Case Study: Shopify boosts merchant financial management with Stripe

Shopify builds Shopify Balance with Stripe to give small businesses an easier way to manage money

Shopify needed a better way to support independent merchants who were mixing personal and business finances, making it hard to understand the true health of their businesses. Working with Stripe, Shopify set out to launch Shopify Balance, a money management product designed to give merchants a simple, transparent financial tool built for commerce businesses.

Stripe helped Shopify build Shopify Balance using Stripe Treasury and Stripe Issuing, enabling merchants to manage funds, issue virtual and physical cards, and access money quickly without hidden fees. The launch was an instant success: more than 100,000 U.S. small businesses opened Shopify Balance accounts in the first four months, showing the scale and speed enabled by Stripe.

Shopify

Kaz Nejatian

Vice President, Merchant Services