Stripe Treasury combines banking and payments functions so businesses can receive, store, send, and spend funds. Available through API and web, it gives businesses access to settled Stripe payment balances, which Stripe says can be accessed instantly after opening an account. Treasury supports USD, OUSD, GBP, and EUR balances, with instant currency conversion starting at 0.5% of the converted amount; payout and FX fees may also apply. Payouts can reach 160+ countries through traditional and stablecoin networks. Virtual and physical debit cards include spending limits, reporting, real-time authorization controls, and 2% cashback, subject to transaction exclusions. Xero and QuickBooks integrations, balance and transaction reporting, and automated reconciliation support accounting tasks. Stripe also describes agent workflows through its Model Context Protocol, including paying invoices, moving money, converting currencies, and issuing cards. Treasury has no monthly fees, storage fees, minimum balance requirements, or ACH funding fee; wire funding is $2.00 per wire. Stripe is a financial technology company, not a bank; checking accounts are provided exclusively by Fifth Third Bank, National Association. Eligible USD funds held there may be insured up to $250,000 per depositor, per institution, subject to conditions.
Who it is for
Stripe describes Treasury as a fit for startups and growing businesses seeking to simplify financial operations. Its platform offering also provides embedded accounts for platforms such as Shopify, Instacart, and Arc.
What is good
- Supports USD, OUSD, GBP, and EUR balances.
- Payouts reach 160+ countries through traditional and stablecoin networks.
- Includes virtual and physical debit cards.
- Integrates with Xero and QuickBooks.
- No monthly or storage fees or minimum balance requirement.
What to know first
- Wire funding costs $2.00 per wire.
- Currency conversion starts at 0.5%; payout and FX fees may apply.
- Cashback excludes several transaction categories.
- Checking accounts are provided by Fifth Third Bank, not Stripe.
Verdict
Treasury brings accounts, payments, cards, and accounting features together for businesses using Stripe. Consider its conversion, payout, and wire fees, and note that checking accounts come from Fifth Third Bank.
Stripe Treasury plans and pricing
All plansCompared on banking-as-a-service platforms
- Card issuing
- Yes
- Embedded accounts
- Yes
- Payment rails
- ach
- KYC/AML tools
- Yes
- Ledger
- Yes
- Supported regions
- United States, Puerto Rico, United Kingdom, Gibraltar
