Fintech Insights - Corporate Spend Management Company Float Raises $30 Million
In early November, corporate spend management platform Float announced that it had closed a $30 million Series A funding round, led by Tiger Global. The funding was publicly linked to an aim of creating the best corporate card for the Canadian market, as well as offering the best all-in-one spend management software.
Founded in 2019 by Griffin Keglevich, Rob Khazzam, Ruslan Nikolaev, Float offers a corporate card and spend management solution that allows the management of corporate cards, reimbursements, approvals, and invoices.
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