Loop

About Loop

Loop is a financial technology company focused on providing global banking solutions for Canadian businesses. It aims to unlock business growth by offering FX-free corporate cards, real global accounts, free international transfers, and tools to save time and money on financial operations.

Products & Services

Corporate Credit Cards:No-FX credit cards with rewards, saving up to 2.5% in fees.

Global Banking:Open CAD, USD, EUR, and GBP bank accounts for local transactions.

Send Payments:Eliminate 1-5% FX fees on international payments.

Bill Customers:Facilitate billing processes for customers.

Capital:Access up to $1M in credit to scale business operations.

FX (Foreign Exchange):Access competitive FX rates typically reserved for Fortune 500 companies.

Expense Management:Manage multiple currencies on a single platform.

Pay Contractors:Streamline payments to contractors globally.

Specialties

Global Banking Multi-Currency Accounts FX-Free Transactions Corporate Credit Cards International Payments

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Equity T: - FT: Equity	A: 4672000 MR: - FA: $6.4M CAD FAN: 4672000	D: 2024-09-17 FD: 2024-09-17	5 investors

Equity Latest

2024-09-17

$4.7M

5 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

D

Despina Diamantopoulos

Founder

K

Karan Thakur

Co-Founder

S

Samuel Araki

Founder and CEO

Recent News

Loop Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised