StageSeed - II | Alive
Last Raised$2.14M | 2 days ago
LoopingOne offers a solution for the ID verification (KYC) of buyers and sellers, organizes split payments and payouts to merchants and consumers, and allows for compliance with PSD2 and EMI regulations. It serves clients operating in the e-commerce sector. The company was founded in 2021 and is based in Amsterdam, Netherlands.
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Expert Collections containing LoopingOne
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
LoopingOne is included in 3 Expert Collections, including E-Commerce.
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Latest LoopingOne News
Jun 7, 2023
External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Dutch fintech LoopingOne raises €2 million in seed funding 11 minutes ago Source: LoopingOne LoopingOne, the pioneering fintech startup, is thrilled to announce that it has secured an impressive €2 million during a recent seed funding round. With the investment the company will accelerate the development of its groundbreaking agnostic KYC/B and multi-party payments product for marketplaces and online platforms. As the online volume for marketplaces is projected to reach an astonishing $9Tn per annum in the next few years, LoopingOne is expected to capture a significant share of this rapidly growing sector. The company's platform is specifically designed to provide streamlined onboarding (KYC and KYB) and payment solutions for B2B, B2C and C2C marketplaces. LoopingOne has attracted significant attention within the fintech industry. Investors that contributed in the seed round include former C-level employees at Adyen, Worldline, and GlobalCollect employees as well as founders of established global marketplaces. Ebury, which invested in the previous seed round, was also part of this round, demonstrating its belief in the immense potential and value that LoopingOne brings to the market. Co-founder and CEO Bob Voermans expressed his excitement, stating, "LoopingOne helps Marketplaces be independent from payment partners in their day-to-day operation by allowing them to choose various KYC/B and payment partners that suit their individual needs at any given time." A testament to LoopingOne's commitment to innovation and excellence is its recent nomination for the CIO Magazine Innovations Award in the Most Innovative Start-up/Scale-up/Challenger category. The award recognizes and promotes innovative projects among suppliers and customers in the field of technology. “Our teams are really excited to be re-imagining a platform from the ground up, based on Azure, API-first and AI architectures with a beautiful user-experience,” says CTO Chris Martlew. Related Companies
LoopingOne Frequently Asked Questions (FAQ)
When was LoopingOne founded?
LoopingOne was founded in 2021.
Where is LoopingOne's headquarters?
LoopingOne's headquarters is located at Oudezijds Achterburgwal 141 B, Amsterdam.
What is LoopingOne's latest funding round?
LoopingOne's latest funding round is Seed - II.
How much did LoopingOne raise?
LoopingOne raised a total of $3M.
Who are the investors of LoopingOne?
Investors of LoopingOne include Ebury.
Who are LoopingOne's competitors?
Competitors of LoopingOne include Online Payment Platform and 4 more.
Compare LoopingOne to Competitors
Payaut provides payment services directive two (PSD2)-compliance and automation of the payment process. It offers split payments, auto reconciliation, balance management, hosted onboarding, payouts, and more. It was founded in 2019 and is based in Amsterdam, Netherlands.
Online Payment Platform is a payment service provider designed for online business platforms and marketplaces. It provides split payments, multi-split payments, escrow solutions, recurring payments, fraud handling, dispute resolution, application programming interface (API), payment initiation services, and more. The company was founded in 2011 and is based in Delft, Netherlands.
Yoti is a digital identity platform to find a secure way of proving identities online and face-to-face. The company uses artificial intelligence (AI) and machine learning (ML) algorithms for secure age-checking services by sending verified details for secure registration and authentication into websites and offers data encryption to ensure customers' personal details are stored securely. It was founded in 2014 and is based in London, United Kingdom.
Onfido delivers an artificial intelligence (AI)-based technology with facial biometrics. It allows businesses to tailor verification methods to individual user and market needs in a no-code. It was founded in 2012 and is based in London, United Kingdom.
Synaps offers an app that allows users to create and manage their digital identities online.
Quadrata allows users to build decentralized finance (DeFi) applications. It offers a blockchain network technology platform that delivers compliance infrastructure, identification, and onboarding solutions for security enterprises, as well as provides monitoring and consulting services. It primarily serves clients across the bitcoin, blockchain, finance, identity management, and software sectors. The company was founded in 2021 and is based in Marina del Rey, California.
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