The Float Yard, an Edinburgh-based startup building a SaaS cashflow tool for small businesses, enrolled its first paying customers yesterday. The online software, dubbed “Float”, is still in private beta, but co-founders Colin Hewitt and Philip Roberts say a public launch is now imminent.
This marks a major milestone for the company, which has been working with around 250 SMEs to develop the product over the past nine months. Float currently integrates directly with the FreeAgent online accounting platform, helping users to quickly build a picture of their current cashflow situation, and to project the health of their bank account over the next three months.
About the launch, the Float team said: “We are really grateful for all the excellent feedback we’ve received from our early users, and are blown away by the positive response we’re now receiving from our first customers.”
When asked whether they had any advice for other startups, the team responded: “launch earlier, and charge more!”
StartupCafe 
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