Get the latest tech news
Float Financial, which aims to be the Brex of Canada, lands US$48.5M Series B
Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round.
Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. Goldman Sachs Growth Equity led the financing, which included participation from OMERS Ventures, FJ Labs, Teralys and existing investor Garage Capital. Laura Lenz, partner at OMERS Ventures, believes that Float’s “ability to work within the Canadian regulatory framework and…understand the nuances of this market” is critical to its success.
Or read this on TechCrunch
