Float logo

Float

Canada's complete business finance platform. Modern financial services + software to help you spend, save and grow.

171 employees · est. 2019 · Toronto, Canada

VS
Lithic logo

Lithic

Lithic is the leading card issuer processing platform powering next-generation financial experiences.

200 employees · est. 2014 · New York, United States

Lithic is the older company (2019 vs 2014).

Side-by-Side Comparison

Float Lithic
Founded
2019 2014 older
Headquarters
Toronto, Canada New York, United States
Employees
171 200
Industry
Finance, Financial Services, Fintech Financial Services, Fintech, Payments
Funding Stage
Debt Financing Series C
Total Funding
$93.00M $115.40M
Funding Rounds
4 4
Services
Corporate Cards with High Limits, Expense and Spend Management, Automated Bill Pay, Real-time Reporting and Insights, Accounting Automation, High Yield Business Accounts Card Issuing, Accounts & Payment Hub, Program Management, Processing, Fraud & Risk Controls
Target Customers
CFOs, CEOs, Controllers, Accountants, Fast-growing Canadian businesses, Finance teams in various industries Banks, Businesses, Startups, Developers, Corporate Clients
Taxonomy
Corporate Finance, Business Finance Platform, Corporate Cards, Expense Management, Financial Compliance, Bill Payment Solutions, Reimbursements, Foreign Exchange Solutions, Prepaid Cards, Banking Services, Financial Software, Deposit Insurance, Savings Solutions, Business Solutions Card Issuing, Payment Processing, APIs For Financial Services, Virtual Cards, Privacy And Security In Payments, Debit Cards, Credit Cards, Prepaid Cards, Global Scalability, Payments Innovation, Technology For High-growth Companies
Website
floatfinancial.com lithic.com
Float logo

About Float

Float, founded in 2019, is a dynamic Canadian company carving its niche in the fintech sector with its slogan: "Canada's complete business finance platform. Modern financial services + software to help you spend, save and grow." It's not a bank but a financial technology enterprise, aiming to simpl...

Lithic logo

About Lithic

Lithic is recognized as a prominent player in the Financial Services, Fintech, and Payments sectors, underlined by its innovative approach to card issuing. Founded in 2014 and headquartered in the United States, Lithic stands out for its ability to equip high-growth technology companies with the too...

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Funding, hiring, leadership and stack changes at Float and Lithic — by email.

Frequently Asked Questions

Float — Canada's complete business finance platform. Modern financial services + software to help you spend, save and grow.. Lithic — Lithic is the leading card issuer processing platform powering next-generation financial experiences. . Both companies operate in related markets but may differ in funding stage, team size, and product focus.
Float has raised $93.00M while Lithic has raised $115.40M.
Float and Lithic operate in overlapping markets and are frequently compared. Track both companies on Bounce Watch to monitor their growth signals in real time.

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Compiled from the BounceWatch company index. We last looked at Float on 28 Nov 2025, and Lithic on 28 Aug 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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