Yeah same thing happened with Rippling- they had to push through some changes so they could handle payroll through another company, but ultimately got it all out.

I remember Gusto having an issue a year or two ago, but since they already had code in place to use a backup they ended up making all payments on time.

Rippling used their corporate reserves to do so.

That might be true.

But they never explicitly said that, so I’m unconvinced that they’re not just buying time, and hoping that on Monday FDIC will release a pile of now-locked-up-funds that are an existential risk to Etsy.