Cloudfloat

Internet - Sydney, New South Wales, AU

Cloudfloat Details

At Cloudfloat, we're rewriting the rules of business-to-business payments. We're not just providing a service; we're crafting an experience that transforms the fabric of business transactions. At the heart of it, a service that ingeniously extends the principle of 'Buy Now, Pay Later' to businesses, bestowing businesses the flexibility to manage cash flow without the shackles of immediate payment. It's a manifestation of modern convenience—an elixir for businesses constrained by the rigidity of traditional payment terms and the unpredictability of cash flow. Cloudfloat is a venture backed fintech startup.

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Employees: 22
HQ: +61 1300 615 718
Location: Sydney, New South Wales, AU
Revenue: $20.1 million
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Cloudfloat is a VC-backed startup based in Sydney, Australia, that aims to revolutionize the way businesses manage their cash flow. Founded in 2019, the company has developed a unique solution that allows businesses to buy now and pay later, freeing up their cash flow and enabling them to scale their operations more efficiently. Cloudfloat pays business invoices upfront and allows companies to repay in easy, interest-free instalments over a period of up to 90 days. Cloudfloat's innovative approach to business credit terms has earned it recognition in the industry, with the company being named as one of the top 10 startups in Australia by Startup Daily. The company's CEO and Founder, Aleem Habibullah, has extensive experience in the financial industry and has assembled a team of experienced professionals to drive Cloudfloat's mission forward. With its cutting-edge technology and customer-centric approach, Cloudfloat is poised to disrupt the traditional banking sector and provide a much-needed solution for small to medium businesses.

Cloudfloat is a new company based in Sydney that wants to help other businesses manage their money better. They noticed that many businesses were struggling with tight payment deadlines, and that it was hard for them to get the money they needed to grow. So, they created a "buy now, pay later" system just for businesses. Here's how it works: Cloudfloat pays your business invoices for you, and then you pay them back in small, interest-free chunks over time. This helps businesses free up their cash flow and avoids the need for loans or factoring. Cloudfloat is not a bank, but a technology company that wants to make it easier for businesses to buy and sell things to each other. They believe their system is a more modern and fair way for businesses to manage their finances.

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