Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is different in that its sole focus is on Canadian SMBs, which CEO and co-founder Rob Khazzam said are “overlooked due to Canada’s banking monopoly and tough economic climate.” Goldman Sachs Growth Equity led the financing, which included participation ...