After the Geekdom Pre-Accelerator, FloatMe App Secures $25K from Alamo Angels
The Alamo Angels have committed to investing at least $25,000 in early-stage financing equity funding for FloatMe, Alamo Angels executive director Cat Dizon announced at the investors’ event Wednesday evening.Founder Josh Sanchez experienced firsthand paying for unexpected car expenses with a payday loan for $200 that turned into a $250 payback balance after only two weeks. Sanchez started thinking of less expensive options to access money short term and developed the FloatMe app in 2017 to enable workers to get a “float” or short-term advance on their next paycheck without paying hefty fees or interest.The other startup to receive a $25,000 Alamo Angels investment was Checkups, a San Antonio-based startup provides bond agencies and local municipal jurisdictions a mobile applicat...
