Is there any plan for Atlas companies to become eligible for that?
Stripe opens its Atlas program to US-based startups
71–80 of 125 posts
Re: Stripe opens its Atlas program to US-based startups
#72Re: Stripe opens its Atlas program to US-based startups
#73We've technically speaking got a lot of US startups on Atlas, but we're happy to have more. Today's announcement also includes a number of other improvements we've made the last few months. I'm happy to answer questions if anyone has them.
We've been in contact with Stripe support over this, and their recommended solution was to use Atlas and setup a US company and bank account, but that's the wrong solution for us. We already have a company which we're happy about, we don't want to become a multi-national entity with all the liability that follows.
So, question: Are you actively going to push Atlas as the solution to our problem as well? It seems completely misguided to me, we just want to be able to transfer the USD held in our Stripe account to our EU-based USD bank account, and not do any currency conversions at all.
Re: Stripe opens its Atlas program to US-based startups
#74Earlier quoted context omitted.
SVB is absolutely fantastic, has great service, saves us a ton of money on wires, and helps in so many other ways. Great bank, happy customer.
Well not sure about saving you money. Wire transfers I believe across the board are cheaper using Capital One Spark $25 flat. Additionally you can transfer in and out of Spark for free using linked accounts not even within Capital One. Something not even possible with SVB.
Re: Stripe opens its Atlas program to US-based startups
#75Silicon Valley bank is frankly awful. I used them for three years but just recently switched over to Capital One Spark Business Checking[1] and love it. Spark is all online, has zero fees unlike SVB (I used to pay $15/mo), and has solid technology again unlike SVB. The account gets setup instantly and your debit card and checks arrive about a week after opening. The Spark iOS mobile app is really solid and allows for…
Re: Stripe opens its Atlas program to US-based startups
#76We incorporated using Stripe Atlas during the beta. If anyone has any questions, feel free to ask. Would be happy to provide another perspective on incorporation.
Re: Stripe opens its Atlas program to US-based startups
#77Earlier quoted context omitted.
Well not sure about saving you money. Wire transfers I believe across the board are cheaper using Capital One Spark $25 flat. Additionally you can transfer in and out of Spark for free using linked accounts not even within Capital One. Something not even possible with SVB.
Wires from (most) SVB accounts are free so, that's factually inaccurate. If you had an account that didn't have free wires you had the wrong kind of account.
Re: Stripe opens its Atlas program to US-based startups
#78Silicon Valley bank is frankly awful. I used them for three years but just recently switched over to Capital One Spark Business Checking[1] and love it. Spark is all online, has zero fees unlike SVB (I used to pay $15/mo), and has solid technology again unlike SVB. The account gets setup instantly and your debit card and checks arrive about a week after opening. The Spark iOS mobile app is really solid and allows for…
I've always been pleased with Charles Schwab, they've been pro-customer since before it was cool. No fees, even rebate foreign ATM fees, helpful customer service, mobile camera deposit, etc.
Re: Stripe opens its Atlas program to US-based startups
#79We've technically speaking got a lot of US startups on Atlas, but we're happy to have more. Today's announcement also includes a number of other improvements we've made the last few months. I'm happy to answer questions if anyone has them.
We're happy Stripe customers, but our Stripe account is based in an EU country, and our entire volume is in USD. For some Stripe policy reason, we can't transfer USD from Stripe to our EU bank account, it's not allowed. You can only transfer USD to US or Canadian bank accounts. We've been in contact with Stripe support over this, and their recommended solution was to use Atlas and setup a US company and bank account,…
It's an European company and it's the main competitor to Stripe on our continent. They are actually a bit older and ten times bigger than Stripe, however they don't advertise much.
Disclaimer: I am NOT affiliated with any of these providers.
Re: Stripe opens its Atlas program to US-based startups
#80Does anybody have an invite code they wouldn't mind sharing for Atlas?