Case Study: Stocktwits reduces treasury costs and simplifies U.S. T-Bill management with Meow

StockTwits cuts Treasury fees by 25-100 bps with Meow

Stocktwits, a social investing platform with over 6 million users, faced the challenge of high fees and inefficiency when investing its corporate cash. Legacy asset managers were charging 25 to 100 basis points in management fees plus trading desk markups for simple Treasury Bill ladders. The company sought a smarter treasury management solution and selected Meow for its Business Checking and brokerage services.

The solution implemented by Meow provided Stocktwits with a segregated brokerage account at BNY Mellon Pershing, offering full transparency and a unique account number. This allowed Stocktwits to directly own its Treasuries, eliminating the high legacy management fees. The measurable impact was the complete avoidance of those 25-100 bps fees, extending the company's runway. Meow also provided a transparent fee structure and responsive, dedicated Slack support.

StockTwits