What is Loomis?
Headquartered in Stockholm, Sweden, Loomis is a leading provider of comprehensive value management services. The company caters to a diverse clientele, including financial institutions, retailers, commercial businesses, and public sector organizations. Loomis operates an extensive international network across North America, Europe, Asia Pacific, and South America, offering critical services such as cash transportation, processing, and management. Their commitment to optimizing client cash flows is further enhanced by digital solutions and mobile applications, complementing their robust physical operations.
How much funding has Loomis raised?
Loomis has raised a total of $162M across 1 funding round:
Debt
$162M
Debt (2023): $162M with participation from Bank of America, Nordea Bank Sweden, Societe Generale, NatWest Group, and Danske Bank
Key Investors in Loomis
Bank of America
Bank of America, a global financial institution founded in 1874, offers comprehensive banking and financial services across multiple segments including consumer banking, wealth management, global banking, and global markets. They serve a diverse client base from individuals to large corporations and governments.
Nordea Bank Sweden
Nordea Bank is a leading Nordic financial services group, offering banking, wealth management, and insurance services. With a strong presence in the Nordic region, it serves both retail and corporate customers.
Societe Generale
Société Générale, a French multinational financial services company founded in 1864, provides retail banking, private banking, and insurance services. It operates globally, offering a wide array of financial products and solutions.
What's next for Loomis?
The recent major strategic investment signifies Loomis's continued trajectory in scaling its operations and potentially expanding its digital service offerings. This infusion of capital is expected to bolster its capacity to manage complex cash flows for its global client base and reinforce its competitive edge in the financial services sector. Loomis is poised to leverage this financing to further innovate its value management solutions and solidify its international presence.
See full Loomis company page
