The online payment giant and owner of Cash App Stripe is entering a new world of financial services for service providers.
In the exclusive Wall Street Journal on Thursday, Stripe wants to offer customers bank accounts and debit cards. But for now, these financial products will only be available to suppliers and sellers.
The new initiative will also include partnerships with banking giants Goldman Sachs and Citi, which are part of a wider pressure on both sides to offer business services online and new technologies.
In 2015, Stripe was one of the first payment platforms to have built-in Bitcoin (BTC) features, but it fell behind three years later.
Stripe made headlines last year with a $ 35 billion valuation after a round of financing.