
Float Technologies
OperatingCard-linked instalment payments using existing credit
- FinTech
- South Africa
- Funding Round
- Founded 2021
- float.co.za ↗
- Total raised
- $2.6M
- disclosed
- Last round
- $2.6M
- Funding Round · Sep 2025
- Rounds
- 2
- since 2021
About Float Technologies
Float is a South African financial technology company offering card-linked instalment payments. Shoppers split purchases into interest-free, fee-free monthly instalments using their existing credit cards. The platform supports online and in-store merchants and payment links.
Float Technologies funding2 rounds
All 2 rounds →Float Technologies has raised $2.6M across 2 rounds. The latest is a $2.6M Funding Round announced 12 Sep 2025.
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 12 Sep 2025 | Float Technologies Funding Round12 Sep 2025 | Not disclosed | $2.6M |
| 19 Mar 2024 | Float Technologies Revolving credit facility19 Mar 2024 | Not disclosed | Not disclosed |
Float Technologies founders & team
- Alex Forsyth-ThompsonFounder and CEO
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Float Technologies competitorssame sector · similar funding
- FloodCape Town, South Africa
- Lipa PaymentsSandton, South Africa
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Frequently asked about Float Technologies
- Where is Float Technologies based and when was it founded?
- Float Technologies is headquartered in South Africa and was founded in 2021.
- Who founded Float Technologies?
- Founders listed for Float Technologies include Alex Forsyth-Thompson (Founder and CEO).
- Who is the CEO of Float Technologies?
- Alex Forsyth-Thompson is Float Technologies' Founder and CEO.
- How much funding has Float Technologies raised?
- Float Technologies has raised $2.6M across 2 funding rounds. Its latest, a $2.6M Funding Round, was announced on 12 Sep 2025.
- What sector is Float Technologies in?
- Float Technologies operates in FinTech and Payments.