Loop is a modern global banking platform built for Canadian founders who run businesses across borders. Founded by Cato Pastoll, Loop solves a critical problem: while most businesses today operate globally, traditional banks remain stubbornly local. This creates friction, wasted time, and unnecessary costs for entrepreneurs managing international payments, receivables, and expenses.

Since launching in April 2022, Loop has experienced rapid growth. As the company scaled to a team of 30 and raised multiple rounds of funding, managing equity became increasingly complex.

That's when Loop turned to Mantle.

Like many startups, Loop began its journey tracking equity in a spreadsheet. For a small team with straightforward ownership, this approach was functional. But as Loop grew and raised successive funding rounds, the limitations became clear:
‍
Growing Complexity: Multiple funding rounds, option pools, and vesting schedules made spreadsheets increasingly difficult to manage.
‍
Time-Consuming Calculations: Understanding waterfalls, modelling scenarios, and tracking remaining allocations require manual work that pulls focus from building the business.

‍Limited Visibility: Team members and investors needed clear, real-time visibility into their equity positions.

Cato knew Loop needed a professional solution that could scale with the company while saving valuable time and reducing risk.

"As you raise more rounds of funding, it starts to get a little bit more complex. And as you think about managing an option pool, seeing vesting schedules, what your remaining allocations look like-it just gets more and more complex in a spreadsheet."

Loop adopted Mantle to professionalize its equity management. For Cato and his team, Mantle delivered immediate value:

Simplified Complexity: Loop replaced manual spreadsheet calculations with automated cap table management that handles multiple rounds, option pools, and complex scenarios.

Time Savings: What used to require hours of spreadsheet work now happens instantly, freeing the team to focus on product and customers.
‍
‍Professional Presentation: When it's time to share the cap table with investors, lawyers, or stakeholders, Loop has a polished, accurate view ready to go.

For a founder focused on building a company that helps entrepreneurs succeed, having one less operational headache was invaluable.

"If there's a standard piece of software that can help you do all of that and save time, it seems like a no-brainer."

By implementing Mantle, Loop transformed how they managed one of their most valuable resources:
‍
Operational Efficiency
The team saves hours previously spent on manual cap table management.

Strategic Clarity & Confidence
Real-time visibility into ownership structure enables better decision-making around equity allocation and allows Loop to confidently share accurate cap table information with stakeholders at any time.

Scalability
As Loop continues to grow and potentially raises additional rounds, its equity management infrastructure is ready.

Most importantly, Mantle gave Cato and his team confidence that their equity management was handled professionally—allowing them to focus on what matters most: building a global banking platform that helps entrepreneurs succeed.

"We got connected with you at the right place at the right time. I've definitely been a happy customer."