Float helps you manage cashflow and gives you the credit your business needs to cover operational costs like payroll, inventory, or even marketing expenses.
Location: Italy, Umbria, Africa
Employees: 11-50
Total raised: $17M
Founded date: 2020
Investors 6
| Date | Name | Website |
| - | Ingressive... | ingressive... |
| - | Kinfolk Ve... | kinfolk.vc |
| - | Y Combinat... | ycombinato... |
| - | Flucas Ven... | flucasvc.c... |
| - | Kube VC | kubevc.com |
| - | Magic Fund | magic.fund |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 17.01.2022 | Seed | $17M | - |
Mentions in press and media 5
| Date | Title | Description |
| 11.02.2022 | 11 African startups to watch out for in 2022 | It’s safe to say the Africa startup ecosystem came full circle last year with a record-breaking number of new innovative startups and huge investment to match it. If innovation is a reflection of economic, social, and technological advancem... |
| 10.02.2022 | 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... |
| 17.01.2022 | 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... |
| 09.06.2021 | 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... |