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Businesses bank on Loop to save time and money with global credit cards, accounts and more11-50 Employees
  • B2B
  • Early Stage
    Startup in initial stages
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Businesses bank on Loop to save time and money with global credit cards, accounts and more
The default operating state for businesses is shifting to one that is online and global, yet the banking systems that are used today are not. The process of setting up credit cards and bank accounts to send or receive payments in a foreign market is incredibly difficult for businesses that are expanding internationally. As a result, businesses end up using several different financial platforms to solve these problems, none of which are purpose built and many of which are built on legacy financial infrastructure.
Loop is a cross-border banking platform for businesses who need banking services in Canada, the United States and around the world. Loop offers a number of products in one easy to use experience, eliminating the need to use multiple services or incur unnecessary FX costs, which saves entrepreneurs time and money. Products Loop offers are built specifically for Canadian businesses and include multi-currency corporate cards with the longest grace period of any corporate card, no-fee global payments, capital and no-fee US accounts with local banking details.
We are a team of passionate, driven and focused owners that are pioneering the next generation of banking.
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Cato Pastoll
Avatar for Cato Pastoll
Co-Founder & CEO at Loop
Valuation

$0

Funded over

1 round

Latest round

Seed (May 2024)

Monday catering

Doggos are welcome!

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