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Floatpays Inc

YC S21

Cape Town, ZA · Founded 2019 · 15 employees · 17 known investors

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FloatPays is a financial services provider offering credit and payments solutions, regulated in South Africa as a financial intermediary and payments provider.

Also known as FloatPays · FloatPays (Pty) Ltd · FloatPays (Pty) Ltd, FloatPays

FintechHR TechSaaSSouth AfricaAfricaFully Remote

Founders & leadership· Y Combinator alumni (S21)

Floatpays Inc was founded in 2019 by Simon Ward.

SWSimon Ward
Simon WardFounder and CEO (YC S21)Simon Ward brings 25 years of experience as an entrepreneur and business leader in fintech and eCommerce. He has held roles at Play.com, Rakuten, Moonpig.com, Photobox.com, and Prodigy Finance, and currently leads Floatpays.

Investors · 17

FINCA Ventureslisted by FINCA VenturesWashington

How we know: FINCA Ventures's portfolio page · bizcommunity.com · Not right? Tell us

Founders Factory Africalisted by Founders Factory AfricaJohannesburg

How we know: Founders Factory Africa's portfolio page · bizcommunity.com · Not right? Tell us

Soma Capitallisted by Soma CapitalSacramento · $100K – $300K

How we know: somacap.com · Not right? Tell us

The Raba Partnershiplisted by The Raba PartnershipCape Town · $50K – $5M

How we know: The Raba Partnership's portfolio page · Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Base CapitalreportedCape Town · $500K – $5M

How we know: bizcommunity.com · Not right? Tell us

Base PartnersreportedSão Paulo

How we know: Y Combinator's founder network · Not right? Tell us

Class 5 GlobalreportedNew York

How we know: bizcommunity.com · Not right? Tell us

Global Founders CapitalreportedBerlin · $1M

How we know: bizcommunity.com · Y Combinator's founder network · Not right? Tell us

JeremiahreportedBirmingham

How we know: Y Combinator's founder network · Not right? Tell us

Kepple Africa Venturesreported

How we know: bizcommunity.com · Not right? Tell us

MFS DEVELOPMENT FUNDSreportedKansas City

How we know: Y Combinator's founder network · Not right? Tell us

Norrsken VCreportedStockholm · $1.1M – $3.2M

How we know: bizcommunity.com · Y Combinator's founder network · Not right? Tell us

VKAV (Verod-Kepple Africa Ventures)reportedLagos

How we know: Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 2

MFS investmentsRaba Partnership

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 10

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CherryCherry operates a platform that allows companies to allocate budgets for personalized employee benefits from popular consumer services like entertainment and fitness apps, giving workers control over which perks match their preferences.
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FintocFintoc provides an API for businesses to automate payment identification, reconciliation, and transfers in Mexico, enabling large-scale collection and disbursement of SPEI transfers. The platform serves over 1200 companies with features for treasury management, batch payments, and fraud prevention.
TapcheckTapcheck offers earned wage access, letting employees transfer a portion of net earnings before payday via direct deposit or a Tapcheck Mastercard. It integrates natively with over 300 payroll and timekeeping systems and is free for employers to offer as an employee benefit.
CaribouCaribou provides transfer pricing services and tax compliance support for scaling companies, handling transfer pricing design, accounting entries, VAT, permanent establishment, and R&D eligibility in a single engagement.
DeelDeel is a global HR platform that enables businesses to hire, onboard, and manage employees and contractors across borders. The platform handles payroll, compliance, and HR administration for companies managing international workforces.

Companies working in the same space as Floatpays Inc.

Legal entities · 1

corporate structure
Floatpays, Inc.

Frequently asked questions

What does Floatpays Inc do?
FloatPays is a financial services provider offering credit and payments solutions, regulated in South Africa as a financial intermediary and payments provider.
Who founded Floatpays Inc?
Floatpays Inc was founded by Simon Ward in 2019.
Who are Floatpays Inc's investors?
Floatpays Inc's investors include 4DX Ventures, FINCA Ventures, Founders Factory Africa, Soma Capital, The Raba Partnership, Y Combinator, Base Capital, Base Partners and 7 more.
Where is Floatpays Inc headquartered?
Floatpays Inc is headquartered in Cape Town, ZA.