6 years ago

Float Raises £1.5 Million Seed Round to Fuel International Growth

  • Float, an award-winning cash flow service, has secured £1.5 million in a seed round led by Marchmont Ventures

  • The funding will support Float's international expansion, starting with a new office in Australia

  • The company will also focus on enhancing its cash flow forecasting solution for accounting firms

  • Float's platform provides real-time cash flow insights and scenario planning tools, helping businesses make better financial decisions.

      • ProblemTechnology

      "Small and medium-sized businesses (SMEs) struggle with cash flow management, which is crucial for their survival and success. This is a major concern for business owners, often keeping them up at night."

      Solution

      "Float provides a highly accurate cash flow forecasting and budgeting solution for SMEs and accounting firms. It integrates with popular accounting software like Xero, QuickBooks Online, and FreeAgent, enabling real-time cash status monitoring, reporting, decision-making, and planning. Float also offers 'what-if scenarios' to help users understand the financial impact of business decisions."

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