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
SendSpend
SendSpend is a UK-based Neo-Bank and FCA-regulated Electronic Money Institution (FRN: 932841)
6 employees · est. 2016 · London, United Kingdom
SendSpend is the older company (2020 vs 2016); Loop Financial is the larger of the two.
Side-by-Side Comparison
| Metric | Loop Financial | SendSpend |
|---|---|---|
| Founded | ||
| Founded | 2020 | 2016 older |
| Headquarters | ||
| Headquarters | Toronto, Canada | London, United Kingdom |
| Employees | ||
| Employees | 27 larger | 6 |
| Industry | ||
| Industry | Finance, Financial Services, Payments | Not tracked yet |
| Funding Stage | ||
| Funding Stage | Seed | Seed |
| Total Funding | ||
| Total Funding | Not tracked yet | $1.28M |
| Funding Rounds | ||
| Funding Rounds | 1 | 5 |
| Services | ||
| Services | Not tracked yet | Business Bank Accounts, Cardless e-Wallets, Real-Time Financial Services, International Remittance, Human ATM Services, API Integration |
| Target Customers | ||
| Target Customers | Not tracked yet | Merchants, Platforms, Fintechs, Sole Proprietors, Self-Employed Individuals, Corporate Agents, Online & Physical Merchants |
| 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 | Neo-Bank, Electronic Money Institution, Cardless Payments, Business Bank Accounts, E-Wallets, Alternative Payment Methods, Open Banking, Payment Gateway, Cross-Border Remittance, Crypto On/Off Ramps, Real-Time Payments, BACS, CHAPS, Faster Payments, SEPA & SEPA Instant, Financial Inclusion, Peer-to-Peer Payment System |
| Website | ||
| Website | bankonloop.com | sendspend.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 SendSpend
SendSpend, founded in 2016, is a UK-based Neo-Bank and an FCA-regulated Electronic Money Institution offering a diverse range of financial services. With a bold mission to innovate, the company is paving the way for the future of cashless transactions. Through its offerings such as business bank ac...
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