Toronto fintech Loop has partnered with accounting platform Wave to launch a direct API integration connecting business banking data with accounting records. The integration enables Loop customers to automatically sync transactions into Wave, eliminating the need for unreliable screen-scraping connections commonly used by Canadian small businesses.
Loop says it is the first Canadian business banking provider to offer a native API connection with Wave. The system supports multi-currency accounts and transactions in USD, EUR, and GBP, while enabling real-time reconciliation inside Wave’s accounting software. The integration is now available to Canadian businesses using both platforms.
Want to know more? Check out the source code on Fintech.ca.