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FloatMe - About the company

FloatMe is a series A company based in San Antonio (United States), founded in 2018 by Christopher Brown and Joshua Sanchez. It operates as an Online platform for cash advance loans. FloatMe has raised $20.2M in funding from investors like ManchesterStory Group, Comeback Capital and Foundry. The company has 66 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like Brigit, Earnin and Beem.

Company Details

Online platform for cash advance loans. It is a direct lender offering cash advance loans to individuals with customized terms, amounts, and repayment options. It uses open banking technology enabling users to connect multiple bank accounts for obtaining expenditure insights.
Social
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Email ID
*****@floatme.io
Registered Address
110 E Houston St. 7th Floor, San Antonio, TX 78205.
Key Metrics
Founded Year
2018
Location
San Antonio, United States
Stage
Series A
Total Funding
$20.2M in 6 rounds
Latest Funding Round
Ranked
Employee Count
47 as on Sep 30, 2026
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FloatMe's funding and investors

FloatMe has raised a total funding of $20.2M over 6 rounds. Its first funding round was on May 15, 2019. Its latest funding round was a Series A round on Jan 31, 2022 for $*****. 7 investors participated in its latest round. FloatMe has 14 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of FloatMe:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 31, 2022
7124578
Series A
6490438
2721804
4811530
9031089
May 06, 2021
4617565
Conventional Debt
5729688
8357801
3993031
Oct 27, 2020
7791810
Seed
8354944
9839699
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FloatMe's founders and board of directors

Founder? Claim Profile
The founders of FloatMe are Christopher Brown and Joshua Sanchez. Joshua Sanchez is the CEO of FloatMe.
Here are the details of FloatMe's key team members:

FloatMe's employee count trend

FloatMe has 47 employees as of Sep 26. Here is FloatMe's employee count trend over the years:
Employee count trend for FloatMe
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FloatMe's Competitors and alternates

Top competitors of FloatMe include Brigit, Earnin and Beem. Here is the list of Top 10 competitors of FloatMe, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Brigit
Brigit
2017, New York City (United States), Acquired
Mobile application offereing loans
$38M
75/100
2nd
Logo for Earnin
Earnin
2012, Palo Alto (United States), Series C
Provider of a platform for accessing earned wages and financial tools
$190M
73/100
3rd
Logo for Beem
Beem
2006, San Francisco (United States), Seed
Cash advance app for emergencies
$7M
63/100
4th
Logo for Ualett
Ualett
2018, Wilmington (United States), Funding Raised
Provider of financial tools and cash advance services for independent workers
-
57/100
5th
Logo for FloatMe
FloatMe
2018, San Antonio (United States), Series A
Online platform for cash advance loans
$20.2M
55/100
6th
Logo for Vola Finance
Vola Finance
2017, Newark (United States), Series A
Developer of an online lending platform
$3.5M
50/100
7th
Logo for Empower
Empower
2016, San Francisco (United States), Series B
Financial technology empowering potential with cash advances, credit lines, and credit cards
$174M
50/100
8th
Logo for Fig Loans
Fig Loans
2014, Sugar Land (United States), Seed
Offers installment loans as a payday loan alternative
$4.73M
45/100
9th
Logo for Dorothy
Dorothy
2020, Philadelphia (United States), Seed
Online marketplace for cash advances focused on disaster occurrence
$150K
40/100
10th
Logo for Plain Green Loans
Plain Green Loans
2011, Great Falls (United States), Unfunded
Online lender of payday loans
-
-
30/100
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FloatMe's Investments and acquisitions

FloatMe has made no investments or acquisitions yet.

Reports related to FloatMe

Here is the latest report on FloatMe's sector:

News related to FloatMe

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FAQs about FloatMe

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