A look back at 2023

We made a lot of progress on our mission in 2023. We're much closer in building a complete platform to help global businesses manage their finances. The reality is that any business starting today, is a global business. This is even more true for businesses in Canada, we're either importing or exporting to fuel our growth.

Loop is on a mission to making global business banking an opportunity for growth, not a barrier. That means more transparency, less fees, better support and and an all round better experience.

Going into 2023, we've shipped a lot. Payments are now faster, cards are more powerful and your accounts are safer.

Here's a glance at all the shiny new features we shipped.

Pay and get paid - with less fees.

• Get paid in CAD or USD with fees starting as low as 0.5% compared to 2.5% at other providers like Stripe. -> Learn more about Loop Billing.
• Set up unlimited approval flows for your payments.
• Get no fee bank accounts in the European Union and Great Britain
• Added even more currencies like PHP, TRY and AUD

Get powerful business spending with smarter expense management built for cross-border operations

• Set limits for your cards with auto-freeze rules
• Add a US address to your cards
• Reconcile seamlessly with SMS receipt capture
• Enable Auto-Pay to never miss a payment
• Redeem points across all US, Euro, GBP and CAD spend on your cards

Bank with confidence with a simpler, more transparent platform

• Upgrades to interface and online experience
• Expansion of our customer success team with quality support
• Secure your account with MFA
• Unlock even lower rates for currency exchange

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