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 time and money while eliminating foreign exchange losses. Founded in 2020 and headquartered in Canada, Loop Financial recently secured a Seed Round investment on 01 January 2022, with participation from notable investors including Rogue Insight Capital, Archangel Network of Funds, and Aurum Holdings. Loop's US Dollar Business Accounts, provided by Lewis & Clark Bank and Member FDIC, offer potential eligibility for up to $250,000 of FDIC insurance for funds deposited. The FDIC insurance coverage protects against the failure of a FDIC-insured depository institution, bolstering the company's credibility and risk management. With a focus on the finance, financial services, and payments industries, Loop Financial aims to empower businesses with tailored financial solutions, interest-free spending, corporate-level purchasing power, no-fee global payments, and accessible growth capital to drive their expansion and success.