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Float

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Lending-as-a-service platform offering flexible, interest-free payment solutions.

Overview

Float operates as a lending-as-a-service platform that offers a payment service allowing customers to make purchases using their existing Visa or Mastercard credit cards in interest-free, fee-free monthly installments. The service is applicable to various product categories and featured stores, providing a payment option for consumers and assisting merchants in increasing their sales. The platform aims to address the demand for convenient payment solutions, enabling users to manage their finances. Float's model does not require applications or credit checks, which may enhance accessibility and allows customers to continue earning reward points.

Key facts

Founded
2020

Business model

Contact

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Competitors & similar companies

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About Float

What does Float do?

Float operates as a lending-as-a-service platform that offers a payment service allowing customers to make purchases using their existing Visa or Mastercard credit cards in interest-free, fee-free monthly installments.

Where is Float headquartered?

Float is headquartered in Rosebank, South Africa.

When was Float founded?

Float was founded in 2020.

Which sector is Float in?

Float operates in Digital Lending, part of Financial Technology.

Who are Float's competitors?

Companies similar to Float include SweetPay, Credia, and [credi2].