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About Loop
Industries
Data & Analytics
Financial Services
Company Size
11-50
Company Stage
Series B
Total Funding
$63.2M
Headquarters
San Francisco, California
Founded
2021
Overview
The company's main product simplifies payments in a complex industry, utilizing advanced technologies to streamline the process.
Simplify's Take
What believers are saying
- AI integration boosts Loop's invoice matching accuracy and fraud detection.
- Blockchain technology offers Loop enhanced transparency and security in payments.
- IoT growth allows Loop to provide real-time tracking and analytics services.
What critics are saying
- Increased competition may pressure Loop's market share and pricing.
- Regulatory changes in Saudi Arabia could impact Loop's operations.
- Cybersecurity threats pose risks to Loop's reputation and customer trust.
What makes Loop unique
- Loop's platform streamlines shipment document capture and invoice matching efficiently.
- Partnerships with major players like J.P. Morgan enhance Loop's market credibility.
- Loop's expansion into Saudi Arabia showcases its global reach and adaptability.
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Funding
Total Funding
$63.2M
Above
Industry Average
Funded Over
3 Rounds
Founders FundIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Professional Development Budget
Physical and Mental fitness subsidies
Commuter Benefits
Company News
J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the companies said in a news release provided to PYMNTS, thus fostering stronger relationships between shippers and carriers. The release cites data from the American Trucking Association showing that trucking revenues account for more than $940 billion, or 80%, of the U.S. freight bill
The Loop restaurant announced April 25 it is open in the World Golf Village area of St. Augustine.
Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, has today announced a partnership with Loop, a major e-Money institution (EMI), to power its Fintech-as-a-Service offering in the Kingdom of Saudi Arabia (KSA).
Loop raises $6M to help restaurants manage 3rd-party delivery.
Mastercard Incorporated (MA Quick QuoteMA - Free Report) recently collaborated with the Saudi Arabia-based digital payments technology company, Loop, in a bid to introduce a set of credit card offerings and payment solutions across the Kingdom.
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About Loop
Industries
Data & Analytics
Financial Services
Company Size
11-50
Company Stage
Series B
Total Funding
$63.2M
Headquarters
San Francisco, California
Founded
2021
Loop is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today