Stockholm-born Float raises €4.5M Series A to expand AI-native finance platform for European startups

Stockholm-based fintech Float has raised a €4.5 million Series A round led by CHAPTERS Group AG, with the investment bringing CHAPTERS CEO Jan-Hendrik Mohr onto the company’s board. The funding will support Float’s expansion from a revenue-based financing provider into an AI-native financial platform for European tech SMEs, while also doubling its team, strengthening its presence in the UK, and pursuing strategic M&A opportunities. Founded in 2019, Float provides non-dilutive growth capital, credit lines and revenue-based financing to B2B SaaS and subscription businesses, and plans to integrate AI-powered financial automation, including payments, expense management and accounting, through direct connections to banking and...

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