LoopingOne
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | <1m | 1.4m |
% growth | - | 468 % |
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EditLoopingOne is a dynamic startup focused on simplifying payment processes for online marketplaces and platforms. The company operates in the fintech (financial technology) sector, which involves using technology to improve financial services. LoopingOne's primary goal is to remove the complexities and inefficiencies associated with handling payments, allowing marketplaces to concentrate on their core business activities rather than getting bogged down by financial transactions.
LoopingOne serves a diverse range of clients, including online marketplaces and platform-based businesses that need efficient and reliable payment solutions. These clients benefit from LoopingOne's ability to streamline payment processes, manage payment service provider (PSP) relations, and handle the reconciliation of payment flows. This means that businesses using LoopingOne can onboard sellers more easily and switch payment partners without having to redo the onboarding process, saving time and resources.
The company operates on a business-to-business (B2B) model, providing its services directly to other businesses rather than individual consumers. LoopingOne makes money by charging fees for its payment processing services, which can include transaction fees, subscription fees, or a combination of both. By offering a comprehensive, all-in-one payment service platform, LoopingOne helps its clients manage their payment operations more efficiently, ultimately driving growth and reducing operational friction.
LoopingOne's solution is fully based on Microsoft Azure, a cloud computing service, which ensures scalability, security, and reliability. The company has formed strategic partnerships with industry leaders like Microsoft and Endava, which support its innovative approach and commitment to excellence.
In summary, LoopingOne is revolutionizing the way online marketplaces handle payments, providing a seamless, efficient, and scalable solution that allows businesses to focus on growth rather than financial logistics.
Keywords: fintech, payment processing, online marketplaces, B2B, Microsoft Azure, PSP management, transaction fees, cloud-based, seller onboarding, operational efficiency.