South African card-linked instalment platform Float has expanded to the UK. South African card-linked instalment platform Float has launched its service in the UK, backed by the UK government’s global entrepreneur programme. Launched in SA in 2021, Float enables consumers to split any purchase into up to 24 interest-free and fee-free monthly instalments, using the…
Optasia CEO Salvador Anglada. Image: Supplied Optasia, a fintech company partly owned by Ethos Capital, plans to list on the JSE and raise up to R6.3-billion by selling a combination of new and existing shares. The company, which operates AI-powered financial services in 38 countries, will raise about R1.3-billion in a lsiting and also hold…
Float founder and CEO Alex Forsyth-Thompson South African fintech start-up Float has raised US$2.6-million (R46-million) in new funding for local expansion, to enhance its proprietary technology and to prepare for international growth. The four-year-old card-linked instalment platform currently serves about 2 000 retail stores and processes thousands of high-value transactions monthly, with average order values…
