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Is looch a bank?

looch is operated by Simplicity Fintech Inc, a financial technology company, not a bank, and a looch profile includes no-fee accounts.

Written by Chelsea

looch is operated by Simplicity Fintech Inc, a financial technology company, not a bank. A looch profile holds a business’ accounts, including no-fee accounts with account and routing numbers. looch accounts are eligible for FDIC pass-through deposit insurance¹. looch accounts include Primary Business, Tax Stash, Contact Facing, and Payments.

Last verified: September 30th, 2026.

Find and copy your account details

  1. Tap the ring in the middle of the nav bar to open the looch menu.

  2. Tap 'Accounts'.

  3. Tap 'looch accounts'.

  4. Under 'Primary Business · Business checking', tap 'Account info'.

  5. Confirm with Face ID, fingerprint or passcode.

  6. Tap the copy button beside 'Routing number' or 'Primary Business account number'.

The Accounts screen in the looch app shows the looch accounts and External accounts rows.
The looch accounts screen in the looch app shows Primary Business, Tax Stash, Contact Facing, and Payments with their Account info and Statements rows.
The Account info:Primary Business screen in the looch app shows Launchpad Technologies LLC, the routing number, and the Primary Business account number with copy buttons.

Your profile includes four no-fee accounts

  • Primary Business · Business checking

  • Tax Stash · Estimated quarterly taxes

  • Contact Facing

  • Payments · Accounts payable clearing

Primary Business, Tax Stash, and Contact Facing each have their own routing number and account number on 'Account info'. Every account also has a 'Statements' row. looch covers more about no-fee business accounts for a new LLC.

Deposit insurance eligibility has requirements

looch accounts are eligible for FDIC pass-through deposit insurance¹.

Common questions about looch accounts

Is my money in looch FDIC insured?

looch accounts are eligible for FDIC pass-through deposit insurance¹.

Who runs looch?

looch is operated by Simplicity Fintech Inc, a financial technology company, not a bank.

Does looch give my business a routing number and account number?

looch shows a routing number and account number for Primary Business, Tax Stash, and Contact Facing on each account’s 'Account info' screen.

Does looch charge fees on its accounts?

A looch profile includes no-fee accounts. looch lists the included accounts and fees on its pricing page.

Simplicity Fintech Inc partners with Stripe Payments Company for money transmission services and account services with funds held at Fifth Third Bank N.A., Member FDIC.

1. looch accounts are eligible for FDIC pass-through deposit insurance if they meet certain requirements. The accounts are eligible only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. The FDIC insurance applies up to $250,000 USD per depositor, per financial institution, for deposits held in the same ownership capacity. Neither Simplicity Fintech Inc nor its financial technology partners are FDIC-insured institutions. FDIC’s deposit insurance coverage only protects against the failure of an FDIC-insured depository institution.

About looch

Get the most out of looch, the financial operating system for your business. looch is a mobile app available on the App Store and Google Play.

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