Float secures $50 million to expand its financial products and innovate business-to-business financial services
Float secures $50 million in financing from Silicon Valley Bank to scale its charge card program. Co-founders Ruslan Nikolaev and Griffin Keglevich joined Velocity in 2019, where Float was founded, and recruited Rob Khazzam, the former general manager at Uber Canada, as the third co-founder and CEO.