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Loop Financial logo — Businesses across Canada bank on Loop to save time and money...

Loop Financial

Businesses across Canada bank on Loop to save time and money with global credit cards, accounts and more.

Founded 2020 Canada Toronto, Canada 27 employees Seed Finance, Financial Services +1

General Information

Company Name Loop Financial
Founded Year 2020
Location Canada Toronto, Canada
Employees 27
Industries Finance, Financial Services, Payments
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with Loop Financial. To contact Loop Financial, visit bankonloop.com.

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About Loop Financial

Loop Financial is a cross-border banking platform providing financial services to Canadian-based businesses operating across Canada, the United States, and globally. The company's offerings include global credit cards, multi-currency accounts, and other tailored products aimed at saving businesses time and money while eliminating foreign exchange losses. Founded in 2020 and headquartered in Canada, Loop Financial recently secured a Seed Round investment on 01 January 2022, with participation from notable investors including Rogue Insight Capital, Archangel Network of Funds, and Aurum Holdings. Loop's US Dollar Business Accounts, provided by Lewis & Clark Bank and Member FDIC, offer potential eligibility for up to $250,000 of FDIC insurance for funds deposited. The FDIC insurance coverage protects against the failure of a FDIC-insured depository institution, bolstering the company's credibility and risk management. With a focus on the finance, financial services, and payments industries, Loop Financial aims to empower businesses with tailored financial solutions, interest-free spending, corporate-level purchasing power, no-fee global payments, and accessible growth capital to drive their expansion and success.

Business keywords: Cross-border banking, Multi-currency banking platform, Corporate cards, Global payments, Online business growth, Financial services, Partner program, Pre-funded cards, Purchase order financing, Credit solutions, Inventory management, Business funding, FDIC insurance, Accounting services

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 3
Rogue Insight Capital Archangel Network of Funds Aurum Holdings
Rogue Insight Capital, Archangel Network of Funds +1
01 Jan 2022

Loop Financial Alternatives & Competitors

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Loop Financial vs
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Loop Financial vs
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FAQ About Loop Financial

Businesses across Canada bank on Loop to save time and money with global credit cards, accounts and more.
Loop Financial was founded in 2020.
Loop Financial is headquartered in Toronto, Canada.
Loop Financial operates in Finance, Financial Services and Payments. Its work centres on Cross-border banking, Multi-currency banking platform, Corporate cards and Global payments.
Loop Financial has approximately 27 employees.
Loop Financial has completed 1 funding round. The latest funding stage is Seed.
Top alternatives and competitors to Loop Financial include Float, Rêv Worldwide, Breinrock, WeWire, OPAL. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Loop Financial and Float are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Loop Financial, https://bouncewatch.com/company/loop-financial, updated 10 March 2025. When citing, please name BounceWatch and link this page.

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