Toronto-based Float Financial has raised $70 million in Series B funding, led by Growth Equity at Goldman Sachs Alternatives. This brings Float’s total funding to $120 million in the past year.
Founded to modernize Canadian business finance, Float has grown its payment volume 15-fold and credit issuance 140-fold since 2021. Clients include Jane Software and Knix. The funding will support product expansion, talent acquisition, and nationwide growth. CEO Rob Khazzam emphasized empowering Canadian businesses with advanced financial tools.
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