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by icelancer 1396 days ago
Update (can't edit the OP):

Edwin reached out to me but their team can't override their faulty algorithm apparently. Other banks/payment providers have no issue giving us 3-5x the limit Stripe slashed us to, but they can't. Root cause is the fact that Stripe fundamentally doesn't understand eCommerce / cyclical LOCs in their algorithms apparently as our business hasn't changed meaningfully regarding effective cash positions.

Fairly surprising Stripe doesn't understand how to evaluate financial positions correctly. Oh well.