Company overview
HQ · Ottawa
Merchant cash advanceTerm loanRevenue based
Shopify Inc. is a Canadian multinational commerce platform that enables merchants to create and manage online and in‑person stores. Through its Shopify Capital program, the company offers embedded financing such as merchant cash advances and revenue‑based loans, with repayments taken as a percentage of daily sales. U.S. loans are issued by WebBank and the program is available in several key markets.
Company focus
- Headquarters
- Ottawa
- Founded
- 2006
- Employees
- 500+
- Excluded industries
- cannabis, drug paraphernalia
- Specialties
- embedded financing, offer‑only capital, rapid underwriting decisions, fast funding (1‑3 business days), revenue‑linked repayment, international loan and MCA products
Funding & terms
- Funding from
- $200
- Funding up to
- $2,000,000
Third-party reputation
- Reported research
- BBB: not accredited, many unresolved complaints; Trustpilot: low score (~1.5/5) with ~5K reviews indicating poor customer sentiment; industry news shows large loan origination volume, suggesting high market presence but mixed reputation.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.