Your business is global and your bank should be too. Loop helps you manage all of your business finances across the world.
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Joined August 2020
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Loop retweeted
As Canada waits for open banking, Toronto-based @bankwithloop says its new direct API connectivity gives business clients more control over their data sharing.
betakit.com/loop-aims-to-mak…
It's almost year end - if you're a Canadian business, you're probably going to be shocked by the amount of fees you pay to just "bank". That means fees to get paid by Stripe, Shopify, access your bank accounts, transactions, exchange currency etc. There is a better way.
If you're based in Canada, you can get no fee access to American banking - allowing you to just bill your US clients without the need for Stripe as an intermediary. That can add up to 6% back to your bottom line.
We're very proud to be counted as part of the top fintechs in the world according to @CNBC
cnbc.com/2023/08/02/cnbcs-to…
Your bank should be a partner to your go-to-market strategy. Should help you unlock new revenue streams - profitably and help you scale in new markets. See how Tab Commerce (🇨🇦 Toronto based start-up) did all that with Loop 👇
bankonloop.com/case-studies/…
Canadian #amazonfba sellers deserve a banking relationship that prioritizes their growth. With Loop, access no-FX credit cards (with limits up to $1M), get faster and no-fee payouts with global bank accounts (for free) and more. Get started at bankonloop.com/amazon-seller…
🇨🇦 🇺🇸 No more cheques. No more branch visit. No more waiting 3 weeks just to get paid. Finally, Canadian e-commerce stores, startups, agencies, freelancers and more can get paid faster without losing any of their revenue to banking fees.
Compared to your bank, global banking with Loop is just a no-brainer. Get lower foreign exchange fees, no fee accounts and lower processing fees compared to traditional providers. Visit bankonloop.com/pricing for more!
Send email invoices to your clients and collect payments via ACH/EFT in USD or CAD. Without the 3% card processing fees. Visit bankonloop.com/billing for more!
Connect localized bank accounts to your sales channels like Shopify and Amazon to get paid faster, save on foreign exchange conversion fees and more. Visit bankonloop.com/global-bankin… for more.
Open a US-domiciled business bank account for free with Loop and get access to the local ACH network. Also available for the EU and UK. Visit bankonloop.com/global-bankin… for more!
🚀 The second most important rebrand of the week is....ours! Check out our new site at bankonloop.com
Let us know what you think in the comments 👇
Things are changing in Canada! Looking for 🇨🇦 banking that saves time, money and helps you access new markets? Join Loop! We’re growing and we’re ready to demo to every entrepreneur across Canada!
We heard that 🇨🇦businesses are looking for innovative alternatives to status quo banking. Check us out - Loop does credit, banking, global payments, FX and more. Reply if you want a demo - we can set it up. P.s - we’re based in Toronto
🇨🇦 Request payments from businesses in USD with Loop Billing. Eliminate cheques, eliminate credit card processing fees and eliminate late payments. It's like Venmo but for 🇨🇦 businesses. Read more: getloop.ca/blog/loop-billing
Loop retweeted
Canadian startups lose $40k / yr when doing business in the US - on just banking fees 🤯
Here’s how you can immediately fix this:
1. Get a corporate credit card that lets you avoid FX on USD spend
2. Only convert funds with providers that offer “corporate-grade” FX rates
3. Get a local US bank account so you can send/receive payments locally
Excited to announce our latest feature release at @bankwithloop - Configurable Approval Workflows! 💸 ✅
You can now make faster and more secure payments with approval rules for all of your business payments
Loop retweeted
The @bankwithloop team has rolled out a new process so Canadian businesses who need a US bank account can get one opened TODAY. We can provide unique account number and routing numbers you can start using right away to send and receive funds in the US
Loop retweeted
If you’re a founder in Canada that was banking with SVB in the US and you need a new bank account for your US operations, @bankwithloop offers FDIC insured US business bank accounts that can be set up as soon as today!
Reach out to me in my DMs if we can help.
We now do so much more than just credit cards so we’ve changed our Twitter handle to reflect that! You can now find us at @bankwithloop and at bankwithloop.com