Startups
Float helps you manage cashflow and gives you the credit your business needs to cover operational costs like payroll, inventory, or even marketing expenses.
Overview
Location
Italy, Umbria, Africa
Employees
11-50
Total raised
$17M
Founded date
2020
Investors 6
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Kinfolk Venture Capital | kinfolk.vc | |
| Y Combinator | ycombinator.com | |
| Flucas Ventures | flucasvc.com | |
| Kube VC | kubevc.com | |
| Magic Fund | magic.fund |
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 5
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Feb 10, 2022 | Africa poised for fintech boom as funding momentum builds on record 2021 | By the numbers: Tech funding in Africa grew faster than any other region globally in 2021, reaching a total of $5.2 billion, according to private equity firm Partech. Africa attracted twice as much activity as 2020, with 681 rounds, and the... |
| Jan 17, 2022 | Ghanaian fintech Float raises $17M seed to power cash flow for commerce in Africa | Cash flow is a major pain point for small businesses in Africa. Long payment cycles, which can take 30-90 days after services or products have been rendered, and little or no capital, of which research says 85% of African small and medium b... |
| Jun 9, 2021 | Float wants to provide liquidity to African SMBs in a way never done before | According to research, 85% of African SMBs have zero access to financing, and each day, African SMBs have billions locked up in receivables due to long payment cycles. This leads to cash flow problems that cause businesses to be late on imp... |
| Africa poised for fintech boom as funding momentum builds on record 2021 | By the numbers: Tech funding in Africa grew faster than any other region globally in 2021, reaching a total of $5.2 billion, according to private equity firm Partech. Africa attracted twice as much activity as 2020, with 681 rounds, and the... |
Reviews 0
FAQ about Float
When was Float founded?
Float was founded in 2020.
How much funding has Float raised?
Float has raised $17M in total across 1 funding round.
Who has invested in Float?
Parsers VC lists 6 investors of Float, among them Kinfolk Venture Capital, Y Combinator and Flucas Ventures.
What has the press written about Float?
Parsers VC has collected 5 articles mentioning Float, among them “Africa poised for fintech boom as funding momentum builds on record 2021” (Feb 10, 2022) and “Ghanaian fintech Float raises $17M seed to power cash flow for commerce in Africa” (Jan 17, 2022).
Is Float still active?
Yes, Float is active; its latest activity on Parsers VC dates from Feb 11, 2022.