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I think they bank with Celtic Bank. I think this because it says on the Stripe Capital product page on the bottom: https://stripe.com/capital/platforms https://
by stu2b50 4y ago
I think they bank with Celtic Bank. I think this because it says on the Stripe Capital product page on the bottom: https://stripe.com/capital/platforms https://stripe.com/capital/platforms
> Loans are issued by Celtic Bank, a Utah-Chartered Industrial Bank Member FDIC. All loans subject to credit approval.
- bdonlan 4y agoThe issuing bank for loans isn't necessarily where the company keeps the majority of their assets.
- stu2b50 4y agoOP's claim was that Stripe Capital's loan underwriter was SVB, hence why they weren't extending loans to SVB affected customers. Stripe itself was, and probably still is, using Wells Fargo for US corporate accounting, per https://qr.ae/pvERsZ https://qr.ae/pvERsZ
- barake 4y agoStripe is still saying they are extending loans via Capital with no change to recent terms they've been offering. Confirmed with our account manager this afternoon, just in case.