Is Shopify Capital a scam?

I was approved shopify capital over a month ago. They have been withdrawing money from my bank account $5000 so far however I have never received the funding, support have been running me around in circles, WTF is going on??? Is this normal?

Hi @Krishnan_Borthw

I definitely want to make sure you are getting the support you need for this matter. Generally speaking, you should definitely have received your approved funds in your account before the payments are being deducted.

For full transparency, our community support team does not have direct access to merchant accounts or their tickets. We can flag tickets for a review though and ensure they are with the right team and receiving the right support. If you have an escalated ticket number or ticket with our capital support team, please go ahead and share that with me here.

Yeah this is still dragging on, it’s nuts

TICKET NUMBER

49504370

Hi @Krishnan_Borthw ,

Thank you for your patience. Your ticket has been flagged for review and someone should be in contact with you shortly with an update if they have not done so already.

This remains are terrible situation, support just keep on being /thanksforyourpatience/weunderstand/thisisescaleted/etcdroneonaboutanythingbuttheproblem/

Shopify just keeps draining my bank account $7000+ so far

No funding ever received.

No phone numbers to call

The opacity is astounding

Tickets about this so far:

49703636

49504370
49476156
49375979
49216336
49035749
48903514
48891986