A South African fintech company that offers a Buy Now, Pay Later (BNPL) solution, allowing consumers to split purchases into monthly installments using existing credit cards.
South African Fintech Float Raises R46 Million to Propel Africa’s Financial Technology Leadership
Float raised R46 million ($2.6 million) in a funding round co-led by Invenfin and Saad Investment Holdings. The company has processed thousands of transactions monthly across over 2,000 partner stores.
South African fintechs unite to simplify in-store instalment payments
Float and Adumo have announced a strategic partnership to simplify in-store installment payments. The collaboration expands Float’s Buy Now, Pay Later (BNPL) solutions to physical stores.
Fintech Collaboration Brings Major Benefits to Consumers & Merchants
Float announces strategic collaboration with Peach Payments. Peach Payments offers various payment methods including BNPL and digital wallets.
Fintech Startup Float Leverages BNPL to Help Lower Need for Credit
Buy now, pay later (BNPL) is a type of short-term financing that allows consumers to make purchases and pay for them over time, usually with no interest. African Startup, Float, allows credit card holders to use their existing credit to split purchases into flexible, interest-free monthly installmen
