About
Float is an attempt to completely reinvent consumer banking with products and services that are simple, instant, and always accessible from any smartphone. We offer consumers, a simple to use application that creates FDIC insured deposit accounts and a financing solution that instantly creates and issues credit - directly through their smartphone. We provide a simple and fast onboarding experience in which a user can open a bank account in under 2 minutes, directly from their smartphone. Credit Scores are outdated and antiquated. We prioritize transactional data over traditional credit reports to score the creditworthiness of our users; many of which do not have access to these financial offerings. By doing so, we calculate individualized lines of credit with the highest probability of payback. Float has the World’s first platform that can instantly create digital lines of credit that can be spent with our virtual tokenized float card, or instantly transferred to any Visa® card.