Case Study: FloatMe Raises a Debt Facility with airCFO

How airCFO Was Instrumental in Startup FloatMe’s Debt Facility Raise

FloatMe, a fintech startup offering a mobile app to help millennials improve their finances, was growing rapidly. This fast growth led to increasingly complicated financials, and as a financial services company, they lacked an in-house expert to manage them. This challenge prompted them to seek a fractional CFO and outsourced controller service from airCFO.

airCFO provided a holistic solution, handling accounting, financial modeling, and tax needs. They were instrumental in helping FloatMe successfully raise a complex debt facility, leveraging their experience to negotiate terms, architect the flow of funds, and structure a suitable repayment schedule. The vendor's availability, flexibility, and deep knowledge provided FloatMe with a trusted, always-available team of professionals, allowing them to scale their fintech operations effectively.

FloatMe

Joshua Sanchez

Chief Executive Officer and Co-Founder