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Shopify expands into credit cards as it pushes further into the fintech space

The new product marks Shopify’s first pay-in-full business credit card. It is powered by Stripe and issued by Celtic bank.

“We designed Credit with the reality of an entrepreneur in mind. We recognized that having smooth cash flow is important for business owners, and as a business matures, entrepreneurs may find themselves looking for a credit line to maximize their working capital for expected (and unexpected) expenses,” said Shopify President Harley Finkelstein.

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embedded finance, credit cards