Float
Canada's complete business finance platform. Modern financial services + software to help you spend, save and grow.
171 employees · est. 2019 · Toronto, Canada
Loop Financial
Businesses across Canada bank on Loop to save time and money with global credit cards, accounts and more.
27 employees · est. 2020 · Toronto, Canada
Float is the older company (2019 vs 2020); Float is the larger of the two.
Side-by-Side Comparison
| Metric | Float | Loop Financial |
|---|---|---|
| Founded | ||
| Founded | 2019 older | 2020 |
| Headquarters | ||
| Headquarters | Toronto, Canada | Toronto, Canada |
| Employees | ||
| Employees | 171 larger | 27 |
| Industry | ||
| Industry | Finance, Financial Services, Fintech | Finance, Financial Services, Payments |
| Funding Stage | ||
| Funding Stage | Debt Financing | Seed |
| Total Funding | ||
| Total Funding | $93.00M | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 4 | 1 |
| Services | ||
| Services | Corporate Cards with High Limits, Expense and Spend Management, Automated Bill Pay, Real-time Reporting and Insights, Accounting Automation, High Yield Business Accounts | Not tracked yet |
| Target Customers | ||
| Target Customers | CFOs, CEOs, Controllers, Accountants, Fast-growing Canadian businesses, Finance teams in various industries | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Corporate Finance, Business Finance Platform, Corporate Cards, Expense Management, Financial Compliance, Bill Payment Solutions, Reimbursements, Foreign Exchange Solutions, Prepaid Cards, Banking Services, Financial Software, Deposit Insurance, Savings Solutions, Business Solutions | 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 |
| Website | ||
| Website | floatfinancial.com | bankonloop.com |
About Float
Float, founded in 2019, is a dynamic Canadian company carving its niche in the fintech sector with its slogan: "Canada's complete business finance platform. Modern financial services + software to help you spend, save and grow." It's not a bank but a financial technology enterprise, aiming to simpl...
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 t...
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Funding, hiring, leadership and stack changes at Float and Loop Financial — by email.
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Compiled from the BounceWatch company index. We last looked at Float on 28 Nov 2025, and Loop Financial on 10 Mar 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.