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FloatMe - About the company

FloatMe is a series A company based in San Antonio (United States), founded in 2018 by Joshua Sanchez, Christopher Brown, Caleb Scott and Ryan Cleary. 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 174 active competitors, including 26 funded and 10 that have exited. Its top competitors include companies like Brigit, Earnin and Empower.

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.
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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
42 as on Mar 31, 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
9714600
Series A
5328251
5704656
4162379
3364562
May 06, 2021
4381969
Conventional Debt
9126720
1230290
6967559
Oct 27, 2020
3412502
Seed
5531037
4225536
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FloatMe's founders and board of directors

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

FloatMe's employee count trend

FloatMe has 42 employees as of Mar 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 Empower. 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
72/100
2nd
Logo for Earnin
Earnin
2012, Palo Alto (United States), Series C
Provider of a platform for accessing earned wages and financial tools
$190M
72/100
3rd
Logo for Empower
Empower
2016, San Francisco (United States), Series B
Financial technology empowering potential with cash advances, credit lines, and credit cards
$174M
67/100
4th
Logo for Wonga
Wonga
2007, London (United Kingdom), Acquired
Provider of short-term and installment loans via an online platform
$158M
64/100
5th
Logo for FloatMe
FloatMe
2018, San Antonio (United States), Series A
Online platform for cash advance loans
$20.2M
60/100
6th
Logo for Circit
Circit
2015, Dublin (Ireland), Series B
Platform designed for auditors to verify assests
$31.3M
56/100
7th
Logo for Yavrio
Yavrio
2022, London (United Kingdom), Seed
Provider of open banking solutions for ERP systems
$3.81M
55/100
8th
Logo for Vola Finance
Vola Finance
2017, Newark (United States), Series A
Developer of an online lending platform
$3.5M
55/100
9th
Logo for OneStack
OneStack
2019, Gurugram (India), Series A
Provider of banking, payment, investment, insurance, and lending technology solutions
$5.46M
55/100
10th
Logo for FinQY
FinQY
2019, Mumbai (India), Seed
Provider of a technology platform for financial product distribution
$3.54M
55/100
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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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