How are my funds protected?

Float balances are not CDIC insured at this time. 

Float is a registered MSB (Money Services Business) in Canada. We are also SOC2, type 2-certified, ensuring adherence to robust security protocols as verified by independent audits.

Thousands of Canadian companies do business with Float.

Customer funds are held at Tier 1 Canadian banks and are always held in dedicated accounts. As a program partner of Visa and MasterCard, our customers enjoy top-tier fraud protection and dispute resolution practices.

Float is trusted by thousands of customers with our world-class security standards and 24/7 customer support.

Please contact support@floatcard.com if you have any questions about funds storage.