See other companies on Welcome to the Jungle
Loop
Cross-border business banking platform
- 21-100 employees
- B2B
- Banking
- Payments
- SaaS
- Fashion District, Toronto, ON
Jump to section
Company mission
To help businesses seamlessly manage money around the world so they can access more markets, save money and simplify their operations.
Our take
For businesses that operate across the globe, it can be time-consuming and costly to manage payments in different currencies. Loop solves this problem for Canadian companies doing business in the US and beyond, with a platform for cross-border business banking.
The company delivers products such as CAD/USD corporate cards, interest-free spending, corporate-level purchasing power and no-fee global payments. This combined approach allows Loop to act as a one-stop-shop for online businesses that want to grow faster without the fuss.
Loop has raised considerable funding that will support its growth and allow it to serve more businesses in the future. With this backing, the company can take another step towards its ultimate goal of facilitating "global-by-default" financial services.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Equity
- 3 weeks vacation
- Enrollment in group's health benefits after probation period
Funding (1 round)
Sep 2024
$4.6m
SEED
Total funding: $4.6m
Leadership
Cato Pastoll
(Founder & CEO)Also Co-Founder and CEO at Lending Loop. Previously an Executive Vice President and General Manager at Shift CRM.