Float, a rapidly growing Canadian fintech, has unveiled “Float Yield,” a high-yield product for Canadian SMBs. This offering provides businesses with up to 2.7 times the interest rates on their cash balances compared to conventional banks, available in both CAD and USD.
Float is the first Canadian fintech to extend these rates from the first dollar, bringing significant value to thousands of SMBs in a challenging economic climate.
With inflation impacting one in six Canadian SMEs, Float CEO Rob Khazzam emphasizes the platform’s mission to simplify corporate finances. Float Yield aims to empower businesses with attractive returns and financial flexibility.
Want to know more? Check out the source code on Fintech.ca.