{"listing":{"listing_type":"company","name":"Floatpays Inc","slug":"floatpays-inc","tagline":"On-demand wage access service built for the African market","description":"Floatpays is an on-demand wage access platform that helps employees access, spend, save and manage their money.\n\nThe problem we are solving is that more than 75% of the 12 million employed South African’s run out of money before the end of the month, 52% of those end up borrowing money to survive. Informal lending is the only option for most borrowers, with interest rates anywhere between 30-50%. The story is the same in most African countries where payday/micro-lending has become the norm amongst lower-income earners.\n\nOur app features include financial education, a budget planning tool, cash access, and voucher purchases all from wages earned but unpaid. We are currently working on a savings product to promote long-term financial resilience.\n\t\nWe launched our product in South Africa in July 2020 and plan to extend our reach into additional African countries in 2022 and beyond.\n\nFloatpays Inc is a Y Combinator company (Summer 2021). YC-listed status: Active.","url":"https://www.floatpays.com/","is_stealth":false,"normalized_domain":"floatpays.com","normalized_url_key":"floatpays.com","parent_slug":null,"parent":null,"type_data":{},"logo":"https://bookface-images.s3.amazonaws.com/small_logos/9958a79bc44f22b3d870acdfd34254ea08e9945f.png","links":[{"label":"Y Combinator profile","url":"https://www.ycombinator.com/companies/floatpays-inc","platform":"ycombinator"}],"entry_points":[{"kind":"homepage","url":"https://www.floatpays.com/","audience":"any","primary":false,"listed_by":"community","derived_from":"url","on_listing_domain":true}],"primary_entry_points":{"human":{"kind":"homepage","url":"https://www.floatpays.com/","audience":"any","primary":false,"listed_by":"community","derived_from":"url","on_listing_domain":true},"agent":null},"founders":[],"media":null,"categories":["Fintech","SaaS"],"stage":null,"founded_year":null,"location":"Cape Town, WC, South Africa; Remote","pricing":null,"twitter":null,"github":null,"linkedin":null,"contact_email":null,"added_at":"2026-09-03T06:56:12.309Z","added_via":"web","geo":{"keywords":["Y Combinator","YC Summer 2021","Fintech","SaaS"],"one_liner_for_search":"Floatpays Inc — On-demand wage access service built for the African market (Y Combinator Summer 2021)","canonical_facts":["Y Combinator batch: Summer 2021","YC company status: Active","Team size (per YC directory): 15","YC industry: Fintech","YC subindustry: Fintech","Former names: FloatPays (Pty) Ltd, FloatPays","Regions (per YC): South Africa, Africa, Remote, Fully Remote"]},"agents":null,"featured_until":null,"example":false,"ownership_status":"unclaimed","claimed_by_agent_id":null,"claimed_via_claim_id":null,"claimed_at":null,"updated_at":"2026-09-03T06:56:12.309Z","is_featured":false,"category_memberships":[{"kind":"industry","slug":"fintech","name":"FinTech","note":null,"profile_url":"/industries/fintech"},{"kind":"industry","slug":"saas","name":"SaaS","note":null,"profile_url":"/industries/saas"}]}}