About Floatra
Floatra Technology Solutions Limited builds the infrastructure that lets licensed lenders extend short-term, inventory-linked credit inside B2B trade — online checkout, field sales, and distributor order systems.
What We Do
Floatra sits between the point of order and the lender’s balance sheet. Our platform:
- •Runs a rules-based underwriting engine that approves or rejects each request against the criteria the lender sets
- •Routes approved requests to a licensed lender that will fund them
- •Instructs disbursement from the lender’s own payment account to the supplier
- •Tracks the loan through delivery, repayment, and closure
- •Automates repayment reminders and reorder controls on the lender’s behalf
- •Reports portfolio performance, exposure, and settlement detail to the lender
Who Decides What
We are precise about this because it matters to lenders, partners, and regulators alike.
Floatra
- •Operates the underwriting engine that applies the lender’s criteria
- •Applies fraud, exposure, and identity checks
- •Routes approved requests to lenders that will fund them
- •Runs reminders, reorder locks, and reporting
- •Acts as a technology provider — not as an agent or representative of any lender
The licensed lender
- •Sets the criteria loans are approved against — risk bands, credit tiers, loan sizes, exposure and concentration caps
- •Sets its own interest rate within published policy bands
- •Provides all capital and holds every loan on its books
- •Bears all credit risk, and owns recovery and write-off decisions
- •Can pause or withdraw funding at any time
What We Do Not Do
Lend money
All capital comes from licensed lenders. Floatra funds nothing.
Hold customer funds
No wallets, no accounts, no settlement balances. Disbursement moves from the lender’s payment account to the supplier; repayment moves from the vendor to the lender.
Take credit risk
Losses sit with the lender. A loan that defaults before any repayment earns Floatra nothing.
Guarantee loans
No credit enhancement, no first-loss, no guarantee of any kind.
Pursue legal recovery
We automate reminders and reorder controls. Recovery, restructuring, and write-off decisions belong to the lender.
Charge platforms or distributors
No integration fee, no per-transaction fee, no subscription. Our revenue is a share of the interest the lender collects.
How We Make Money
Floatra earns an agreed share of the interest a lender actually collects, set per lender in a technology agreement. Nothing is charged to the platform, the distributor, or the vendor.
The vendor pays principal, interest, and any applicable late fee — nothing else. There is no origination fee and no Floatra charge on the loan. The full loan principal reaches the supplier.
If the lender is not paid, Floatra is not paid. That is deliberate.
Regulatory Position
Floatra Technology Solutions Limited is registered with the Corporate Affairs Commission (CAC) as a technology company. Floatra is not a lender, does not take deposits, and does not hold a banking or lending licence. All lending is conducted by CBN-licensed institutions that are the lender of record on every loan.
Floatra complies with the Nigeria Data Protection Act (NDPA) and the Nigeria Data Protection Regulation (NDPR). A Data Protection Impact Assessment has been completed for biometric verification processing. See our security overview and privacy policy.
Where We Are
Floatra is pre-launch. The platform is built and running — origination, disbursement, delivery confirmation, repayment, settlement, and reporting are live in sandbox, and partners can exercise the full loan lifecycle end to end before committing to anything.
We would rather tell you that than imply a track record we do not yet have. If you want to see it work, ask for sandbox access and put it through its paces.