Rate. Results are shown net of fees. Hypothetical back-tested performance is not a guarantee of future performance and actual results will vary. Returns are subject to change daily. Source: Bloomberg.

**Treasure Cash accounts are held at Grasshopper Bank, N.A., our FDIC partner bank.

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