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Float

Category
Startup Innovator

Vertical
Consumer Lending

Location
South Africa

Float is redefining the way the world pays with credit. We empower shoppers to use their existing credit card to pay for purchases in up to 12 interest-free monthly instalments, using the credit they already have. In doing so, we help them to avoid revolving balances and heavy interest.

This drives measurable results across the ecosystem: shoppers potentially save £15 in credit card interest per purchase, merchants see average basket sizes increase by 134%*, and banks increase responsible usage of credit cards. Float operates globally across 2,000+ stores, including official Apple distributors, Samsung, Reebok and more.

Team Members

Alex Forsyth-Thompson

Founder

Paul Masson

CFO
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