Moneyness: Starbucks, monetary superpower

It pays to be working in financial services! In this post JP Koning compiles a series of tweets that go through one of Starbucks’ most valuable assets: it’s loyalty program. Starbucks reports over $1.6bn in outstanding liabilities against stored value cards - aka money that is sitting in Starbucks digital wallets and gift cards that customers have essentially lent to the coffee giant for free.


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