Float

Our very own Andrew Dale will be speaking at #momentum2024 today, sharing his viewpoints on how together, we can build a modern financial experience in Canada. Read a bit more about our vision for the future in Canada in our SMB Manifesto 👉 https://lnkd.in/gRdUCjdC

Earlier this week, we revealed groundbreaking findings from our latest study on the major financial hurdles SMBs are facing—and why they exist. Now, we're bringing those insights straight to you with a live panel. Join us on November 20 to learn: 💡 How the issues your business faces stack up against the rest 💡 Practical examples of how other SMBs are tackling their financial challenges Can't attend live? No worries—sign up and get the recording, plus submit your questions in advance for the Q&A! Register: https://lnkd.in/gk3tzs_t

A new survey by Float reveals that while 87% of Canadian small and medium businesses (SMBs) are confident in their performance, many face cash flow issues, operational inefficiencies, and outdated banking tools. 🚨 Key challenges include: - Two-thirds of SMBs struggle with cash flow - Traditional banks offer poor customer service, high fees, and outdated processes - 43% lack visibility into their cash flow 💡 Opportunity for innovation: Float’s CEO, Rob Khazzam, emphasizes the urgent need for fintechs to step up and provide integrated solutions that are faster, more accessible, and easier to use. #SMBfinance #Fintech

Yesterday the Bank of Canada cut interest rates by 50bp 👏 This is great news, but it's only a step in the right direction. Our latest survey of nearly 700 Canadian SMBs uncovers that businesses need the right technology and increased access to capital, as well as earnings on their money. Our financial system in Canada is dominated by a few key players that don't always prioritize our 1.2 million small businesses. While a rate cut is healthy, there's so much more we need to demand. Read about more of the challenges, and key drivers, we discovered at this link 👉 https://lnkd.in/gUZusnBV (don't worry, it's free, no email required). It's time to demand more, Canada. 

Canada’s financial services are inadequate for small businesses. They’re outdated, slow, and designed for large institutions, leaving entrepreneurs and SMBs struggling with processes that cost time, money, and opportunity. We believe small businesses deserve financial solutions that work for them—offering speed, access, and ease. That’s why Float is releasing a manifesto for Canadian SMBs: a bold vision for a financial future where businesses like yours can thrive. It’s time for a financial solution that finally matches your ambition. Join the movement. Read more about what we believe SMBs need to manage their cash flow in a modern age. Let’s build this future together. https://lnkd.in/gJENBKxW #SMBs #FinancialInnovation #FutureofFinance #Manifesto #BusinessGrowth #Float

Thanks TechTO! Float has been named one of TechTO's Canadian Rocketships 🚀 for 2024, based on our innovation and impact in the Canadian tech ecosystem. This recognition comes just as Small Business Week kicks off in Canada. We're proud to empower SMBs with financial solutions that help them grow, innovate, and thrive. And we’re just getting started. If you're interested in learning a bit more about Float, visit us at floatfinancial.com P.S can we tempt you with 5% interest by chance? 👉 https://lnkd.in/gBVUfbp8 #CanadianRocketships #SmallBusinessWeek #Innovation #FloatFinancial

Groundbreaking offer alert 📣 Instead of decreasing your interest rate, at Float we’ve decided to offer 5% interest! Businesses who sign up for Float or pay their first bill by Dec 1, 2024, will qualify for 5% interest until Mar 31, 2025. That’s up to 3x vs a bank. You deserve a business finance solution that has your best INTEREST at heart 😉 https://lnkd.in/gVJ5uh-c Terms and conditions apply. See website for details.

Our newest campaign is rolling out across Toronto and Calgary, let us know if you spot any of our ads (this time, there's no typos. We checked). P.S did you know Float offers 4% interest for your business? Yes, really. Find out more: https://lnkd.in/e4AgkR_x)

What a week! We are proud to share that Float is #3 on the The Globe and Mail's Top Growing Companies list 🎉 We couldn't be more proud and honoured to be a part of both this and Linkedin's announcement earlier this week. Our growth is evidence that Canadians are in dire need of modern solutions to age-old pains with our current financial system. We're thrilled to be named on this list next to amazing companies like Neo Financial, and we're just getting started 💪   If you haven't already, check out our latest product Bill Pay, which just became widely available this September. And keep your eyes peeled for our newest marketing campaign coming to a billboard (or streetcar...) near you. Learn more at https://lnkd.in/gq5gtwT7 or read all about it here: https://lnkd.in/gtsUS559

Thanks for the feature BetaKit 😀 Great to see Cohere, alongside Float, leading the Linkedin Top Canadian Startups list this year! What’s even more special? Cohere is a Float customer, trusting us with their spend management as they continue to innovate. This milestone reflects the power of innovation in Canada’s tech ecosystem. https://lnkd.in/gEXfD-QB #CanadianTech #Linkedintopstartups #Fintech #CDNTech