Announcing Our New Funding Round to Accelerate Loop’s Mission to Build a Global-First Finance Platform

I’m excited to share a major milestone in our journey at Loop. Loop has successfully raised a new funding round - the second round since we launched in 2022. This funding will help us continue to execute on our mission: to help businesses reduce the cost and friction of managing finances as they expand across borders.

At Loop, we know how challenging it can be for businesses to operate in different countries. Historically, the tools needed to manage cross-border payments, currency exchange, and treasury management have only been hard to access and mostly only made available to large enterprises. These businesses have long had access to sophisticated financial solutions, while small and mid-sized companies are often left struggling with high fees, slow payment processes, and barriers to access.

Loop’s objective is to remove these barriers. We believe that every business, regardless of size, should have access to the same financial tools and services that large corporations have used to successfully grow internationally. This latest round of funding will help us move even faster toward delivering that goal.

What This Means for Businesses

With this funding, we’ll be able to make further investments in our platform to make it easier and more affordable for founders and finance teams to manage international finances for their companies. Small and medium-sized businesses have been underserved by traditional banks; Loop’s goal is to level the playing field, providing all businesses access to the tools they need to thrive in a global marketplace.

Our platform was designed to help businesses streamline their financial workflows—eliminating costly fees, reducing payment delays, and simplifying the complexity of managing multiple currencies. By using Loop, businesses can focus on what truly matters: growing their operations and entering new markets, without the financial headaches that typically come with managing global finances.

Fueling Our Vision for the Future

We’re proud to have the continued support of investors like Mistral Ventures, Luge Capital, Graphite Ventures, Wedbush Ventures, Conconi Growth Partners and others. Their backing not only provides us with the resources we need to build the first global-by-default financial solution for businesses, but it also validates our belief that a global economy needs a global banking solution.

As we move forward, we’ll continue to focus on delivering the tools businesses need to succeed internationally—without the barriers that have traditionally held them back. We’re here to help businesses reduce costs, streamline financial processes, and ultimately grow faster on the global stage.

Thank you to everyone who has been a part of our journey so far. We’re just getting started, and I couldn’t be more excited for what’s ahead. Together, we’re making it easier for businesses to manage their money around the world—and we’re empowering them to achieve their full potential.

To learn more about how Loop can help your business grow globally, visit bankonloop.com.

Cato Pastoll
Co-Founder & CEO, Loop

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