Float Financial

About Float Financial

Float is a modern business expense management and corporate card provider for Canadian companies. It aims to simplify business spending with smart corporate cards, expense management software, bill payments, and high-yield accounts offering up to 4% interest, helping businesses grow by automating spending processes and providing financial control.

Products & Services

Corporate Cards:High-limit corporate cards with no personal guarantees, issued instantly in CAD and USD, offering up to $1M limits and 1% cashback.

Expense Management:Software to approve, manage, and code team spending without manual entry, enabling faster book closure.

Bill Payments:Automated accounts payable process to import, approve, and pay bills from one platform.

Reimbursements:Streamlined process for managing employee reimbursements.

High Yield Accounts:Accounts earning up to 4% interest automatically with no lockups or hassles.

Foreign Exchange:Services for handling currency exchange needs.

Charge:Business credit solutions for additional financial flexibility.

Accounting Automations:Tools to automate bookkeeping for a simpler month-end process.

Reporting & Insights:Real-time visibility into spending with intuitive reports.

Security:Enterprise-level security features to protect company data.

Mobile App:A mobile application for managing finances on the go.

Specialties

Corporate Cards Expense Management Bill Payments High Yield Accounts Accounting Automation Real-time Spend Insights

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series B T: - FT: Series B	A: 70000000 MR: - FA: CAD$70 million FAN: 70000000	D: 2025-01-13 FD: 2025-01-13	5 investors

Series B Latest

2025-01-13

$70.0M

5 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

D

David Freiman

Head of Engineering

G

Griffin Keglevich

Co-Founder

J

Josh Ruff

Head of Revenue

R

Rob Khazzam

CEO & Co-Founder

R

Ruslan Nikolaev

Co-Founder

B

Bhavin Shah

CTO

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Recent News

Float Financial Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised