Is it possible to create a Storenvy like website with wordpress?

If you’re not familiar with the site:

It’s a platform that allows users to set up online shops and sell their products through it.
Users would link their shop accounts with a stripe or paypal account in order to receive money. They would also be able to add categories and products from the frontend.

I’m already familiar with custom fields and custom post types and wordpress theming.

Is that something doable with wordpress or would you suggest I use a standalone php framework like Laravel?

You can use multi vendor plugins or alternatively there are digital marketplace type themes on Themeforest but bear in mind that is you are charging people to use the site / set up a store e.g. commission on sales, subscriptions for users to set up their own store etc. then you will need an extended license

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