F

Float

Corporate spending platform with real-time reporting

Head of Product Marketing

Full-TimeUpdated on 10/23/2026
No salary listed
Expert
Toronto, ON, Canada
HybridHybrid work in Toronto, with in-office days for connection and collaboration.
Growth & MarketingProduct Marketing

About the job

Requirements
  • At least 8 years of relevant experience across product marketing, customer marketing, lifecycle, enablement, monetization, or adjacent growth work in B2B SaaS, fintech, or transaction-based businesses, with meaningful leadership scope.
  • Direct ownership of measurable outcomes such as acquisition, adoption, expansion, retention, competitive performance, enablement uptake, or other commercial metrics.
  • Strong product marketing craft across positioning, messaging, launches, enablement, and customer or field activation, with evidence that the work changed behavior or results.
  • Experience building systems, not just campaigns, including pre-sale and post-sale motions that helped internal teams and customers understand what to do next.
  • Data fluency and experimentation discipline, with comfort using analytics, research, and operating judgment to refine strategy over time.
  • Practical AI workflow integration, with examples of using AI to accelerate research, synthesis, experimentation, or content iteration while keeping judgment human-led.
  • Leadership and cross-functional credibility, with a track record of coaching teams, aligning stakeholders, and raising the quality bar.
Responsibilities
  • Refine Float’s positioning and messaging so the multi-product platform story lands clearly across target audiences and ongoing launches.
  • Build pre-sale and post-sale programs that improve product adoption and help customers realize more value across the customer journey.
  • Partner with Product on launches, readiness, and activation so new products and features translate into customer understanding and usage.
  • Equip Sales, Customer Success, and Marketing with messaging, playbooks, collateral, and activation tools that improve field effectiveness and adoption outcomes.
  • Build customer programs such as advocacy and advisory motions that strengthen product adoption and the broader commercial flywheel.
  • Use data, experimentation, and customer insight to evolve positioning, lifecycle strategy, and adoption programs over time.
  • Lead and develop a high-performing team spanning product marketing, lifecycle marketing, and customer marketing.

About the company

Float is a fintech platform for business spending that combines smart corporate cards with expense management. It lets finance teams issue unlimited virtual cards for vendors and employees, fund those cards as needed, and set spending limits, all in CAD or USD. The platform provides real-time expense reporting to spot unusual activity and opportunities for savings, helping companies manage and reconcile spending quickly. Revenue comes from subscription fees and from the interest earned on clients’ cash balances. Float differentiates itself by offering 4% interest on cash balances in both CAD and USD, a strong customer-support promise, and tools designed to give businesses tighter control over spending and cash flow compared with traditional banks. The company’s goal is to automate and simplify business spending while giving teams more visibility and control over their finances, across Canadian and cross-border use.

Company Size

201-500

Company Stage

Series C

Total Funding

$257.3M

Headquarters

Toronto, Canada

Founded

2019

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Simplify's Take

What believers are saying

  • Float served 7,500 Canadian businesses and employed 170 people by June 2026.
  • Float’s June 2026 Series C added Inovia, BDC Capital, and Northleaf alongside Goldman Sachs.
  • Float FX launched April 2025, cutting CAD-to-USD conversion costs to 0.25% all-in.

What critics are saying

  • SVB and a tier-1 Canadian bank fund Float’s credit; tighter terms hit growth by 2027.
  • Rivals like Brex and Ramp outspend Float on product breadth and US distribution.
  • A Canadian-only focus makes Float dependent on one market; one bank partnership break hurts existentially.

What makes Float unique

  • Float’s June 2026 Series C funded a Canada-only, AI-first finance operating system.
  • Float Intelligence auto-codes GL and Canadian tax fields, shipping to Professional customers in April 2026.
  • January 2026 debt kept 4% yield, CAD/USD balances, cards, and FX inside one platform.

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Benefits

  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

0%

1 year growth

-1%

2 year growth

4%
Head Topics
Jun 24th, 2026
Toronto fintech Float raises $85M at $548M valuation for AI finance software expansion

Toronto-based Float Financial Solutions has raised $85 million in a Series C round led by Inovia Capital, valuing the fintech company at $548 million. Goldman Sachs Alternatives, Garage Capital, BDC Capital and Northleaf Capital Partners also participated in the financing. The valuation represents a 70 per cent increase from Float's $70 million January funding round. Founded in 2019, Float helps small and medium-sized businesses manage corporate spending through payment cards and expense management software. The company recently launched Float Intelligence, an AI automation layer for financial management. Float now serves over 7,500 Canadian businesses, double the number from December 2024. The company employs approximately 170 people and plans to use the funding to expand AI capabilities, grow across Canada and hire additional staff.

Associated Press
Apr 21st, 2026
Float launches AI finance assistant with 90% accuracy for Canadian tax coding

Float, a Canadian business finance platform serving over 7,000 companies, has launched Float Intelligence, an AI layer that automates transaction coding for corporate cards. The first capability automatically assigns GL codes and Canadian tax codes (HST, GST, PST) to transactions, reducing hours of manual work to minutes. The system uses confidence-gated coding, only auto-coding when accuracy reaches 90%, and learns from each business's specific chart of accounts. On 5,000 real Canadian transactions, Float's agent achieved 90% precision compared to 62% for general-purpose LLMs. Float runs all inference in its own secure AWS instance without sharing data between customers. During beta testing across 350 businesses, the agent achieved 95% measured precision. The feature is now available to all Float Professional plan customers.

BetaKit
Jan 27th, 2026
Float, Wise, Koho, Paramount, and Brim join Payments Canada

Float, Wise, Koho, Paramount, and Brim join Payments Canada. New members are now eligible to apply for access to the upcoming real-time rail system. A handful of Canadian FinTech firms are now in line to reap the benefits of the country's incoming real-time rail (RTR) payments infrastructure system. Float, Wise, Koho, Paramount, and Brim are now members of Payments Canada, the organization that underpins the Canadian financial system announced on Tuesday. With their membership, the companies can now apply to participate in payments infrastructure projects and rely less on third-party intermediaries to handle their transactions. "Becoming members of Payments Canada is a significant step forward that will enable us to offer even faster, more affordable and more convenient international payments to Canadians and to global customers moving money to Canada," Wise chief banking and expansion officer Diana Avila said in a statement. "Joining Payments Canada reflects how far KOHO has grown within Canada's financial ecosystem." Daniel Eberhard Koho The FinTech firms became eligible for membership back in October when the Bank of Canada named them in its first tranche of registered payment service providers. The designation subjects the companies to new rules and reporting regulations under the Retail Payments Activities Act (RPAA), which came into effect in September. "Joining Payments Canada reflects how far KOHO has grown within Canada's financial ecosystem," Koho founder and CEO Daniel Eberhard said in a statement. Historically, Payments Canada has only been open to banks, credit unions, and other select traditional financial institutions, but the organization has been expanding its membership to boost competition in the Canadian financial sector. Payments Canada president and CEO Susan E. Hawkins said the organization will continue to add new qualifying members. The new members are eligible to apply for access to new infrastructure for different payment needs, like the retail batch payment system, the high-value payment system, and the forthcoming RTR system. The long-delayed RTR system is meant to facilitate instant, cheaper payments. The 2025 budget reaffirmed that it would be operational sometime this year. This week, new member Float secured nearly $100 million CAD in debt to expand the scope and flexibility of its financial products for Canadian small businesses. Another new member, United Kingdom-based cross-border payment provider Wise, says its active customers in Canada increased by more than 30 percent in 2025. CORRECTION (01/27/26): This article has been updated to reflect that new Payments Canada members will have to apply to access new infrastructure like the RTR system.

BetaKit
Jan 26th, 2026
Float secures $95M in debt to expand interest-free credit for Canadian SMEs

Toronto-based Float Financial has secured nearly $100 million CAD in debt to expand its financial products for Canadian small businesses. The funding comprises $75 million from Silicon Valley Bank and $20 million from an undisclosed Canadian Schedule I bank. Founded in 2019, Float offers corporate cards, accounting services and expense-tracking software to over 5,000 Canadian SMEs. The company will use the funds to maintain four-percent interest on client deposits and scale its interest-free Charge credit product, which allows businesses flexible repayment timelines without personal guarantees. Float claims its customer base grew 60 percent year over year, with revenue increasing roughly 70 percent. The company plans to hire 50 to 60 employees across product engineering, data and design roles, focusing solely on the Canadian market rather than expanding internationally.

BetaKit
Apr 3rd, 2025
"Every Dollar Counts": Amid Trade War, Float Launches Foreign Exchange Solution To Help Companies Cut Costs

FinTech startup rolls out currency conversion to help clients doing business stateside weather the economic storm