- Home
- >Floatpays Inc

Floatpays Inc
On-demand wage access service built for the African market
Company
Website
https://www.floatpays.comLocations
Cape Town, WC, South Africa / Remote
Team Size
15
Industries
Fintech
About
Floatpays is an on-demand wage access platform that helps employees access, spend, save and manage their money.
The problem we are solving is that more than 75% of the 12 million employed South African’s run out of money before the end of the month, 52% of those end up borrowing money to survive. Informal lending is the only option for most borrowers, with interest rates anywhere between 30-50%. The story is the same in most African countries where payday/micro-lending has become the norm amongst lower-income earners.
Our app features include financial education, a budget planning tool, cash access, and voucher purchases all from wages earned but unpaid. We are currently working on a savings product to promote long-term financial resilience.
We launched our product in South Africa in July 2020 and plan to extend our reach into additional African countries in 2022 and beyond.
Founders
A list of all active founders
Sign-In
An account is required to download data from YCRM.
Almost There!
YCRM requires a one-time $30 payment to get access.
What You Get
- Unlimited downloads for 30 days
- 5000+ YC founders' email, LinkedIn, and Twitter
- Access to the latest YC batches
- Access to all CRM data enhancements
Payment Successful
Congrats! You now have unlimited access to the YCRM database for 30 days. If you have any questions or run into issues, please don't hesitate to reach out. We are here to help.
Name | Title | |||
---|---|---|---|---|
Simon Ward | Founder | Sign-InAn account is required to download data from YCRM. Almost There!YCRM requires a one-time $30 payment to get access. What You Get
Payment SuccessfulCongrats! You now have unlimited access to the YCRM database for 30 days. If you have any questions or run into issues, please don't hesitate to reach out. We are here to help. |