FloatMe is a financial technology company based in San Antonio, Texas, that develops mobile solutions to help Americans manage cash flow between paychecks. Its core product, the FloatMe Mobile App, provides interest-free cash advances ranging from $10 to $100, alongside features such as spending insights, low balance alerts, and a cash flow calendar for financial forecasting. The service operates on a membership model priced at $4.99 per month.
The company's technical work spans mobile app development, banking API integration, and data security and encryption. FloatMe reports that it has saved its members over $50 million in potential overdraft fees. Its stated mission is to help users avoid expensive banking penalties and work towards financial stability, serving over 1% of the U.S. population nationally.
