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
Loop Financial is the older company (2020 vs 2022); Privat is the larger of the two.
Side-by-Side Comparison
| Metric | Loop Financial | Privat |
|---|---|---|
| Founded | ||
| Founded | 2020 older | 2022 |
| Headquarters | ||
| Headquarters | Toronto, Canada | Dover, United States |
| Employees | ||
| Employees | 27 | 11380 larger |
| Industry | ||
| Industry | Finance, Financial Services, Payments | Financial Services, Mobile, Banking |
| Funding Stage | ||
| Funding Stage | Seed | Not tracked yet |
| Total Funding | ||
| Total Funding | Not tracked yet | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 1 | Not tracked yet |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | 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 | Banking, Credit Cards, Debit Cards, Personal Finance, Digital Banking, Mobile Banking, Privacy, Fraud Detection, Financial Insights, Transactions, Data Encryption |
| Website | ||
| Website | bankonloop.com | privat.com |
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...
About Privat
Privat Technologies Inc. is a fintech company providing accessible US account services and credit and debit card facilities, prioritizing user convenience and security. Founded in 2016, the company focuses on empowering individuals and businesses with efficient banking solutions. Their Visa-branded...
We will tell you when either one moves
BounceWatch watches Loop Financial and Privat for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Loop Financial and Privat — by email.
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Compiled from the BounceWatch company index. We last looked at Loop Financial on 10 Mar 2025, and Privat on 13 Sep 2024. 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.