# FloatMe

> FloatMe is a San Antonio consumer fintech offering small, interest-free cash advances and financial management tools through a mobile app. Its current offering combines a $6.99 monthly membership with optional instant delivery fees; a no-membership advance route is also disclosed. Its history includes a $16.2 million Series A and a $3 million FTC settlement over earlier marketing, billing, cancellation and eligibility practices.

- **Founded:** 2018
- **Headquarters:** San Antonio, United States
- **Founders:** Joshua Sanchez (Co-founder; President and board member (formerly CEO)), Ryan Cleary (Co-founder; founding COO), Christopher Brown (Co-founder; founding CTO)
- **Products:** Floats, Low Balance Alerts, Subscription Manager, Credit Monitoring, Marketplace Offers
- **Notable:** Public app launch in March 2020., Company reported more than 100,000 revenue-generating customers by late summer 2020., Inc. 5000 rank 1,892 in 2025 and 2,268 in 2026; Inc. lists 149% three-year growth for 2026.

## Products & services

- **Floats** — Small nonrecourse cash advances without interest or credit checks; first approvals $10-$50, eligible users up to $200. Approval is not guaranteed.
- **Low Balance Alerts** — Opt-in notifications about low linked-account balances.
- **Subscription Manager** — Identifies recurring charges in linked bank activity and helps users manage or cancel subscriptions.
- **Credit Monitoring** — In-app Equifax credit score tracking and change alerts.
- **Marketplace Offers** — Third-party savings and earning opportunities.

## Achievements

- Public app launch in March 2020.
- Company reported more than 100,000 revenue-generating customers by late summer 2020.
- Inc. 5000 rank 1,892 in 2025 and 2,268 in 2026; Inc. lists 149% three-year growth for 2026.

## Latest updates

- **2026-09** — Terms revised September 1 list $6.99 membership and instant fees through $10 for a $200 Float.
- **2026-08** — Inc. profile lists FloatMe at No. 2,268 in its 2026 Inc. 5000.
- **2026-07** — Company reports average Float amount of $53 as of July 1.
- **2026-05** — Founder announced Ken Rees as CEO and his own move to President and board-level involvement; the public LinkedIn post activity timestamp dates to May 8, 2026.
- **2026-01** — Public Massachusetts breach notification describes credential-based account access and says fraudulent advances were cancelled.

## Links

- Website: https://www.floatme.com/
- LinkedIn: https://www.linkedin.com/company/floatme
- Twitter/X: https://x.com/floatmeapp
- Facebook: https://www.facebook.com/floatmeapp/

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Profile page: https://yespress.io/floatme
Published by YesPress — https://yespress.io
Last updated: 2026-10-04