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SHOW HN: Stripe STOLE OUR $159k https://ift.tt/MWgoYBS

SHOW HN: Stripe STOLE OUR $159k We built a marketplace called bringshopper.com where we bring shoppers to newly started businesses. We had a call with their sales team and as they suggested we used Stripe Standard Connect and direct charges. When we bring shoppers successfully we charged higher application fees to cover our costs and there was no upfront costs We even built feature to cover negative balances of connected accounts by cutting their ad budget And one day Stripe blocked our account, and disabled all our connected accounts and said they WILL NOT RELEASE OUR FUNDS AND WILL USE TO REFUND ALL CUSTOMERS. Now there are multiple things: 1) They didn't refund anyone as we are a platform account we have no charges under us to refund 2) They didn't release funds either They TOOK OUR FUNDS, $159k to be exact They can't refund customers of all connected accounts and use our funds as they advertise in stripe.com/connect/pricing that Stripe Standard Connect is not responsible for losses, disputes, refunds of connected accounts There is no charges to be refunded or disputed and they simply took our funds How is this even legal? Anyone had similar experience or anyone can help? Our company is struggling here due to this March 17, 2022 at 05:28AM

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