In 2024, theCut—already running its financial and payments infrastructure on Stripe—accepted a financing offer of up to $1 million through Stripe Capital to build out its go-to-market strategy.
Eighteen months later, theCut wanted to extend the same quick and easy funding access to its own customers. For barbers in college towns, for example, financing can provide a cushion during slower summer months. Others can use it to buy new equipment, renovate or expand their shops, or invest in new services for clients. In late 2025, theCut launched Capital for platforms, a no-code integration for platforms on Stripe Connect that gives eligible barbers access to loans and lines of credit.
Here’s a look at the impact:
- 48 hours: the time it took theCut to receive financing via Stripe Capital
- 3 minutes: the time it took theCut to enable Capital for barbers on its platform
- 167: the number of barbers who accepted financing offers in the first 24 hours after launch
- $700,000+: the total amount of financing accepted through Capital for platforms in those first 24 hours
- 30% revenue growth: reported by one barber who used Capital financing offered through theCut
- 20% acceptance rate: the response rate from theCut’s first financing promotion email
Since we launched Stripe Capital, it’s been gangbusters. We continue to hear the same three things from our barbers: it helped them grow their business. It helped them build more resiliency in their business, and it helped them expand their business.
