Loop Financial

?? Why are international wires slow and expensive? Most businesses just accept it—but they shouldn’t. Our latest blog breaks down how wires actually work and explores alternative ways to move money globally without the headaches ?? Link in comments. Read here ?? #internationalpayments #crossborderbanking #globalbusiness #fintech

With tariffs now officially here, Canadian SMBs are bracing for added complexity in cross-border trade. Navigating these economic challenges won’t be easy, but the right financial tools can help businesses stay resilient and continue to grow. Loop customer, Santevia Water Systems Inc, recently shared their insights in?The Vancouver Sun?about how tariffs are impacting the B.C. small business — highlighting the very real challenges of doing business across borders in today's economic climate. At Loop, we're proud to work with businesses like Santevia to provide modern financial solutions that empowers companies to expand into new markets, accelerate growth, and operate with confidence — no matter what economic shifts come their way. To read more, see the link in the comments.

Check out the latest episode of The Founder University podcast, hosted by Daniel Seligman featuring none other than our very own Cato Pastoll, CEO here at Loop ??. We are also shocked at the amount of roadblocks that founders and business owners have to face for their day to day banking needs. This is why we're building Loop - we're on a mission to help businesses seamlessly manage money around the world so they can access more markets, save money and simplify their operations! ?? If you haven't yet, be sure to check us out at https://lnkd.in/g6MHpJK4

?? Is your business losing money on credit card fees? Most businesses don’t realize how much they’re losing with every international transaction. It's most likely more than you think! ?? Want to understand why it’s happening, how to track it, and most importantly — how to fix it? Ready to stop overpaying? Learn how in our latest article on credit card FX fees ?? See link in comments.

“There has to be some level of a competitiveness mandate — if we really want to create change and see a stronger ecosystem that has to happen.” Our CEO and co-founder, Cato Pastoll joined Abraham A. Tachjian and Eyal Sivan on this afternoon’s panel at the Unleashing Innovation: Fintech Forward event hosted at Toronto Region Board of Trade. The panel covered how Canada can harness open banking for growth. Particularly right now, in the middle of trade uncertainty, there has never been a more important time to harness and execute on key policies, like open banking, to better support Canada’s economic backbone—our small businesses. Thanks for having us Toronto Region Board of Trade.

What is Canada's Best Response to Tariffs? While the instinct to retaliate is strong, history and economic data show that counter-tariffs often hurt Canadian businesses and consumers more than they help. Instead of escalating tensions, Canada should take a smarter approach: ? Diversify trade – Reduce dependence on the U.S., which accounted for 63.4% of our trade in 2022. Expanding partnerships with the UK and Europe can make Canada more resilient. ? Find common ground – Let's get our smartest people working on pragmatic diplomacy. We need the U.S. to know we're addressing their concerns and that we have a common goal of minimize economic fallout for both sides. An eye for an eye leaves everyone blind. ? Invest in growth – Strengthen our economy by investing in industries where we have a competitive advantage such as energy, life sciences, technology and fintech so we provide short term relief while also investing in areas that can drive growth for our economy in the long-run. Rather than engaging in a trade war that could damage our economy, we should stay focused on economic resilience, strategic diplomacy, and trade diversification. Canada needs to take a proactive rather than reactive stance—our business and economy needs to be able to stand on it's feet regardless of the trade pressures come our way. As Benjamin Bergen of the Council of Canadian Innovators | Conseil canadien des innovateurs (CCI) said: "Now is the time to double-down on Canada."

Navigating cross-border supply chain hurdles is now essential for Canada’s construction sector ??? Cato Pastoll shares his thoughts on how industry leaders can tackle rising costs, logistics challenges, and more in this op-ed. Discover tips on how to diversify suppliers and manage FX fluctuations to de-risk your business. See the full article in the comments below! #SupplyChain #Construction #Canada #CrossBorderTrade

?? Most Canadian businesses are overpaying on Stripe fees. Here’s how to fix it. If your business processes payments in USD but receives payouts in CAD, you’re losing money to Stripe’s automatic currency conversion fees—sometimes without even realizing it. ?? The good news: There’s a simple way to bypass these fees and keep more of your revenue. In our latest post, we break down: ? How Stripe’s conversion fees impact Canadian businesses ? The step-by-step fix to reduce or eliminate these fees ? A smarter way to manage cross-border payments Check out the full guide in the comments! #Fintech #Payments #CanadianBusiness #Stripe #CrossBorderBanking

Tariffs on Canadian businesses could could have a big impact on SMBs across the Country ?????? Our CEO joined BNN Bloomberg to discuss why this isn’t just a political headline, but a real threat to the small businesses that drive our economy ?? Watch the conversation and learn why urgent action is needed to protect Canadian entrepreneurs, and how Loop is helping SMBs to expand to other global markets outside the U.S. ??

What a way to start the New Year! ?? ?? We are thrilled to share that we've been recognized as one of the "10 Canadian Fintech Startups to Watch in 2025" by Fintech.ca ?? Shoutout to our amazing team, customers, and partners for being part of this exciting journey. We’re just getting started, and we’re looking forward to making even greater strides in the fintech space this year, so be sure to follow us for exciting updates. ? Honoured to be part of this list alongside innovative startups shaping the future of fintech in Canada ???? .