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Float

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Short description
Installment payments platform for merchants, that allows shoppers to split card payments into flexible, interest-free monthly payments.
Description
At Float, we believe in a world where credit works for shoppers and not against them. Float offers shoppers a smarter way to pay with their credit card – by splitting big purchases in up to 24 bite-size, interest-free monthly payments. It’s all the perks of credit cards, but none of the cons. No extra debt, no applications, no credit checks – and no catch. Just shopping joy on their terms. At the same time, Float merchants enjoy more than 80% bigger orders and radically improved conversions. They also get direct access to 5 million pre-approved shoppers. Float’s instalment offering is fully customisable, giving merchants more control and flexibility than ever before. It’s all made possible by Float’s innovative technology, built on what we call ‘head-in-the-sky, feet-on-the-ground’ thinking. By giving their shoppers the most flexible, frictionless and financially responsible way to shop, merchants are partnering with us to build a new economy - where buying BIG, means paying small. Welcome to Float.
Total funding
$$3123123
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Location
Johannesburg, NA - South Africa, South Africa, Africa
Founded on
December 16, 2020
Non-profit?
No
Acquired?
No
Employees count
1-10
Revenue range
$1230 - 4560
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Investors
Cannot Access
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