Alex Forsyth-Thompson

Founder and CEO, Float

Alex Forsyth-Thompson is Founder and CEO of Float.

Float is a South African fintech that lets shoppers split purchases into up to 24 interest-free, fee-free instalments using the available limit on their existing credit card. It launched commercially in November 2021 and has partnered with more than 2 000 stores.

In the job

  1. Secured an $11 million (R208 million) facility from Standard Bank to roll out its card-linked instalment platform. Source

  2. Raised $2.6 million in a round with Invenfin as co-lead investor to expand in South Africa and prepare for international markets. Source

Sources

  1. fintech.global
  2. launchbaseafrica.com
  3. bizcommunity.com
  4. medium.com

Facts last checked 3 November 2026. Spotted something out of date? Tell us.

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