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Float Money LLC

Float offers pro-consumer loans in exchange for loyalty. Members budget & shop with us to earn a general-use, interest-free line of credit.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location New York City, NY, USA
  • Currency USD
  • Founded August 2011
  • Employees 3
  • Website

Company Summary

Float is a non-bank, pro-consumer lending company. We offer interest-free, general-use credit in exchange for shopping loyalty. Our retailer network includes hundreds of major local and online stores. We profit from merchant commissions rather than from interest and fees from borrowers. We provide a safe borrowing alternative to the 72% of Americans that do not have adequate savings. We underwrite based on both credit risk and loyalty risk.


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    Shane Hadden

    Shane has spent the last 15 years developing innovative financing solutions for banks and large corporations. His experience includes over 10 years on Wall Street as a structured finance specialist, including 7 years at Credit Suisse where he was a Director in the Global Structuring Group. Shane is a Chartered Financial Analyst and received a J.D./M.B.A. from Georgetown University and a B.A. in Economics from Miami University.

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    Chad Hurley

    Chad has over ten years of experience in developing enterprise class applications. He has led the design and implementation of large scale web applications in a variety of industries, including health care, equine sales and finance. Chad founded Voltaic Commerce, a top regional software development company for seven years. Chad received a Bachelor of Fine Arts degree from the University of Kentucky.


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    Andrew Fleishman, Miller & Wells
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    Caitlin King, Bluegrass Accounting & Bookkeeping

Previous Investors

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    Ben Self, Don Mullineaux, Developer Finance Corporation, W.T. Young LLC
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    Lee Greer, Phil Greer, 20 Gates LLC, Hoyt Morgan, Bluegrass Angels, Kentucky Enterprise Fund