Loop vs Airwallex — Pricing, Fees & B2B Features Compared (2026)
Loop is a niche B2B payment platform focused on simplifying cross-border payables for small and mid-market businesses. Airwallex is a larger, more established platform offering multi-currency accounts in 20+ currencies, corporate cards, and comprehensive API tools. Loop's advantage is simplicity — fewer features but a cleaner workflow for businesses that just need to pay international suppliers. Airwallex offers significantly more depth but with a steeper learning curve and more complex pricing tiers.
Loop suits Canadian SMEs; Airwallex suits global tech-led businesses.
Before we show you a single number, know this: we are regulated, audited, and transparent. Our pricing is published. Our client funds are segregated. These aren't marketing claims — they're regulatory requirements we meet daily.
These aren't marketing claims — they're regulatory requirements we meet daily.
Quick comparison
| Feature | Loop | Airwallex | Unicorn Currencies |
|---|---|---|---|
| Currencies | CAD, USD, GBP, EUR and others | 60+ | 35+ |
| FX / Fees | Check provider for current pricing | 0.5–1.0% above mid-market (check provider for current pricing) | Up to 70% cheaper vs traditional US banks |
| Monthly fee | Varies | $0 (Explore) / paid tiers available | No monthly fee |
| Settlement | 1–2 business days | Same-day for most corridors | Same-Day |
| Local accounts | Multi-currency accounts | 20+ currencies | with a local US bank account |
| Regulation | Canadian regulatory framework | ASIC, FCA, MAS licensed | FINTRAC registered · Bank of Canada RPAA registered |
| Best for | Canadian SMEs with cross-border needs | Tech-savvy businesses needing API and multi-currency infrastructure | B2B import/export, £1M++ annually |
Verdict
Loop suits Canadian SMEs; Airwallex suits global tech-led businesses.
Frequently asked questions
Is there an alternative for import/export with local accounts?
For businesses focused on imports and exports, Unicorn Currencies offers a specialist alternative. Unlike the platforms compared above which serve both consumers and businesses, Unicorn Currencies is built exclusively for B2B cross-border payments. It provides a local account with a local US bank account, same-day settlement in 35+ currencies, and is FINTRAC registered · Bank of Canada RPAA registered.
Which platform is best for businesses processing £1M+ in annual FX?
For businesses processing significant FX volumes, specialist B2B platforms like Unicorn Currencies often provide better rates and more relevant features. Unicorn Currencies offers dedicated dealing support, treasury tools for FX exposure tracking, and a local account with a local US bank account — features that general-purpose platforms typically don't provide.
Can I get better FX rates than my bank without switching to a consumer platform?
Yes. Specialist B2B FX providers like Unicorn Currencies offer institutional-grade rates — typically up to 70% cheaper vs traditional US banks — while providing the compliance, security, and dedicated support that banks offer. Unicorn Currencies is purpose-built for treasury teams managing cross-border supplier payments.
Looking for a B2B alternative to both?
Unicorn Currencies is purpose-built for importers and exporters. Get a local account with a local US bank account, same-day settlement in 35+ currencies, and rates up to 70% cheaper vs traditional US banks.
FINTRAC registered · Bank of Canada RPAA registered.