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Float

Float

Banking, payments and spend management in one intelligent platform purpose-built for Canadian businesses.

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Industry
Financial Services
Company size
197 people
Headquarters
Toronto, Ontario
Founded
2019
Type
Privately Held
Total funding
$193.5M

Float is on a mission to simplify business finance in Canada. Trusted by 7,000+ companies, we help finance teams save time, improve compliance, and scale with confidence with corporate cards, bill pay, reimbursements, FX, and more. Float Financial Solutions Inc. is a financial technology company and not a bank. The Float Visa* Prepaid Card is issued by Peoples Trust Company pursuant to a licence from Visa International. Funds associated with the Float Visa Prepaid Card, including funds held in business accounts, are held at one or more Canadian financial institutions that are members of the Canada Deposit Insurance Corporation (“CDIC”) and are eligible for CDIC deposit insurance, subject to applicable coverage limits. For more information, visit cdic.ca. The Float Mastercard® USD Card is issued by Thread Bank, Member FDIC, pursuant to a licence from Mastercard International. Banking services are provided by Thread Bank, Member FDIC. FDIC insurance is available for funds on deposit with Thread Bank, subject to applicable limits and conditions.

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