Rapid international growth also introduced new hurdles behind the scenes. Loop helped
$60,000
Projected savings in wire fees
$20,000
Projected savings in FX fees
Rapid international growth also introduced new hurdles behind the scenes. Loop helped
In 2020, as COVID-19 shut down offices, retail stores, and supply chains, many entrepreneurs pressed pause. Draco Slides did the opposite. Operating out of an apartment in Toronto, the founder saw an opportunity to build a digitally native footwear brand focused on comfort, quality, and distinctive design at a time when people were living and shopping online.
As e-commerce adoption surged and social platforms became primary discovery channels, Draco Slides leaned into online distribution and community-driven marketing. The brand quickly gained traction, building a loyal customer base through social media and direct-to-consumer sales.
What began as a side project quickly evolved into a fast-growing fashion brand shipping internationally. As demand increased, the company expanded its supply chain globally, working with overseas manufacturers and scaling paid acquisition to reach new audiences worldwide. But rapid growth also introduced new hurdles behind the scenes.
As Draco Slides expanded internationally, managing money across borders became increasingly difficult. The business relied on overseas suppliers that required frequent international wire payments.
At the same time, paid acquisition across platforms like Snapchat and Meta became a core driver of growth, requiring high-volume card spend. Receiving payouts from sales platforms added another layer of friction. Fees, FX costs, and fragmented tools slowly chipped away at margins.
Like many Canadian e-commerce companies scaling quickly, Draco Slides faced a familiar problem: financial infrastructure that hadn’t been designed for global operations. Managing wires, cards, foreign exchange, and platform payouts across multiple providers created unnecessary complexity and expensive inefficiencies that could limit growth.
By adopting Loop, the Draco team gained a single platform to manage global money movement and day-to-day spending. They used Loop to send international wire payments to suppliers, eliminating the need for multiple banking tools.
For growth marketing, the team relied on the Loop Visa card to fund advertising spend across platforms like Snapchat and Meta. Loop also enabled Draco Slides to receive payouts from sales platforms without incurring unnecessary fees.
By combining global payments, cards, FX management, and payout collection in one place, Loop replaced a fragmented set of financial tools with a streamlined system designed for Canadian businesses operating internationally.
The financial impact was immediate and measurable. Using Loop, Draco Slides eliminated payout fees and significantly reduced foreign exchange costs on card spend. Internal estimates showed that if the company had relied on traditional financial products in 2025, it would have paid more than $60,000 in wire fees and over $20,000 in FX fees.
Those savings translated directly into additional working capital that could be reinvested into inventory, marketing campaigns, and brand development. Just as importantly, the team reduced financial admin and gained clearer visibility into cash flow across currencies. With less time spent managing payments and fees, Draco Slides could focus more on their growth strategy.
This is a brief blurb that should summarize what loop does. Maybe it will serve as a brief intro to some of the features?
