Loop Financial

Financial Services • Toronto, Ontario, Canada • 21-50 Employees

Company overview

Headquarters	410 Adelaide St W, 5th Floor, Toronto, Ontario M5V1S8, CA
Website	bankonloop.com
NAICS	52
SIC	621
Keywords	Financing, Online Retail, Ecommerce, Funding, Credit, Inventory, Ecommerce Stores
Founded	2020
Employees	21-50
Socials

Key Contact at Loop Financial

Sebastian Nordstrom

Director, Revenue Strategy & Operations

Loop Financial Email Formats

Loop Financial uses 2 email formats. The most common is {first name} (e.g., john@bankonloop.com), used 96% of the time.

Format	Example	Percentage
{first name}	john@bankonloop.com	96%
{first initial}	j@bankonloop.com	4%

About Loop Financial

Loop is a cross-border banking platform for Canadian-based businesses operating across Canada, the United States and around the world. Loop's consolidated multi-currency banking platform helps businesses save time and eliminate FX losses. Loop offers tailor made products including CAD/USD corporate cards, interest-free spending, corporate level purchasing power, no-fee global payments, accessible growth capital and real US dollar accounts to help online businesses grow. The Loop US Dollar Business Accounts are provided and issued by Lincoln Savings Bank, Member FDIC. FDIC insurance covers the failure of an FDIC insured Bank.

Loop Financial revenue & valuation

Annual revenue	$3,079,980
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues	$9,900,000
Total funding	$9,400,000

Employees by Management Level

Total employees: 21-50

Seniority

Employees

Entry

Head

Manager

Employees by Department

Loop Financial has 25 employees across 10 departments.

Departments

Number of employees

Funding Data

Explore Loop Financial's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount
2022-02-01	3	N/A
2024-10-17	3	$4,700,000
2024-10-17	3	$4,700,000

Funding Insights

$9,400,000

Total funding amount

$4,700,000

Most recent funding amount

Number of funding rounds

Loop Financial Tech Stack

Discover the technologies and tools that power Loop Financial's digital infrastructure, from frameworks to analytics platforms.

Hotjar

Analytics

Cloudflare

CDN

jQuery

JavaScript libraries

HTTP/3

Miscellaneous

Calendly

Appointment scheduling

HSTS

Security

Webflow

Page builders

Google Analytics

Analytics

Bootstrap

UI frameworks

Linkedin Insight Tag

Analytics

Leadfeeder

Analytics

Adobe Fonts

Font scripts

Frequently asked questions

Loop Financial is located in Toronto, Ontario, CA.

Loop Financial was founded in 2020, making it 6 years old. The company has established itself as a significant player in its industry over this time.

Loop Financial has approximately 21-50 employees. The company continues to grow its workforce to support its business operations and expansion.

Loop Financial has raised a total of $9,400,000 across 3 funding rounds. This investment has helped the company grow and expand its operations.

Key Contact at Loop Financial

Sebastian Nordstrom

Director, Revenue Strategy & Operations

4.8

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