75 qualified acquirers are actively looking to buy businesses like Float Financial.

TD has demonstrated interest in acquiring fintech platforms that complement its SME offerings—its acquisition of HSBC Canada’s commercial banking clients in 2024 and its focus on SME financial technology makes Float a highly strategic target for TD to enhance spend-management and lending capabilities for small businesses in Canada ([iveybusinessreview.ca](https://www.iveybusinessreview.ca/magazine/articles/td-float?utm_source=openai)).

Paynt, a European fintech expanding into Canada, acquired Canadian firm E‑xact Transactions in June 2025 to accelerate North American expansion—Float Financial’s integrated platform would further strengthen Paynt’s SME-payment and FX capabilities ([prnewswire.com](https://www.prnewswire.com/news-releases/european-fintech-paynt-acquires-canada-based-e-xact-transactions-to-accelerate-north-american-expansion-302478159.html?utm_source=openai)).

Helcim is a growing Canadian payment processing fintech with strong SMB focus and recent growth; adding Float’s corporate card, expense, and FX tools would allow Helcim to expand from payments into full business finance platform offerings ([en.wikipedia.org](https://en.wikipedia.org/wiki/Helcim?utm_source=openai)).

Novacap is a Canadian private equity firm with a strong fintech M&A track record: it invested in Nuvei in 2017 and supported its 2019 SafeCharge acquisition for $889M—its experience backing financial platforms makes it a viable buyer for Float Financial’s scale ([central.cvca.ca](https://central.cvca.ca/cvca-awards/novacap-wins-2025-pe-deal-of-the-year-award-for-nuvei/?utm_source=openai)).

Primus Capital, a US-based PE firm, acquired a majority stake in Calgary-based fintech Reach in 2025—a payment/FX‑adjacent platform—indicating its willingness to invest in Canadian fintechs at Float’s scale ([fintech.ca](https://www.fintech.ca/2025/02/20/primus-capital-acquires-majority-stake-in-canadian-commerce-innovator-reach/?utm_source=openai)).

Sage is Canada’s leading search-fund investor backing operators acquiring SMEs via ETA model—it could support an operator acquiring Float Financial, given the company's scale in lower‑mid‑market fintech ([sagecapfund.com](https://sagecapfund.com/?utm_source=openai)).