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Float is a mobile-first financial service that offers consumers instant access to a line of credit that they can use with their existing debit card.
Float is an alternative lending platform provides line of credit services to consumers with smart phone application. Float offers personalized credit lines which start from $50 and go up to $1,000.
Mobile based line of credit services for consumers. It helps consumers build resilience, pursue opportunities, and seize life’s moments.
It charges 5% fee on transfer funds and late fee of $15.
It’s an easy way to access credit without the fees, risks, and penalties of traditional borrowing.
$830 K in 2015
Cantwell Muckenfuss III
Kevin Bass(President); Max Klein(CEO); Andy Burke(CTO); Ehud Peleg(CRO)
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