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Float raises $85M Series C to fund future growth
Float raises $85M Series C to fund future growth

Float in the press

Catch up on the latest Float news.

Recent media coverage

We help Canadian businesses of all sizes manage and grow their money. See what all the Float excitement is about.

Unlocking $1.5B in spending power

Float secures nearly $100 million in debt to expand credit products for Canadian businesses.

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Top 26 startups of 2026

Investors are boosting a cohort of ambitious startups focused on solving hard problems for Canada.

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Globe & Mail’s Top Growing Companies

Named the fastest-growing fintech in Canada, coming in at #4 of 400 top companies for 2025.

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Deloitte Technology Fast 50 Winner

Named the fastest-growing fintech in Canada, coming in at #4 of 400 top companies for 2025.

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“Just the beginning” — hybrid chequing/savings accounts

A new addition to the growing suite of Float products, Business Accounts offers up to 4% interest for Canadian businesses.

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Floats rises to top of Canadian startup class

The Globe's Sean Silicoff profiles how Float has kept up its hyper-growth pace, starting 2025 with a Goldman Sachs-led $70M Series B.

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Tech Crunch covers Float’s announcement Series B

How Float plans to use the funds, plus how the company is standing out from its US counterparts like Ramp and Brex.

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SVB strikes $50M debt deal with Toronto fintech Float

US startup lender’s move in Canada comes nearly a year after First Citizens took control.

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How we're making expense reports obsolete

“How I Made It” series on Canadian Business, featuring Co-Founder Ruslan Nikolaev.

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For press opportunities, please email:

press@floatfinancial.com

Recent press releases

In the news
Float Financial Raises CAD $85 Million Series C to Build Canada’s Intelligent Financial Operating System
Float Financial announces a CAD $85 million Series C, led by Inovia Capital with continued investment from Goldman Sachs, raising the company’s valuation 70% as it expands coast to coast and deepens its proprietary AI layer.
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In the news
Float Launches Float Intelligence, Finance AI Purpose-Built for the Canadian Business Efficiency Squeeze
Trained exclusively on real Canadian transactions, Float’s first AI agent outperforms general-purpose LLMs by 28 percentage points, giving businesses back hours they can’t afford to lose in the current economic climate.
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In the news
Float Secures Close to $100M in Funding to Unlock Over $1.5B in Spending Power for Canadian Businesses
New funding from world-class financial institutions, including Silicon Valley Bank, empowers Float to offer the best rates in Canada with up to 4% interest, alongside expanded working capital solutions.
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In the news
Float Launches New Hybrid Business Accounts: Spend Like Chequing, Earn Like Savings (Up to 4%)
Big banks force businesses to choose between access or interest. Float delivers both—4% interest, zero fees and CDIC deposit insurance.
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About Float Financial

Float is Canada's complete business finance platform, combining modern financial services and software to help businesses spend, save and grow. Trusted by more than 7,000 Canadian companies, Float provides corporate cards, expense management, bill payments, high-interest accounts and fast, friendly support.

All built in Canada, for Canada