Float Financial Solutions Inc.
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Float Financial Solutions Inc. - overview
Established
2019
Location
Toronto, ON, Canada
Primary Industry
Financial Services
About
Founded in 2019 and based in Toronto, Ontario, Canada, Float Financial Solutions Inc. operates as a financial technology company that provides corporate credit cards for small and medium-sized businesses. Rob Khazzam (CEO), Ruslan Nikolaev, and Griffin Keglevich are the co-founders of the company. In January 2026, Float Financial Solutions Inc.
raised USD 100 million in venture debt funding from investor Silicon Valley Bank. The company offers an all-in-one business finance platform designed to streamline corporate spending for Canadian companies. The firm’s platform provides smart corporate cards, bill pay, and reimbursement solutions, enabling businesses to manage expenses in both CAD and USD. Float integrates features such as expense tracking, high-yield accounts, and accounting automation.
The company’s platform allows users to benefit from 1% cashback on card spend and 4% interest on funds held. In addition, the firm also provides a mobile application that allows customers to manage and track expenses. The startup generates revenue through its pricing plans, which include the professional pricing plan for CAD 10 per user per month. The company will use the January 2026 funding to expand its high-yield business accounts, raise interest rates, and scale its Charge working capital product.
Current Investors
Golden Ventures, Global Founders Capital, Susa Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.floatfinancial.com
Verticals
FinTech, Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only
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