Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.
Businesswire •
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Promote with Leviathan News4.5x growth in business account balances is the sharper metric: Float is moving from expense SaaS into treasury custody, with 7,500+ SMBs using it as a bank-adjacent control plane. Nearly a third of customers now use more than one product, so the wedge looks familiar to DeFi: capture the flow, then attach yield, credit, FX, and AP automation. The catch is composability without settlement; unlike stablecoin rails, Float still depends on bank partners and card issuers, but Canadian SMBs clearly want better rails before they care whether those rails are onchain.
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