Glossary
Stripe Connect
The Stripe product that powers marketplace-style payouts to third parties — used by cyrqle to pay creators across all four compensation models.
Also known as: Connect
Stripe Connect is the Stripe product purpose-built for marketplaces and platforms that need to pay third parties. cyrqle uses Connect (Express + Custom accounts) to settle creator payouts across all four compensation models.
Why it matters
- Same-day payouts — Connect enables payout the moment a campaign clears.
- Multi-currency — settlement in EUR, USD, MXN, BRL, and more.
- Compliance — tax forms (1099 in the US, AEAT 347 in Spain) handled at year-end.
- No funds-held risk — funds settle directly into creator accounts; cyrqle is a platform on top of Stripe, not a custodian.
What this replaces
For brands, it replaces a quarterly CSV reconciliation job that used to live in finance and got run by a junior who hated it. For creators, it replaces 30–60 day payment terms that made participation feel like working for free.