[nojvek]

The landing page doesn’t really explain what kinds of problems Treasury solves (may need some customer education since it’s so new)

IIUC this is useful for marketplaces like Lyft/Uber/Shopify to automatically provision bank accounts for drivers and have money deposited in there? The value add is faster payouts?

Can I use this as a replacement to plaid api? I.e open a bank account through stripe and use that as a way to do finance analytics? What are the banking fees?

Basically: which customer audience is this targeting ? and what headaches does it solve for that audience?

[tarstarr]

Here are some of the common use cases we’re seeing so far: * Bank account replacement for SMBs and sole props, integrated directly into the platform or marketplace they’re already using. For example, today a Shopify merchant earns their revenue on Shopify but then has to transfer funds out to manage overall cash flow elsewhere (e.g., pay bills). Shopify is building Balance [0] with the Treasury API so this user can manage all of this in one place with a single view of revenue and spend. Other benefits of course include faster payouts, rewards specific to the ecosystem, and adding product features enabled by read/write access to the money management data (e.g. you could roll your own invoice reconciliation or alerts, or give users a discount on your SaaS if they ran sufficient volume on your card).

* Open loop wallets, like offering a “spend” account within your product that a user can either use to buy in-product purchases, or use the card/ach/wire functionality to buy external goods. E.g. a car leasing platform for drivers adds Treasury, drivers can use the wallet for discounts on car leases, also use the card to spend on gas.

* Product operations, like having a platform-level Treasury balance you use for reserves, chargebacks, and as glue to make your product flow work. E.g. On demand services marketplace that “buys items customers need and delivers it to their door” can issue cards from a central Treasury balance to their drivers, so that they can use a physical card to buy the burrito for the customer at the restaurant.

...but part of the point with Treasury is that we don’t know every use case prior, just like we didn’t know every way developers would use Stripe Connect (developers are pretty creative!). Our goal was to build for specific use cases, of course, but also build composable enough primitives that people could recombine them in ways we didn’t imagine. We wanted to make a tool that helped unlock developer creativity, because flexible tools were so lacking in the existing fintech infrastructure space.

[ReallyFantastic]

On the third example about a food delivery service issuing cards for couriers: isn't this what Marqeta already does for Doordash? Is Stripe doing anything differently with Treasury?

[anon589]

keyword is Treasury eg handling all the payment operations tasks that an in-house corporate treasury team that’s responsible for moving money in and out of the company’s bank accounts might complete

[dreamer7]

weavr.io seems to be an alternative . They may have more resources on the problems it solves