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Tag: Etsy reserves

Etsy to Change Certain Practices Following Report by BBC

August 1, 2023 Ina Steiner
Etsy

Etsy issued a special statement on Tuesday outlining a number of changes to how it holds seller funds in reserve, a practice that helps it manage risk. The announcement came after a BBC article on Monday reported on how limited Read more

Marketplaces, NewsChirag Patel, Etsy, Etsy reserves1 Comment

Etsy Holds Seller Funds in Reserve, then Introduces Cash Advance Lending Service

August 1, 2023August 1, 2023 Ina Steiner
Etsy

Etsy has been coming under fire for its practice of holding sellers’ funds in reserve – the story blew up in the UK when the BBC wrote about the hardship sellers are facing as the result of the financial squeeze. Read more

Marketplaces, NewsEtsy, Etsy reserves, Plaid, working capital loans, YouLend


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