Tech Company Financing Transactions

Float Africa Funding Round

On 1/27/2022, Float Africa raised $17 million in Seed funding from JAM Fund, Tiger Global Management and Ingressive Capital.

Transaction Overview

Company Name
Announced On
1/27/2022
Transaction Type
Debt
Venture Equity
Amount
$17,000,000
Round
Seed
Investors

JAM Fund (Lead Investor)

Tiger Global Management (Lead Investor)

Ingressive Capital

private investors (Eric Glyman)

private investors (Gregory Rockson)

private investors (Karim Atiyeh)

private investors (Michael Seibel)

private investors (Ross Lipson)

private investors (Sandy Kory)

private investors (Zach Lipson)

MAGIC Fund

Soma Capital

Proceeds Purpose
The company will use the investment to improve its cash management platform and launch new credit products tailored to specific business verticals and industries.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
37 Nii Sai Rd. East Legon
Accra, 00233
Ghana
Phone
Undisclosed
Email Address
Overview
At Float, our vision is to be the financial nervous system of every business. To get there, we're rethinking the modern financial tech stack--making it easier for you to take control of your growth by combining credit, business payments, and financial management into one powerful platform.
Profile
Float Africa LinkedIn Company Profile
Social Media
Float Africa Company Twitter Account
Company News
Float Africa News
Facebook
Float Africa on Facebook
YouTube
Float Africa on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jesse Ghansah
  Jesse Ghansah LinkedIn Profile  Jesse Ghansah Twitter Account  Jesse Ghansah News  Jesse Ghansah on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/27/2022: Wyvern venture capital transaction
Next: 1/27/2022: Curbio venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

Our team works diligently to document tech company VC transactions. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary