Float Technologies Inc.

Float Technologies Inc.

Float helps you manage cashflow and gives you the credit your business needs to cover operational costs like payroll, inventory, or even marketing expenses. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD927k—1m (Dealroom.co estimates Mar 2020.)
San Francisco California (HQ)
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DateInvestorsAmountRound

$150k

Seed
Total FundingAUD232k

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Float is a financial technology company that provides real-time cashflow management and flexible credit solutions to businesses. Operating in the financial services market, Float serves small to medium-sized enterprises (SMEs) that need to manage their operational costs efficiently. The core product offerings include automated business payments, invoicing workflows, and access to working capital that is more flexible than traditional loans and faster than overdrafts. Float's business model revolves around providing a financial command center that allows businesses to monitor cash flow in real time, make informed financial decisions, and streamline payment processes. Revenue is generated through fees associated with credit services and payment automation tools. By automating invoicing and payment workflows, Float helps businesses save time and reduce manual work, thereby enhancing overall financial efficiency.

Keywords: cashflow management, flexible credit, automated payments, invoicing, SMEs, financial technology, working capital, real-time monitoring, operational costs, financial efficiency.