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You can now receive international SWIFT wire transfers denominated in Canadian dollars directly into your Loop account. Share your CAD wire details with international clients and partners, and the funds land where they belong — no manual conversions, no workarounds. Getting paid from abroad just got simpler.

For Canadian businesses with international clients or revenue streams, receiving CAD-denominated wire transfers has historically involved unnecessary friction — intermediary banks, conversion steps, or accounts that simply weren't equipped to receive the payment in the right currency. Loop now supports CAD SWIFT wire receiving, meaning you can accept wire transfers in Canadian dollars from any international sender through the global SWIFT network, directly into your Loop account.

Your CAD wire details are available and ready to share — and they're also included in your Account Details PDF, so sending them to a client, a partner, or an accounts payable team is straightforward and professional. Whether you're invoicing a US-based client who pays in CAD, working with an overseas parent company, or simply expanding your receivables capabilities, CAD SWIFT wire receiving removes a meaningful barrier to getting paid on your terms.

You can now point your procurement team, your CFO, or your enterprise clients to Loop's SOC 2 certification with confidence. It means an independent auditor has examined how Loop handles your data — and signed off. For businesses navigating vendor security reviews, this is one less obstacle between you and the deal.

SOC 2 is the gold standard for how software companies protect customer data. Achieving this certification means Loop has been evaluated by an independent third-party auditor against rigorous trust principles — including security, availability, confidentiality, and processing integrity. This isn't a self-assessment or a checkbox. It's an external audit that scrutinizes the controls we have in place to keep your financial data safe, available, and handled with integrity.

For growing businesses, this matters in concrete ways. When your customers ask about your vendors' security posture, or when your legal team is reviewing third-party risk, Loop's SOC 2 certification is a credible, recognized answer. It means the platform holding your business finances has been held to the same standard as the enterprise software your largest clients demand. Banking infrastructure you can vouch for.

You can now see your available, running, and pending balances all in one place — across every account, in every currency. Pair that with historical balance graphs, and you have a clear picture of where your money is and where it's been. No spreadsheets. No guessing.

Understanding your true cash position at any moment is harder than it should be. Available funds, pending transactions, and running balances can all tell a different story — and when you're managing multiple currency accounts, the complexity multiplies. Enhanced Balance Insights surfaces all three balance types clearly for each of your accounts, so you always know exactly what's available to spend, what's in motion, and what's settled.

The addition of historical balance graphs takes this further — giving you a visual record of how your balances have moved over time. Spot seasonal patterns, validate that a transfer landed, or simply review last month's cash position before a financial review. This is the kind of financial visibility that used to require a dedicated accounting tool. It's now built into the Loop platform, updated in real time, and accessible on every account you hold.

Your Loop wallets have been migrated to a more robust underlying infrastructure — and you likely didn't notice a thing. That's exactly the point. The accounts and balances you rely on every day are now sitting on a stronger foundation, ready for what comes next.

Migrations are the kind of work that only gets noticed when something goes wrong — and this one went right. Loop's wallet infrastructure has been moved to a modernized system that improves reliability, supports new currency and account capabilities, and positions the platform to scale with your business. Your balances, transaction history, and account details transferred seamlessly, with no action required on your part.

This kind of foundational work is what makes everything else possible. Faster feature development, more account types, better performance at scale — it all depends on the infrastructure running underneath. The wallet migration is a significant internal milestone that directly enables the product capabilities coming next. The platform you use today is more durable and more capable because of it.

When you pay another business that also banks with Loop in the same currency, the transfer now settles instantly — no waiting for the payment to clear through the traditional banking rails. It's the speed of a network payment with none of the usual friction. Fast for you, fast for them.

Traditional payment rails introduce delays that nobody wants but everyone accepts — until they don't have to. When a payment is sent from one Loop account to another in the same currency, Loop can now settle that transaction directly within its own network, bypassing the slower external clearing processes. The result is a payment that lands immediately, giving both the sender and recipient instant confirmation and access to funds.

For businesses that pay suppliers, contractors, or partners who also use Loop, this is a meaningful upgrade to an everyday workflow. No more checking whether a payment landed. No more waiting periods before a recipient can use their funds. The money moves the moment you send it. As more Canadian businesses join Loop, intra-loop payments become a faster path for more and more of your regular transactions — a compounding benefit built into the network.

You can now view the full details of any card on your account — including inactive ones — directly from the card list. No more hunting through old records or contacting support to retrieve a card number you need for reconciliation. The information is there when you need it, regardless of the card's status.

Managing cards across a business means dealing with cards in every state — active, paused, cancelled, expired. Previously, once a card became inactive, its details effectively disappeared from view, creating friction when you needed to reconcile a past transaction, update a record, or simply confirm which card was used for what. Now, you can reveal the full details of any card, at any status, directly from your card list.

This is particularly useful for finance teams doing month-end reconciliation, accounting teams matching transactions to specific card numbers, or operators who need to reference a cancelled virtual card tied to a vendor subscription. The details are there — the card number, expiry, and relevant information — without requiring a support ticket or a workaround. Clean, complete card history at your fingertips.

You can now set rules that automatically move money between your accounts based on your balance levels — so you're never scrambling to cover a shortfall or letting idle funds sit in the wrong place. Loop watches your balances and acts on your behalf. Your cash position stays optimized without constant attention.

Keeping the right amount of money in the right account at the right time is one of the most persistent operational challenges for growing businesses. Too little in your operating account and you're manually topping it up. Too much sitting idle and you're not putting it to work. Balance Management automation solves this by letting you define rules — minimum thresholds, target balances, sweep conditions — and then enforcing them automatically, around the clock.

The rules you set reflect how your business actually operates. If your main account drops below a defined level, Loop can automatically pull funds from a reserve. If an account exceeds a ceiling, Loop can sweep the excess somewhere more purposeful. It's treasury management logic that used to require dedicated software or a full-time finance team — now available as a simple, configurable automation inside Loop. Set your rules once. Let Loop handle the rest.

You can now schedule transfers between your Loop accounts to run automatically on a date and cadence you choose. Whether you're moving funds weekly, monthly, or on a one-time future date, the transfer happens without you having to log in and do it manually. Your money moves on your schedule, not whenever you remember to move it.

Scheduled transfers let you define exactly when and how often funds move between your accounts — so your cash management runs in the background while you focus on your business. Set a one-time transfer for a specific future date, or establish a recurring schedule that keeps your accounts balanced automatically. Each scheduled transfer is visible, editable, and cancellable at any time, giving you full control without requiring manual execution.

This is built for the business owner who keeps a primary operating account, a reserve account, a tax account, or a payroll float — and needs money to flow between them predictably. Instead of relying on reminders or manual transfers that get delayed, you configure the logic once and Loop handles the execution. Less mental overhead, fewer missed transfers, and a cleaner, more intentional approach to how your money is organized.

You can now redeem your Loop points directly toward travel bookings — flights, hotels, and more — right inside the platform. The points your business earns through everyday spending now translate into real travel value, without leaving Loop to do it. Your business expenses finally work harder for you.

Business spending adds up fast — and with Loop's points redemption for travel, it pays you back in kind. Every purchase your team makes that earns Loop points can now be put toward travel, redeemable directly through the Loop platform when booking flights, accommodations, and more. No third-party portals. No points expiring in a program you forgot about. Just straightforward value from the spending your business was already doing.

This feature is built for business owners and finance teams who want their corporate card rewards to actually mean something. Book travel for a client visit, a team offsite, or a conference — and offset the cost with the points you've accumulated. The redemption experience is integrated directly into Loop's travel booking flow, so applying points is as simple as choosing how much of your balance to use at checkout. Your business earns. Your business benefits.

The Loop platform you use every day is now running on a modern foundation — and you'll feel it. Pages load faster, interactions are more responsive, and the overall experience is noticeably smoother. It's the same Loop, rebuilt to perform better and grow with you.

Behind every great product is infrastructure that has to keep pace with the features built on top of it. Loop's frontend has been migrated to a modern architecture that dramatically improves performance, reliability, and the speed at which new capabilities can be delivered. This isn't a cosmetic refresh — it's a structural upgrade that touches nearly every screen in the platform.

The result is a platform that feels faster and more cohesive, with fewer rough edges and a more consistent experience across every workflow. For you, that means less waiting and less friction. For Loop, it means new features can be built and shipped faster, with higher quality. This migration is the foundation everything else is built on — and it's already paying off.

Loop now speaks the language of AI. With Loop's MCP integration, your financial data can connect directly to AI tools and workflows — letting you query your accounts, analyze transactions, and get answers without switching context. The future of business finance is conversational, and Loop is ready for it.

The Model Context Protocol (MCP) is an emerging standard that lets AI assistants and tools connect securely to external data sources — including your financial accounts. Loop's MCP integration means that AI-powered tools can now access your Loop data in a structured, secure way, enabling a new category of financial workflows. Ask an AI assistant about your spending by category, pull transaction history for analysis, or build internal automations that reason about your cash position — all without manual exports or copy-paste.

This is infrastructure for the next wave of how businesses manage their finances. Rather than treating your bank account as a read-only record you check manually, Loop MCP makes your financial data a live, queryable resource that your tools can work with intelligently. Whether you're a solo operator using an AI assistant to stay on top of cash flow or a finance team building custom internal tooling, Loop MCP is the connection layer that makes it possible.

Settings has been redesigned to be the one place you go to configure everything about your Loop account — and actually find what you're looking for. Team permissions, account details, notification preferences — it's all organized clearly and accessible in fewer steps. Less time configuring. More time running your business.

Settings pages are too often an afterthought — cluttered, inconsistent, and frustrating to navigate. The new Settings experience in Loop treats configuration as a first-class part of the product. Everything is organized into a clear, logical structure so you can find what you need without having to dig. Whether you're updating business information, managing team member access, or adjusting how you receive notifications, the right setting is where you'd expect it to be.

The redesign also introduces a more consistent visual language that matches the rest of the Loop platform — making the entire product feel cohesive rather than pieced together. And because settings are the controls that govern how your account behaves, we made sure they're not just easier to find, but clearer to understand. No ambiguous labels. No buried options. Just straightforward control over your account.

Your Accounts page has been completely rebuilt — giving you a cleaner, more organized view of every account you hold with Loop. Balances are front and center, the layout is intuitive, and navigating between accounts takes far fewer clicks. It's the home base your finances deserve.

The Accounts page is where most of your time in Loop begins. It needed to be exceptional — not just functional. The new Accounts page is redesigned from the ground up with clarity as the priority: your accounts are organized logically, balances are immediately readable, and the actions you take most often are within easy reach. Whether you're checking a balance before approving a payment or switching between currency accounts, the experience is faster and more fluid.

Beyond aesthetics, the new page is built on the same modern infrastructure that powers the broader platform — meaning it's faster to load, more responsive to interact with, and ready to support new account types and capabilities as Loop grows. This is the version of your accounts overview that should have always existed. Now it does.

Loop is now on mobile. Check balances, review transactions, manage cards, and stay on top of your business finances from anywhere — without being tethered to a desktop. The full power of your business bank account, available whenever you need it.

Business doesn't stop when you step away from your desk — and your banking shouldn't either. The Loop mobile app brings your business finances with you, built natively for the way you actually work on the go. Check real-time balances before a meeting, review a transaction the moment it posts, or lock a card the second you notice something unexpected — all from your phone, in seconds.

The mobile app is designed with the same attention to clarity and speed as the web platform, without trying to replicate everything in a smaller form factor. The features you need on the go are front and center. The workflows that are better suited to a desktop stay there. The result is an app that feels purposeful — not like a shrunken website. Your business bank account, always within reach.