About Loop
Loop is a company based in London (United Kingdom) founded in 2020 by Michelangelo Mirko Giacco, Ankit Tharwani, and Paul Pester was acquired by Tandem in April 2023. It operates as a FinTech. The company has 4 employees as of March 31, 2022. Loop offers products and services including Loop App. Loop operates in a competitive market with competitors including Hope Macy, PaidYou, TABBit, Split The Bills and Splitbill, among others.
- Headquarter London, United Kingdom
- Employees 4 as on 31 Mar, 2022
- Founders Michelangelo Mirko Giacco, Ankit Tharwani, Paul Pester
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Sectors
Technology
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Email
Locked
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Phone
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Website
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Social
Locked
- Legal Name Tandem Bank Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
Not available
- Investors
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Employee Count
4
as on Mar 31, 2022
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Acquired by
Tandem
(Apr 05, 2023)
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Products & Services of Loop
Loop offers a comprehensive portfolio of products and services, including Loop App.
Money sharing app for splitting, lending, borrowing easily.
Funding Insights of Loop
Detailed funding history for Loop
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Investors in Loop
Loop has secured backing from 1 investor. Prominent investors backing the company include Tandem Bank.
| Investor | Description | Founded Year | Domain | Location |
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Digital banking services for consumers are delivered through online platforms.
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Investor details for Loop
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Loop
Investment portfolio details for Loop
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Financial Statements - Loop
Detailed financials for Loop
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Loop Comparisons
Peer comparison for Loop
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Competitors of Loop
Loop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hope Macy, PaidYou, TABBit, Split The Bills and Splitbill, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Shared expense management is facilitated for individuals and supporters.
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A group expense management solution for personal and shared finances.
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App-based payment sharing solution
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Expense splitting app for schoolmates and housemates.
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An app-based platform for simple and efficient bill sharing among friends.
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Detailed competitors of Loop
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Latest news on Loop
Complete news archive for Loop
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Frequently Asked Questions about Loop
Loop was founded in 2020.
Loop is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Michelangelo Mirko Giacco is the current CEO of Loop. They have also founded this company.
As of Mar 31, 2022, the latest employee count at Loop is 4.
Loop is created as a financial technology solution to facilitate money sharing among friends. It is designed to help users split expenses, lend, and borrow money seamlessly. The app is built to manage payments, send reminders, and settle transactions without hassle. It operates within the financial services sector, focusing on personal finance management. Loop is supported by various UK banks and ensures secure transactions using interbank systems. The service aims to eliminate awkward conversations around money by automating payment notifications.
Loop's top competitors include Hope Macy, Split The Bills and TABBit.
Loop offers Loop App.
Loop has 1 investor. Key investors include Tandem Bank.