Company Overview
Floatpays is a Cape Town-based fintech company that provides on-demand wage access solutions, enabling African employees to access their earned wages before payday without incurring debt or interest charges. Founded in 2019, the company raised $5.96M in 2022 from investors including Raba Partnership and partners with employers across South Africa and the African continent to offer instant wage access as an employee benefit. Floatpays integrates with payroll systems to deliver financial wellness tools and flexible pay schedules that improve employee retention.
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Emerging Innovator
Floatpays is an emerging player bringing innovative solutions to the Finance market.
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