Loopay

Loopay is a business-focused financial technology provider operating in Latin America. Its website presents a platform that connects traditional financial infrastructure with API-based technology so that companies can send and collect payments domestically and internationally from a single interface. Product lines include international payments aimed at importers, international collections aimed at exporters, local business payments for companies with high payment-dispersion volumes, automated bank reconciliation, and a Banking-as-a-Service offering.

The international payment and collection products are positioned around centralizing treasury operations on one platform, reducing foreign exchange risk, and operating under central bank regulation. The local payments product covers real-time payments, bulk payments, recurring and scheduled payments, with no prior account-registration waiting period and a stated flat-fee structure. The automated reconciliation module consolidates financial movement data in one place, supports temporary cost centers by project, branch or event, and produces dynamic statements for accounting and finance teams. The Banking-as-a-Service line provides multi-currency accounts, wallets and immediate payments through a single API integration, and can extend to a white-labeled platform with backend, compliance, liquidity and monitoring components.

Business model

Loopay sells payment and treasury infrastructure to businesses, delivered both as a platform interface and as APIs that customers integrate into their own products, including white-labeled deployments. Its site states there are no minimum-term contracts, no monthly minimum amounts and no hidden fees.

Loopay markets transparent, clearly stated fees without hidden charges, minimum monthly volumes or lock-in contracts; specific pricing is not disclosed publicly.