Float secured R208m funding from Standard Bank to facilitate the rollout of its card-linked instalment platform.

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At Float, we believe in a world where credit works for shoppers and not against them. Float offers shoppers a smarter way to pay with their credit card – by splitting big purchases in up to 24 bite-size, interest-free monthly payments. It’s all the perks of credit cards, but none of the cons. No extra credit, no applications, no credit checks – and no catch. Just shopping joy on their terms. At the same time, Float merchants enjoy more than 80% bigger orders and radically improved conversions. They also get direct access to 5 million pre-approved shoppers. Float’s instalment offering is fully customisable, giving merchants more control and flexibility than ever before. It’s all made possible by Float’s innovative technology, built on what we call ‘head-in-the-sky, feet-on-the-ground’ thinking. By giving their shoppers the most flexible, frictionless and financially responsible way to shop, merchants are partnering with us to build a new economy - where buying BIG, means paying small. Welcome to Float.