FloatMe: A fintech app offering 'floats' and PFM tools, saving Americans $100M in fees.
Location
San Antonio, TX, US
Founded
2018
FloatMe is a fintech app dedicated to providing financial relief and personal finance management (PFM) tools to Americans. By offering 'floats'—small, short-term advances up to $50—FloatMe helps users cover emergencies without the risk of overdraft fees or credit checks. The app has saved its users $100 million in fees since its launch, and new members can receive funds within three days or expedite the process for a small fee.
The app has garnered high user ratings, with 4.8 stars from 73.6K ratings on Apple and 4.5 stars from 45.3K ratings on Android. FloatMe leverages Plaid to securely connect users' bank accounts, ensuring a seamless and secure user experience. The company emphasizes responsible lending by advancing only amounts that users can easily repay, thus reducing financial stress and promoting better financial habits.
FloatMe - Classification
Also Known As
FloatMe, Corp.
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
8700Engineering, Accounting, Research, Management, And Related Services
8740Management And Public Relations Services
8742Management Consulting Services
Show 4 more industry codes
SIC
6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
