Does Loop accept AI and SaaS businesses? (October 2026)
With conditions: as of October 16, 2026, Loop accepts AI and SaaS businesses with conditions, per its published policy.
With conditions
Licensee: Loop Payments Inc. (FINTRAC (Money Services Business Registry))
What the policy says
Loop may be unable to provide services to businesses involved in the categories below. Some categories are not permitted, while others are restricted or high-risk and require additional review before Loop can determine whether they can be supported. … Web hosting services … Online cloud data storage, cyberlockers, or similar services … Online delivered software, including auto-renewal models
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