Float secured R208m funding from Standard Bank to facilitate the rollout of its card-linked instalment platform.
Amount Raised
$208 Million
Round Type
Funding Round
Investors
Description
Float, a BNPL startup, has received R208m funding from Standard Bank to support the accelerated growth plans over the next four years. The funding will facilitate the rollout of its card-linked instalment platform and bolster its market position.
Quick answer
Float raised $208 Million in a Funding Round round, dated March 20, 2024. Investors: Standard Bank.
- How much did Float raise?
- Float raised $208 Million in a Funding Round round on March 20, 2024.
- Who invested in Float?
- Standard Bank is named as investors in this round.
- What does Float do?
- Float is transforming credit to work for shoppers, not against them.
- Where is Float based and how big is it?
- Fundz records about 22 employees.
- Who are the decision-makers at Float?
- Fundz holds 2 contacts at Float. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who to call at Float, and when
A new round usually means Float is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Float raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Float, from your own LinkedIn network
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Related People
Float raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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