Float Financial, a Toronto-based fintech company, has successfully raised $70 million in a Series B funding round led by Goldman Sachs. The company, which specializes in expense management software and corporate credit cards, aims to serve Canadian small and medium-sized businesses (SMBs). This funding round is part of Float's strategy to position itself as a leading financial solution provider in Canada, drawing comparisons to U.S. fintech companies like Brex and Ramp. The investment reflects growing interest in the Canadian startup ecosystem, particularly in the fintech sector, as companies seek to innovate and provide tailored financial services to local businesses.