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Stripe will offer banking-as-a-service in a deal with Goldman Sachs, Citigroup
by
Channing Allen
https://stripe.com/treasury
It’s amazing how much power Stripe has among developers. We’re going to see 100 new banking alternative side projects next month 😂
👉 Here's the take from Ben Thompson of Stratechery.
👉 Here's the take from The Wall Street Journal.
It’s tough to understand what it actually is. Does it mean that you can do all of these things without a bank license (like what stripe connect does for marketplaces)?
Thoughts about building financial apps with this tech VS blockchain tech?
Well, it depends on where you want to put your customers' money and how/where they spend it.