Product Updates

Stay informed and inspired with the latest insights, innovations, and trends shaping the future of the automotive industry.

Update
March 9, 2022

On-platform deposits to improve your subscription billing and payments process

Loopit has moved all security deposits on platform to help you improve your overall subscription billing and payments process. Our new features let you refund and claim security deposits, as well as apply security deposits to outstanding invoices.

Feature
February 16, 2022

New agreement and invoice functionalities to help improve your workflow

We are excited to announce that we have launched new agreement, document and invoice functionalities that will help you manage your subscribers efficiently.

Feature
January 14, 2022

Introducing credit memos on Loopit to help better tracking of credits

The Loopit platform introduces credit memos to help you improve the tracking of invoices credits given to your subscribers.

Update
December 15, 2021

New sign up flow changes to offer greater onboarding flexibility

We've implemented changes to sign up flow so that you can have flexibility in determining the minimum age eligibility to align with your business objectives.

Update
November 5, 2021

New notes functionality to keep track of all your subscription changes

We've released some updates to help you gain complete overview of the modifications and details of your customer's car subscription.

Update
October 15, 2021

New monthly billing option and privacy policy inclusion to improve your subscriber relationship

To help your subscribers align payments upon receiving their income, we now offer a monthly billing option. You can also include your company’s privacy policy as well as export line items for deeper performance insights!

Update
July 1, 2021

New reporting, branches and more configurability to run your subscription business

We've just released better customer reporting, unveiled branches as a configurable setting and allow you to configure more of the Loopit platform to suit your business.

June 15, 2021

Loopit to encourage electric vehicle adoption across its network

To help create a more sustainable transport future - by increasing the number of electric vehicles utilised through the our provider network - Loopit will match Uber's pledge and halve our service fee for all existing and new drivers of battery electric vehicles (BEVs) utilised on subscription, rideshare, rental and fleet across our network.

Update
May 31, 2021

$0 deposits, configurable assessment premiums and capture the establishment fee upfront

More configurability just landed at your finger tips - $0 deposits, upfront establishment fees and the ability to not offer the assessment premium should you not want to.

Update
April 30, 2021

New reports making more information available at your fingertips

We've just released a set of updated and new reports, making it easier to understand the health of your subscription business.

Update
April 1, 2021

Payouts now self-service and further updates to our pricing algorithm

Update
February 24, 2021

Reminders for upcoming scheduled payments, better document management and improved invoices

We're bringing you even more self-service functionality to enable YOU to power YOUR subscription business from the best subscription platform in the market.

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Flexible mobility solutions for the road ahead