LoopingOne provides a modular dealflow platform for high-value marketplace transactions, automating seller identification, buyer payments, and fund safeguarding. The platform integrates KYC/KYB compliance, multi-currency foreign exchange, and marketplace payment processing through a single API connection. This service reduces administrative overhead and risk while enabling businesses to focus on core operations rather than complex fintech integrations.
Funding
$3M 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
Marketplaces often face complexities in managing multiple payment partners and seller onboarding processes, leading to operational inefficiencies and reduced conversion rates. Integrating various financial services requires significant technical overhead and diverts resources from core business activities.
Solution
LoopingOne offers a modular payments platform that streamlines financial service integration for marketplaces through a single API. The platform manages multiple payment partners and seller onboarding solutions, reducing operational friction and enhancing conversion rates. By providing a centralized system, LoopingOne enables businesses to focus on growth while ensuring compliance and optimizing payment processes. The agnostic platform plugs in various financial services and technologies, all accessible through one API connection, offering tailor-made solutions to match specific business needs.
Target Audience
LoopingOne primarily targets B2B marketplaces, particularly those in the automotive and machinery industries, seeking to streamline payment processing and seller onboarding.
Features
- Single API connection for multiple payment partners and financial services.
- Centralized seller onboarding process, eliminating redundant KYC/KYB checks when switching payment partners.
- Support for international trades in over 140 currencies, including regions with limited liquidity.
- Modular and scalable architecture allowing for easy integration of new financial services.
- Customizable solutions tailored to specific business cases and industry verticals.
- Technology and expertise from industry experts in online payments, marketplaces, and automotive industries.