Loop, a Toronto, Canada-based provider of a financial solution for businesses, raised CAD$6.4M in funding.
Backers included Mistral Venture Partners, Luge Capital, Graphite Ventures, Wedbush Ventures, Conconi Growth Partners and more.
The company, which has raised over $10m in total equity financing since launching in 2022, intends to use the funds to further bolster its growth and accelerate its mission to build a global financial services solution for businesses.
Led by CEO Cato Pastoll, Loop Financial offers a globally integrated finance platform that empowers small to mid-sized businesses to efficiently manage their international financial operations, including payments, foreign exchange, and treasury functions. Thousands of Canadian businesses use it to manage and streamline their global payments.
FinSMEs
17/09/2024