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Stripe? Is Stripe adversely impacted by this given they recommended to merchants to use SVB and probably accounted for a large portion of deposits into SVB (fr
by tiffanyh 4y ago
Stripe?
Is Stripe adversely impacted by this given they recommended to merchants to use SVB and probably accounted for a large portion of deposits into SVB (from payment transactions)
- brunoTbear 4y agoStripe's money is not there
- tiffanyh 4y agoQuestion being: if a meaningful portion of Stripes customers were to bank with SVB, and if SVB were to seize operating - would this effect Stripe? It’d be a Jedi move for Stripe to straight up acquire SVB. Imagine how strong of an offering they could create then.
- ummonk 4y agoStripe doesn't have the assets to acquire SVB. As it is they're looking for funding to pay employees' stock tax bills.