Float
STATUS: Closed
FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 19/01/2021
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About
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.
MEDICI Analysis
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.
Focus
PRODUCTS & SERVICES
Mobile based line of credit services for consumers. It helps consumers build resilience, pursue opportunities, and seize life’s moments.
REVENUE MODEL
It charges 5% fee on transfer funds and late fee of $15.
MAIN CLIENTS
Retail consumers
COMMENT
It’s an easy way to access credit without the fees, risks, and penalties of traditional borrowing.
Traction
VALUATION / MARKET CAP:
$830 K in 2015
COMPANY TYPE:
For Profit
company provided insights
Web Traffic
MONTHLY VISITS
243
AVERAGE VISITS (6 MONTHS)
104.97
MONTHLY VISITS GROWTH
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VISIT DURATION
4
VISIT DURATION GROWTH
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PAGE VIEWS VISIT
1.36
PAGE VIEWS VISIT GROWTH
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BOUNCE RATE
64.33%
BOUNCE RATE GROWTH
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GLOBAL TRAFFIC RANK
14,208,844
MONTHLY RANK CHANGE
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MONTHLY RANK GROWTH
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