Foren vs Loop: what each publishes
As of October 17, 2026, Foren takes these industries by its own published rules: Marketplace. Loop: iGaming, with conditions; Adult, with conditions; AI and SaaS, with conditions; Forex and CFD, with conditions; Marketplace, with conditions.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
Policy by industry
| Industry | Foren | Loop |
|---|---|---|
| Marketplace | Yes | With conditions |
| iGaming | No | With conditions |
| Adult | No | With conditions |
| AI and SaaS | No published rule | With conditions |
| Forex and CFD | No published rule | With conditions |
| Crypto | Depends on the activity | No |
| Unlicensed financial services | No | No |
Where owners must live
Foren
No published rule
Loop
No published rule
Rules about countries
Foren
Foren currently onboards sole traders, limited companies and payment service providers (PSPs) registered or operating in the United Kingdom, Canada and Nigeria, subject to our eligibility and verification requirements.
Fees
Foren
No fee we could verify
Loop
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Loop Basic | Free to open ('Opening a multi-currency account with Loop is completely free') | Free ('Get started with our free plan') | · Source |
| Loop Plus | Free to open ('Opening a multi-currency account with Loop is completely free') | CAD 79 a month | · Source |
| Loop Power | Free to open ('Opening a multi-currency account with Loop is completely free') | CAD 299 a month | · Source |
Closing an account
Foren
24.2 (a) If you are a consumer, a micro-enterprise or a charity, we may terminate the Agreement at any time by giving you at least two months' prior written notice for accounts opened before 28th April 2026 or 90 days prior written notice for accounts opened after 28th April 2026. (b) If you are not a consumer, a micro-enterprise or a charity, we may terminate the Agreement at any time by giving you at least one month's prior written notice.
Loop
Loop Payments may terminate this Agreement, or suspend the Account, Payment Loading Methods or Payment Services for any reason whatsoever and at any time at its sole discretion, without notice and without liability to you
Licence
| Licensee | Foren | Loop |
|---|---|---|
| Licensee | Foren UK Ltd (formerly Leatherback Ltd) · EMI authorised by the FCA (FRN 901074) | Loop Payments Inc. · money services business registered with FINTRAC (M22489771) and, by its own statement, supervised by the Bank of Canada as a payment service provider under the RPAA · platform by Loop Financial Inc. · USD business accounts issued by Lincoln Savings Bank, Member FDIC (FDIC cert 14207) · Loop Global Visa Card issued by Equitable Bank |
| Regulator | FCA · | FINTRAC (Money Services Business Registry) · |