Building a Fintech Bank for Entrepreneurs – Cato Pastoll from Loop

July 18, 2023

Cato Pastoll is the co-founder and CEO of a Toronto based fintech startup called Loop.

Loop bills itself as Canada’s #1 bank for entrepreneurs – with a cross border banking platform that includes corporate cards, payments, FX, capital and more in multiple currencies.

Founded about a decade ago as Lending Loop – the company launched as a platform for equity crowdfunding, before pivoting to focus on how their customers used money in addition to providing ways for them to source it.

In this episode, Cato:

  • Tells us about the history of his fintech company
  • Relates the evolving need for financial services from agile young companies who operate internationally
  • Explains his passion for technology and finance as a youth and how that has led to founding this company
  • Compares Canada to other countries in the world who have greater flexibility and lower barriers to entry for the banking sector – like the UK
  • Much more…