Float is building a team in Sydney to target the ANZ market.
In Brief:
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This follows a £1.5mn seed funding round.
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The FinTech will hire 12 people across Sydney.
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Float provides forecasting software.
What does this mean?
The funding is being used to expand its operations with ANZ a key focus – the FinTech will hire sales, product development and marketing teams. Float’s tool helps businesses with cash flow management and is therefore a vital service for SMEs.