Stripe: Platform of Platforms

Stripe’s announcement of Treasury — banking-as-a-service — manifests the breadth of the company’s ambition.

That is an API call creating a bank account at Goldman Sachs for a pilot on the Rocket Rides platform. Notably, Goldman Sachs is not the only big bank on board;

—-

Stripe and Shopify
It is Stripe’s partnership with Shopify, though, that is particularly compelling, and emblematic of both how powerful Treasury can be, and how extensive Stripe’s platform ambitions are. Again from the press release...