Float Financial raises C$85m Series C
Inovia Capital, Goldman Sachs Alternatives, Garage Capital, BDC Capital and Northleaf participated in the June financing.
Float Financial raised C$85 million in Series C financing on June 24. Participants included Inovia Capital, Goldman Sachs Alternatives, Garage Capital, BDC Capital and Northleaf.
The equity announcement follows a separate C$100 million debt-financing announcement in January. Float provides Canadian businesses with cards, payments, accounts and expense-management tools.