Company Information

Get to know Float Invoice

Founded in 2012 and based in Edinburgh, Scotland, Float Limited operated an online platform that connected businesses seeking to improve their cash flow with investors. Businesses could selectively sell their outstanding invoices on the Float marketplace to receive early payment, while investors could purchase these invoices at a discount to earn a return. The company aimed to provide a fast, flexible, and transparent alternative to traditional business financing methods like bank loans and factoring. However, the company ceased operations and was formally dissolved in late 2017.

Industry

Financial FundraisingPRIMARY
Financial Other Service

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Float Invoice

India

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.