About Loop Commerce
“Acquired by Synchrony in June 2018, Loop Commerce is a transformative force in the $400 billion Gift-Commerce category. The Menlo Park, CA company helps leading brands and retailers like Banana Republic, Target, Saks Fifth Avenue and Neiman Marcus to eliminate the traditional obstacles their customers face when trying to purchase items as gifts. Among its many offerings, Loop Commerce's patented GiftNow® service integrates seamlessly into retailers' stores to offer gift givers enhanced choices at check out, and gives gift recipients options such as changing the size or color of an item before it ships to allow more confident, faster purchase decisions for shoppers and less hassle for recipients.
Loop’s GiftNow is fast growing to become the ubiquitous consumer brand and gifting service, implemented and driven by these leading retailers. On the momentum of GiftNow's success, Loop Commerce has recently expanded with its Gift360™ suite of products, to drive further value to retailers and consumers alike, redefining how people buy and receive gifts across the digital and physical worlds. Additionally, ecosystem partners in payments, ad-tech, logistics, social and loyalty and benefiting much from Loop’s technology, capabilities and vast network of leading retailers, and now partnering with Loop to enhance their own businesses.
Loop Commerce and GiftNow have been profiled by numerous news organizations including CNBC, CBS, USA Today, Chain Store Age and Forbes, as changing the game for commerce as it relates to shopping others, and leading the category that is now defined as g-commerce (gift-commerce). The company has also been well recognized in 2016 as the best tech startup in Silicon Valley, and in 2017 was awarded the most innovative company in fintech and commerce. Loop Commerce defines its vibrant culture as being a family-like and fun-loving atmosphere, agile, and focused on defining the leading edge of something meaningful for millions of people. And now, while maintaining it’s start-up culture and fast-pace innovation, Loop has the backing and support of Synchrony to fuel and accelerate its growth and success”.