Hacker News new | ask | show | jobs
by stu2b50 1192 days ago
I think they bank with Celtic Bank. I think this because it says on the Stripe Capital product page on the bottom: https://stripe.com/capital/platforms

> Loans are issued by Celtic Bank, a Utah-Chartered Industrial Bank Member FDIC. All loans subject to credit approval.
1 comments
bdonlan 1192 days ago
The issuing bank for loans isn't necessarily where the company keeps the majority of their assets.
link
stu2b50 1192 days ago
OP's claim was that Stripe Capital's loan underwriter was SVB, hence why they weren't extending loans to SVB affected customers.

Stripe itself was, and probably still is, using Wells Fargo for US corporate accounting, per https://qr.ae/pvERsZ

link
barake 1192 days ago
Stripe is still saying they are extending loans via Capital with no change to recent terms they've been offering. Confirmed with our account manager this afternoon, just in case.
link