Float Financial believes Canadian SMBs have been overlooked by larger financial institutions. CEO Rob Khazzam stated that the 'landscape of Canadian SMBs is rich and diverse and chock full of potential.' This approach underscores their commitment to tailor solutions specifically to this market.
The company reported an extraordinary growth trajectory with revenue increasing '50x' and payment volume growing by '45x' since their previous funding round. This exemplifies a strong demand for their services in the Canadian market, despite broader economic challenges.
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