logo
logo

Floatme Raises $16.2M Series A And Rebrands To Drive Exponential Growth

Jan 31, 2022•over 3 years ago

Amount Raised

$16.2 Million

Round Type

series a

San Antonio

Description

FloatMe, the fast-growing fintech app that's helped Americans save $80M in overdraft fees since launch, today announced the series A funding of $16.2M. This round of funding was led by Foundry Group with participation from ManchesterStory, Active Capital, Samsung Ventures, and notable fintech leaders including Michal Cieplinski from Pipe, Jordan Wright from Atomic, and John Henry from Loop.

Company Information

Company

Float Me

Location

San Antonio, Texas, United States

About

: FloatMe, launched in 2020, is the fintech app serving everyday Americans. Through Floats of up to $50 and a host of budget management tools, FloatMe gives members the ability to avoid aggressive interest rates and improve their short and long term financial situation. For more information visit floatme.com or follow us on Linkedin, Instagram, Facebook and Twitter Contact: FloatMe Press Team press@floatme.com SOURCE FloatMe

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech