Loopa Finance provides non-recourse third-party funding for meritorious litigation and arbitration claims. The company advances capital to cover legal fees, court costs, and expert expenses associated with the case. Payment is contingent upon a successful final decision or settlement, where the funder receives a percentage of the financial outcome.
Funding
$30M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Litigation and arbitration cases often require significant upfront capital for legal fees, expert witnesses, and court costs, creating a financial barrier for pursuing justice. This financial strain can force parties to accept unfavorable settlements or abandon meritorious claims due to resource limitations.
Solution
Loopa Finance provides non-recourse capital to fund litigation and arbitration expenses, enabling clients to pursue their claims without personal financial risk. The company offers advances on anticipated legal outcomes, effectively monetizing future recoveries into present liquidity. This approach allows plaintiffs and law firms to manage cash flow, mitigate financial exposure, and maintain strategic focus on their cases. Loopa's funding is structured such that repayment is contingent solely on a successful case outcome, transferring the economic risk to the fund.
Target Audience
Primary clients include plaintiffs (individuals and entities) with meritorious legal claims and law firms seeking to finance their cases or manage client expenses.
Features
- Non-recourse litigation and arbitration funding for legal fees, court costs, expert expenses, and arbitration fees.
- Capital advances against anticipated judgment or settlement amounts to provide immediate liquidity.
- Funding for a broad spectrum of disputes including contractual, construction, intellectual property, and investment arbitration cases.
- Support for law firms through portfolio financing and case funding, enabling them to take on more cases and manage client costs.
- Passive role in case management, ensuring legal strategy remains with the client and their legal counsel.
- Financial analysis of cases based on legal merits, procedural timeframes, and counterparty solvency.
- Funding available for cases across Latin America and Europe.