# Loofta

> Send USDC to anyone with an email or @handle.

Loofta is a social payments platform. It lets users send crypto to anyone by email address or social handle, and recipients claim in tokens or cash out to a bank account or payment app.

Loofta is a social payments platform that lets users send crypto to anyone using an email address or social handle. Recipients claim the funds through a link without needing a wallet or account. Senders can optionally route a payment through a shielded mode that hides the link between sender and recipient.

Recipients choose to hold the funds in a range of supported tokens or cash out to a bank account or payment app in their own currency. Payers can send whichever token they hold, and the recipient receives the asset they specified. Funds stay under the user's own custody rather than with Loofta.

Loofta Pay is the flagship product, covering direct sends, payment links, a Telegram bot, and escrow-funded giveaways. Businesses can embed the same rails through a drop-in SDK and hosted checkout. It is used by creators, freelancers, communities, and distributed teams that pay contributors across borders.

- Type: Company
- Sector: Payments
- Status: Active
- Founded: 2024-08-01
- Profile: https://thegrid.id/profiles/loofta

## Products

- [Loofta Pay](https://thegrid.id/profiles/loofta): Loofta Pay is a non-custodial payment app that lets users send crypto to an email address or social handle instead of a wallet address. Recipients claim through a link and hold the funds in a range of tokens or cash out to a bank account or payment app, while senders can enable a shielded mode that hides the amount and counterparty. It also provides payment links, a Telegram bot, giveaways, and an SDK with hosted checkout for businesses. (Peer to Peer & Remittance, Live, Main Product)

## Links

- [Main](https://loofta.com)
- [Documentation](https://loofta.gitbook.io/docs)
- [Terms of Service](https://pay.loofta.com/terms)
- [Privacy policy](https://pay.loofta.com/privacy)
- [Blog](https://pay.loofta.com/blog)
- [Twitter / X](https://x.com/looftaxyz)
- [Telegram](https://t.me/loofta)
- [Medium](https://medium.com/@looftaxyz)
- [Twitter / X](https://x.com/looftapay)
- [Telegram](https://t.me/looftapay)

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP