Float Technologies

Float Technologies

Private
JohannesburgFinTechhttps://float.co.za

Last Round

Early Funding

Sep 10, 2025

Total Funding Raised

$13.6M

Momentum Score

50 /100

Company Overview

Float Technologies is a fintech company that operates a card-linked installment platform allowing shoppers to split purchases into interest-free monthly payments.

Sector

FinTech

Verticals

BNPL, Digital Payments, Lending & Credit, Retail Technology

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Subscription SaaS, Freemium

AI Layer

Non-AI

Keywords

buy now, pay laterBNPLcorporate spend managementcorporate cardsexpense managementcard-linked BNPLinstallment paymentssplit paymentsinterest-free installmentsspendtechpoint of sale financingmerchant feesbill paymentsreimbursements

Historical Pricing

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Caplight Momentum Score

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Float Technologies Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Float Technologies Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingSep 10, 2025
DebtMar 20, 2024

Key People

Founding team and executive leadership

Paul Ian Masson CA

Chief Financial Officer

Executive Team

FMVA® Toni Versfeld

Chief Operating Officer

Executive Team

Float Technologies Investors

Notable investors and investment history

InvestorRounds
Lighthouse Venture PartnersEarly Funding
SAAD Investment HoldingsEarly Funding
InvenfinEarly Funding
Platform Investment PartnersEarly Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 10, 2025

    Raised $2.6M in early funding.

  • Jun 23, 2025

    Partnered with Adumo to offer Buy Now, Pay Later in physical stores.

Float Technologies Filings

SEC and related filings with document metadata.

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Float Technologies Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersJohannesburg
Employee Range23
Year Founded2020
Last FundingSep 10, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.