Stripe to Offer Citi, Goldman Accounts Through E-Commerce Giants
- Online stores to have access to checking accounts, services
- ‘Business banking has largely been left behind,’ Stripe says
Source: Stripe Inc.
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Stripe Inc. will team up with some of the world’s largest banks to offer checking accounts to businesses that sell their wares on e-commerce platforms such as Shopify Inc.
Stripe said banks including Citigroup Inc., Goldman Sachs Group Inc. and Barclays Plc will now be able to offer checking accounts and other financial services through e-commerce providers. If a coffee shop, for instance, uses Shopify to sell mugs and coffee beans online, it will now be able to open a bank account too.