Float

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Float is a fintech startup offering Africa’s first card-linked instalment platform. Unlike traditional Buy Now, Pay Later (BNPL) models, Float allows consumers to split purchases into interest-free, fee-free instalments using their existing credit card limits—no new credit issued, no late fees, no paperwork.


Location: South Africa
Website: https://www.float.co.za/
Sector: Finance
Funding Stage: Venture Round,
Total Funding ($m): 2.6
# of Founders: 1
Founding Year: 2021
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2025$2.6mVenture RoundInvenfin, SAAD Investment Holdings
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Alex Forsyth-Thompson
Founder & CEO
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Venture Round $2.6m
Invenfin, SAAD Investment Holdings



News
https://empowerafrica.com/south-african-fintech-float-raises-2-6-million-to-accelerate-expansion/