Amsterdam-based LoopingOne, a fintech startup, announced that it has secured €2M in a seed round of funding.
Investors include former C-level employees at Adyen, Worldline, and GlobalCollect, and employees as well as founders of established global marketplaces. Ebury, which invested in the previous seed round, was also part of this round.
With the investment, LoopingOne says it will accelerate the development of its agnostic KYC/B and multi-party payments products for marketplaces and online platforms.
Co-founder and CEO Bob Voermans says, “LoopingOne helps Marketplaces be independent of payment partners in their day-to-day operation by allowing them to choose various KYC/B and payment partners that suit their individual needs at any given time.”