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Loomo Startup Profile

Company Overview

Allows users to track Bitcoin, Ethereum and other cryptocurrencies across multiple wallets

Company History

Loomo was founded in 2022. Public founder information in the source set points to Mohamed Felata, Paul Otto. Its latest captured funding/news event in the source set was in 2022, recorded as Pre-Seed.

Key Facts

Country Nigeria
Founded 2022
Founders Mohamed Felata, Paul Otto
Sector Fintech
Operational Status Likely active / unverified
Latest Round Pre-Seed, 2022, $0.1M
Total Disclosed Funding $0.1M
Website https://loomo.finance/fr/

Business Model

Loomo appears to operate a product-led business model in the Fintech sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.

Products and Services

  • Digital payments
  • Banking or treasury tools
  • Merchant or API infrastructure
  • Embedded finance

Funding and Market Position

Public deal records in the source set show 1 disclosed funding event(s), with about $0.1M captured in total. The most recent event is recorded as Pre-Seed, 2022, $0.1M.

Contact Information

The most reliable public contact channel in the source set is the official website: https://loomo.finance/fr/. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.

Company Location

Operational Status

Public sources show activity in 2022, did not independently verify current operations beyond the source set. Status recorded here is a best-effort assessment as of March 21, 2026.

Why This Startup Matters

As a Nigerian startup in the Fintech space, Loomo matters because it addresses local market problems with a scalable digital product or operational model.

Sources

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