Shopify Capital offers a merchant cash advance service, giving merchants a lump sum of capital for an agreed amount of future sales revenue. Launched in April 2016.
Last reported quarter 2022 Q3 it was $507.60 million, up by 29% year-over-year from $393.60 million. From $807.40 million in 2020 it increased by 72% to $1,388.90 million in 2021.
Source: Shopify Quarterly Results.