FloatPays
App-based platform for earned wages loans
Location: South Africa
Website: https://www.floatpays.co.za/
Sector: Fintech
Funding Stage: Pre-Seed, Venture Round, Seed, Venture Round,
Total Funding ($m): 5.33
# of Founders: 1
Founding Year: 2019
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $0.2m | Pre-Seed | Kepple Africa Ventures, FINCA Ventures |
| 2021 | $0.13m | Venture Round | Y Combinator |
| 2022 | $4m | Seed | Global Founders Capital, Base Capital, FINCA Ventures, Raba Partnership, 4DX Ventures, Founders Factory Africa, Kepple Africa Ventures, Norrsken (accelerator), MFS Investments, Angel Investors |
| 2022 | $1m | Venture Round | Naspers Foundry |
Pre-Seed $0.2m
Kepple Africa Ventures, FINCA VenturesVenture Round $0.13m
Y CombinatorSeed $4m
Global Founders Capital, Base Capital, FINCA Ventures, Raba Partnership, 4DX Ventures, Founders Factory Africa, Kepple Africa Ventures, Norrsken (accelerator), MFS Investments, Angel InvestorsVenture Round $1m
Naspers FoundryNews
https://disrupt-africa.com/2022/02/23/sa-wage-access-startup-floatpays-secures-1m-funding-from-naspers-foundry/