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Float

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Float is a Ghanaian cashflow and cash management platform for SMBs in Africa
Money in Hand

Total fundings

$17,000,000.00

Parent group

FinTech

Ranking

Rank

206

Overview
Float is a Ghanaian cashflow and cash management platform for SMBs in Africa
Cash Flow Management
FinTech
Financial Services
SMB
FinTech
Acquired
Country
State
City
Accra
Year Founded
2020
Employee Range
2-10
Latest updates
Floating Wind Power Market Size to Hit Around USD 69.8 Bn by 2030 - GlobeNewswire

Float Glass Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) - GlobeNewswire

Floating Power Plant Global Market Report 2022 - GlobeNewswire

Floating LNG Terminal Rates Spike in Europe on Ship Shortage - Bloomberg

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About Float

Float is a Ghanaian cashflow and cash management platform for Small and Medium-scale Businesses (SMB) in Africa. We're building next-gen financial software and credit products for businesses in Africa. We’re rethinking the modern financial tech stack—making it easier for you to take control of your growth by combining credit, business payments, and financial management into one powerful platform. There are at least 44 million formal SMBs in Africa. 71% of them require more finance to grow their businesses than they can currently access. To address this problem, Float is building a new, automated way for creditworthy businesses like yours to access the fast and flexible working capital they need to grow. We're not only providing you with quick access to working capital for your businesses, but we are also eliminating the hassle of managing invoices, collecting payments and paying vendors.

Float's Team

With over 2 years experience across the board, Float is led by a team that challenges the status quo
Jesse Ghansah's photo

Float's funding history

Total raised
$17,000,000.00
Latest Round
Debt Financing
No. of Investors
14
RoundDateAmount RaisedInvestors
SeedJan 17, 2022 $7,000,000.00 Tiger Global (Lead), JAM Fund (Lead), Kinfolk , Soma Capital , Ingressive Capital , Magic Fund , Michael Seibel , Sandy Kory , Karim Atiyeh , Eric Glyman , Gregory Rockson , Zach Lipson , Ross Lipson
Debt FinancingJan 17, 2022 $10,000,000.00 Cauris

Float’s technology stack

Float uses over 3 web technology tools on its website. They include tools like hosting, SSL, javascript among others

Hosting

27 technologies used

cloud-hosting

cloud-paas

us-hosting

cloud-hosting

Ssl

9 technologies used

root-authority

root-authority

root-authority

root-authority

Javascript

18 technologies used

framework

javascript-library

framework

javascript-library

Float's trends and social media stats

Dec. 2020Dec. 2020Jan. 2021Jan. 2021Feb. 2021Feb. 2021Mar. 2021Mar. 202172009000178008500Alexa Web traffic200002000016000160001200012000800080004000400000

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