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Loop Insights (RACMF) has partnered with Certas Energy UK, the UK's largest fuel distributor, to launch a Proof of Concept (PoC) at multiple gas stations. This initiative targets a £4.5 billion gasoline sector and aims to integrate Loop's Insights platform with Certas' customer engagement system. Loop's Fobi IoT device will collect retail data and enhance customer loyalty through a mobile program. Successful completion of the PoC could lead to an expanded partnership, utilizing Loop's analytics dashboard across Certas' 650+ locations, optimizing operations and engaging motorists more effectively.
NielsenIQ and Loop Insights Inc. have formed a strategic alliance aimed at revolutionizing the retail sector in North America. This partnership integrates NielsenIQ’s data analytics with Loop's real-time solutions, enhancing customer engagement and driving personalized shopping experiences. The collaboration allows brick-and-mortar retailers to benefit from improved consumer behavior insights and operational efficiencies. Both companies are poised to leverage their strengths, with Loop targeting global enterprise scale through this partnership.
Loop Insights Inc. (RACMF) has successfully executed its venue management platform at the inaugural MGM Resorts Championship PGA Tournament, marking its fourth successful implementation. The platform achieved unprecedented engagement rates, including a 52% click-through rate for promotions related to the event. With Nevada allowing 100% capacity for live events starting June 1, the company anticipates further discussions with major sports organizations, positioning itself strongly for growth in the evolving sports and entertainment landscape.
Loop Insights has joined the Oracle Partner Network, enhancing its presence in the POS market. This partnership allows Loop to connect with Oracle's extensive retail client base, facilitating access to real-time data and cloud solutions. Oracle represents 12% of the global POS market, with forecasts predicting the POS terminal market to grow from US$68.20 Bn in 2019 to US$149.35 Bn by 2028. CEO Rob Anson anticipates that this integration will significantly boost Loop's client base and collaborations.
Loop Insights Inc. (OTCQB: RACMF) successfully completed its acquisition of mediahelden GmbH d/b/a Passcreator on April 14, 2021, following TSXV approval. The deal involved issuing 1,301,425 common shares as consideration. Passcreator, a German mobile marketing software company, offers a scalable, GDPR-compliant solution suitable for businesses of all sizes. This acquisition is expected to enhance Loop's capabilities in AI-driven marketing solutions across various industries, positioning it for potential revenue growth.
Loop Insights (RACMF) has entered a Proof of Concept (PoC) with Suresite Group to enhance retail operations in the UK forecourt sector. Utilizing Loop’s Fobi IoT device and Insights platform, selected Suresite locations will gain real-time access to transaction data from POS systems. This collaboration aims to address the evolving needs of retail, particularly in response to changing consumer behavior during the pandemic. The UK's forecourt sector generates around £4.5 billion annually, highlighting the significance of this partnership.
Loop Insights Inc. has partnered with DGTL Holdings Inc. to enhance digital marketing in the $355 billion digital advertising market. This collaboration will allow Loop to access major brands and improve customer engagement through AI-driven insights. The integration of Loop's data analytics with DGTL's social media platform aims to optimize marketing campaigns and create new revenue streams. Both companies anticipate deeper connections with consumers and the ability to provide real-time performance metrics for their clients' advertising campaigns.
Loop Insights (RACMF) has successfully integrated with Vend's Billing API, enhancing onboarding for Vend's 20,000+ global retailers. This partnership facilitates faster access to Loop's multi-domain and historical reporting solutions. The integration aligns with Vend's upcoming acquisition by Lightspeed, expanding potential customer reach to 155,000 locations. Loop's CEO highlighted the significant revenue opportunity this presents for all parties involved. The collaborative effort aims to drive growth in the $23-trillion global retail market, positioning Loop for accelerated expansion.
Loop Insights Inc. (RACMF) announced its membership in the Sovrin Foundation, enhancing its digital identity capabilities through blockchain technology. The integration with Sovrin will allow Loop to verify credentials issued via its mobile wallet, improving security, privacy, and interoperability. With the acquisition of Passcreator, Loop can ensure users' personal data remains secure while enabling third-party verification. The collaboration aims to streamline user experiences for mobile wallet passes, emphasizing the importance of blockchain in safeguarding personal information.
Loop Insights has partnered with Data Clymer to enhance real-time data analytics for clients in professional sports and live entertainment. This collaboration aims to resolve issues related to data silos and slow insights, allowing teams and venues to integrate multiple data sources effectively. With the global smart stadium market projected to grow from USD 4.6 billion in 2018 to USD 12.5 billion by 2023, Loop's solutions are positioned to help clients optimize operations and enhance customer engagement. This partnership is expected to significantly boost Loop's revenue and market presence.