Float
Curated by SignalFintech platform offering non-dilutive funding for business growth.
Overview
Float operates within the fintech sector by offering trade finance solutions focused on working capital loans. The platform provides non-dilutive funding to businesses based in the United States, allowing them to obtain upfront capital based on projected future revenue without incurring debt or giving up equity. The company targets businesses with significant annual revenue and adequate runway. Float aims to simplify the application process through a digital platform that facilitates quick onboarding and immediate access to funding terms. The platform automates repayments and utilizes a marketplace of investors to address the need for liquidity in business operations, which may support growth while potentially reducing financial risk for business owners.
Key facts
- Founded
- 2019
- Headquarters
- Cape Town, South Africa
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
- Primary office
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