Problem
Global business has evolved — but banking hasn’t kept up. Canadian companies operate across borders, yet their banking systems remain local, disconnected, and outdated. As a result, businesses face slow payments, high FX fees, and limited access to the global financial infrastructure they need to compete internationally.
Solution
Loop Financial makes global banking simple, fast, and accessible for Canadian businesses.Through one integrated multi-currency platform, Loop provides real bank accounts in CAD, USD, GBP, and EUR, corporate credit with global spending power, and no-fee international payments—all designed to eliminate FX friction and connect companies to the world’s financial system from day one.
Features Include:
- Corporate cards with multi-currency spending and no FX fees
- Global accounts with real local banking details in CAD, USD, GBP, and EUR
- CDIC and FDIC protection for secure deposits
- Fast, low-cost global payments to over 130 countries
- Competitive foreign exchange rates that eliminate hidden fees
Traction
$2B transacted on our platform 3000+ businesses trust Loop $40k/year saved for some customers Customers save 12 hours per week on average Named one of BetaKit’s Most Ambitious Companies in 2025
Business Model
- Transaction revenue
- Subscription revenue