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Stripe Treasury

stripe.com

21–30 of 265 posts

Re: Stripe Treasury

#21
post #5

Hi everyone, I’m Tara, PM on Stripe Treasury. Treasury is a banking-as-a-service API for platforms—built in partnership with the world’s leading banks. Embed interest-earning accounts, bill pay, ACH and wire transfers, and faster access to revenue directly in your platform. Happy to answer any questions here—and I’d love to hear your feedback!

Will this support paper checks that can be written on the spot by a client?

Re: Stripe Treasury

#22

Earlier quoted context omitted.

Is this like Stripe Issuing where it is only available to a small number of companies? A lot of newer Stripe products seems to be available to large enterprises only. We applied for that waitlist multiple times but never heard back. What are the revenue or scale requirements for your targeted customers? Is it suitable for fintech e-wallets/banks?

Well from the website Issuing looks to be available to everyone now. Seems like a normal product rollout to progressively increase the audience size.

Interesting, it seems their products are geo-locked. The Canadian site still shows "Request invite".

Re: Stripe Treasury

#23

I look forward to the GitHub project that makes a one-click to deploy to Heroku your own "bank" using this. :) I haven't dug into their terms, but is there any reason you couldn't create effectively a bank of one customer (or even just your family?) with this, backed by their larger institutions? Issue your own debit cards, the works?

This would be incredibly interesting. I have yet to find a bank for our business accounts that doesn't make me jump through ridiculous hoops to get basic things done.

I've had good luck with https://mercury.com for business banking.

Re: Stripe Treasury

#24
post #17
post #5

Hi everyone, I’m Tara, PM on Stripe Treasury. Treasury is a banking-as-a-service API for platforms—built in partnership with the world’s leading banks. Embed interest-earning accounts, bill pay, ACH and wire transfers, and faster access to revenue directly in your platform. Happy to answer any questions here—and I’d love to hear your feedback!

Is this mainly available in North America?

(Stepping in for Tara because she is currently dealing with a literal fire. Never a dull moment on launch day.)

We're starting the limited beta for businesses serving businesses in the U.S., but our ambitions for products are always bringing them to all appropriate users on the internet. This is one reason why we partnered with global banks to launch this.

Re: Stripe Treasury

#25
post #7
post #5

Hi everyone, I’m Tara, PM on Stripe Treasury. Treasury is a banking-as-a-service API for platforms—built in partnership with the world’s leading banks. Embed interest-earning accounts, bill pay, ACH and wire transfers, and faster access to revenue directly in your platform. Happy to answer any questions here—and I’d love to hear your feedback!

Hi Tara, this looks like it solves some of the limitations we've run into using Stripe Connect with ACH, which is very exciting! Will existing platforms using Stripe Connect eventually be able to add Stripe Treasury for existing users?

definitely! we want to make it as easy as possible for existing Stripe Connect users to add Treasury functionality for their connected accounts. Request an invite [0] (the product team is personally monitoring this queue) and let's chat about what you're looking to do!

0. https://stripe.com/treasury#request-invite

edit: added a space

Re: Stripe Treasury

#26

Earlier quoted context omitted.

Well from the website Issuing looks to be available to everyone now. Seems like a normal product rollout to progressively increase the audience size.

Interesting, it seems their products are geo-locked. The Canadian site still shows "Request invite".

[deleted]

Re: Stripe Treasury

#28
post #5

Hi everyone, I’m Tara, PM on Stripe Treasury. Treasury is a banking-as-a-service API for platforms—built in partnership with the world’s leading banks. Embed interest-earning accounts, bill pay, ACH and wire transfers, and faster access to revenue directly in your platform. Happy to answer any questions here—and I’d love to hear your feedback!

The one thing I've been hoping Stripe eventually rolls out is escrow; hopefully this is a step towards that?

Escrow has a precise legal definition—and while we don’t support straight-up “escrow,” Stripe recently added support to hold funds for up to 3 months. You can use Stripe Connect to manually control (in this case, delay) payout timing: https://stripe.com/docs/connect/manual-payouts.

Re: Stripe Treasury

#29
post #5

Hi everyone, I’m Tara, PM on Stripe Treasury. Treasury is a banking-as-a-service API for platforms—built in partnership with the world’s leading banks. Embed interest-earning accounts, bill pay, ACH and wire transfers, and faster access to revenue directly in your platform. Happy to answer any questions here—and I’d love to hear your feedback!

Is this like Stripe Issuing where it is only available to a small number of companies? A lot of newer Stripe products seems to be available to large enterprises only. We applied for that waitlist multiple times but never heard back. What are the revenue or scale requirements for your targeted customers? Is it suitable for fintech e-wallets/banks?

We have been ramping up our rollout of Stripe Issuing over time, and will do similar for Stripe Treasury. Can we have your email address? (You can email it to me at this handle at stripe.com) Depending on the specifics of your use case, we may be at general availability.

There are no particular revenue or scale requirements; we tend to roll out features to a few users across the spectrum because supporting users from startup-in-a-garage to publicly traded customers is what we do. We would be thrilled to talk about particular potential use cases; we do envision some B2B fintech applications would find the set of capabilities appealing. Just drop some details on the form and we'll be in touch.

Re: Stripe Treasury

#30
post #5

Hi everyone, I’m Tara, PM on Stripe Treasury. Treasury is a banking-as-a-service API for platforms—built in partnership with the world’s leading banks. Embed interest-earning accounts, bill pay, ACH and wire transfers, and faster access to revenue directly in your platform. Happy to answer any questions here—and I’d love to hear your feedback!

"Financial services" are verbatim not allowed by Stripe's Acceptable Use Policy. What kind of businesses are permitted to use Stripe Treasury? Which functionality is specifically provided (or anticipated to be provided) by Goldman Sachs Bank? The answer is probably a credit card. Who performs KYC? Is it Stripe FTEs, Stripe contractors, or a vendor? Is it Evolve's vendor? The answer is probably a vendor. When submitti…

This is a bit harsh. Stripe's value add is handing you an API and doing all of the hard work behind the scenes, same as Twilio (integrating with far flung telco gateways with byzantine interfaces). It's not necessary for Stripe to handle payment flows or issue cards themselves. Success is if customers are willing to pay Stripe instead of wrangling all of those vendors together themselves (which sounds like a good bet to make).

Disclosure: Stripe CC processing customer, no other relation.

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