LoopingOne, a KYC and Payments platform for Marketplaces and Platforms, has closed its first seed round of €800.000 from Ebury, one of the world's largest fintech companies offering financial solutions to simplify international trade.
The investment aims to further develop the LoopingOne product and start the Electronic Money Instiitution (EMI) application process at the Dutch Central Bank (DNB). An integration with Ebury will also give LoopingOne the capability to offer multi-currency services to its marketplace customers from the get-go.
