Float: Funding, Investors & Team (Sep 2026)
Float offers a unique way for shoppers to use their credit cards by allowing them to split large purchases into interest-free monthly payments. With no extra debt, applications, or credit checks, shoppers can enjoy the benefits of credit cards without any drawbacks. Merchants who use Float see larger orders and improved conversions, as well as access to a pool of pre-approved shoppers. The instalment offering is customizable, giving merchants more control and flexibility. Float's technology and approach to shopping aim to create a more responsible and seamless shopping experience for both shoppers and merchants, ultimately shaping a new economy where big purchases can be paid off in smaller increments.
Float has raised $13.1M across 2 funding rounds on record, the most recent a Seed of $2.6M announced in Sep 2025.
That round is below the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Float Company Profile and Key Stats
Latest funding round on record: Sep 2025.
Float Funding Rounds
Float raised $10.5M in an undisclosed round announced in Mar 2024.
1.5 years later, a Seed of $2.6M was announced in Sep 2025.
Float Founders and Leadership Team
Contact details for the Float team: 1 of 2 have an email address on file, 1 has a LinkedIn profile.
Start 14-day free trial →Float Funding Compared to Other Commerce and Shopping Startups
Float's latest round of $2.6M is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Float in Commerce and Shopping and Johannesburg
Companies Similar to Float
LittleFish was founded with the goal of promoting more satisfying, approachable, and consistently useful…
Happy Pay is a company that creates credit scoring systems. They use artificial intelligence technology to…
NFTfi is a platform where NFT owners can use their NFT assets as collateral to borrow cryptocurrency from…
Peach Payments provides payment solutions to online and mobile businesses enabling them to easily accept…
Online home services platform that connects homeowners with trusted service professionals. SweepSouth aims to…
Find, compare and buy industrial supplies from leading international and local suppliers in a snap.
The World’s First Complete Business EcoSystem. Home | Book online appointments in our marketplace for…
Rally gives ecommerce merchants the freedom to build a checkout experience that reflects their brand. We are…
Founded in 2012, ChargeItSpot® products have revolutionized the world of mobile device management, charging,…
KidzToPros is a company that offers and connects students with extracurricular activities outside of regular…
M Village is a community for contemporary residents who share living and working spaces, created in 2020 by…
StoreHub Sdn Bhd (1072290-D) is a platform that helps retailers and restaurants in Southeast Asia automate…
Float Funding FAQs
What does Float do?
Float offers a unique way for shoppers to use their credit cards by allowing them to split large purchases into interest-free monthly payments. With no extra debt, applications, or credit checks, shoppers can enjoy the benefits of credit cards without any drawbacks. Merchants who use Float see larger orders and improved conversions, as well as access to a pool of pre-approved shoppers. The instalment offering is customizable, giving merchants more control and flexibility. Float's technology and approach to shopping aim to create a more responsible and seamless shopping experience for both shoppers and merchants, ultimately shaping a new economy where big purchases can be paid off in smaller increments.
How much funding has Float raised?
Float has raised $13.1M across 2 rounds on record. The most recent is a Seed of $2.6M announced in Sep 2025.
When did Float last raise funding?
Float's most recent funding round on record is a Seed of $2.6M, announced in Sep 2025.
Who founded Float?
FundedIQ lists Keegan Foreman (Founder) at Float.
Where is Float headquartered?
Float is based in Johannesburg, Na - South Africa, South Africa.
How many employees does Float have?
Float is in the 1-10 employee band.
How does Float's funding compare to other Commerce and Shopping startups?
Float's latest round of $2.6M is below the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Float Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Float is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.