Ruslan Nikolaev
@nikolaevra
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Building @float_financial ex- @uber_atg and @shopify. DM's are open
Toronto, Ontario
Joined November 2012
Excited to share that Float has raised $70M in our Series B round, led by the Growth Equity Fund of Goldman Sachs! This investment is about fueling the growth of the Canadian economy and we are just getting started! https://t.co/uC1GvUf3ZU
theglobeandmail.com
Float has kept up its torrid growth pace, topping $30-million in annual revenues and 4,000 customers across Canada, and avoided sweeping layoffs while keeping its headcount to about 100 people
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Proud to share that Float has been named to the 2025 @Deloitte Technology Fast 50™, debuting at #9 in Canada. This recognition marks a milestone for our team and our customers, validating our mission to simplify finance for Canadian businesses. https://t.co/LAjqcIlnFJ
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Just launched: Float Business Accounts—a brand new kind of hybrid account w the flexibility of a chequing account & the returns of a savings. ✅ Open in minutes ✅ 0 fees ✅ Earn up to 4% interest on every $ ✅ CDIC-insured + 100% funds held in trust https://t.co/aohgUg14Tj
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If this is not the best deal in the country I don’t know what is! The rates on Float are literally 2x that of the banks in the country.
Despite 7 BoC rate cuts, we're keeping our Float Yield rate steady at 4% for both CAD & USD balances over $25K. 👉2.8x rate offered by Canadian business savings accounts 👉Holding steady until Sept 1, 2025 👉No lockups, no extra steps, full flexibility https://t.co/ZHjgpcKgwJ
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Just used o3 thinking model to find the best Karaage chicken near me. It thought for 94 seconds... I can't even imagine how much this compute must cost and really makes me feel like someone needs to start indexing the answers from these models at some point
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Now Open: Toronto Tech Week 2025 Calendar Over 100 events are now open for registration, happening June 23-June 27. Toronto is hosting one of the largest tech weeks in the world, with over 10,000 people expected.
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🚀 Launch alert! Amid escalating trade wars, Float FX is here—unlocking the ultimate USD spending package for Canadian businesses. ✅ Instantly convert between CAD ⇄ USD at industry-leading FX rates of 0.25% Learn more: https://t.co/MGrQ1za1eq
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This is the single sharpest take on tariffs in all of Canada — must watch https://t.co/mD0cdPG6DV
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My message to all of you — Vote with your wallets, buy Canadian and support our country! 💪🏻 Full post:
floatfinancial.com
Our study of 400+ Canadian businesses reveals the impact of rising costs, demand uncertainty and financial constraints—and how they’re adapting. Read the report.
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3️⃣ Over the past six months, 30% of SMBs increased spending to fuel growth investing most heavily into Advertising & Marketing and Hiring for new roles. This again indicates positive outlook for the private sector and investments in business growth
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2️⃣ Experienced businesses (11+ years old) are >15% more confident in their investments, while younger ventures remain vulnerable My personal intuition is that the "Buy Canadian" message works and it drives the most traffic to established Canadian businesses and brands
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Here are some highlights: 1️⃣ 48% of SMBs are planning for >10% YoY profit growth This is exciting as it's signaling an optimistic outlook on the overall business performance
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No matter what you hear on X from Trump about the Canadian Economy 🇨🇦, our SMBs will survive and will come out stronger. Our team interviewed 400+ SMBs and combined with our own spending insights to create an outlook on the coming months and years. 🧵
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Over the past decade, Toronto has become a world-class tech hub. We have the talent, access to capital, and the companies, but the next phase of growth is about scaling and strengthening the ecosystem itself. @GoldenVentures is proud to be a Founding Partner and Organizer. 👇🏽
Announcing Toronto Tech Week 2025. June 23 - June 27, 2025. Weeklong, citywide collection of events to connect and celebrate the builders. For Toronto, by Toronto.
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Announcing Toronto Tech Week 2025. June 23 - June 27, 2025. Weeklong, citywide collection of events to connect and celebrate the builders. For Toronto, by Toronto.
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Out of curiosity, we looked further into RENEW International Canada Ltd. and just can’t let it go. Here’s what we found from publicly available documents👇 - RENEW International Canada Ltd has received $39,876,033 from Global Affairs Canada since 2016. - It is a for-profit
$18M of your tax dollars are being spent to support private companies in East Africa. Results to date: - 6 jobs created - 22 trade plans developed by gender and climate-smart companies - 2 companies increased the number of women employed - $5.9M of capital mobilized
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In 2023, Canada gave $4.2B in Investment Tax Credits to Canadian companies conducting research and development activities in Canada. 26% of this amount went to large companies with gross annual income >$250M.
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Is anyone aware of tools to generate Lottie animations using LLM prompts?
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I get there is a lot of requirements and you can't "move fast and break things" but this feels highly inefficient Consider this for context of where Canada actually ranks in terms of government technology adoption among peers
Canada plans to spend >$2.4B this year on IT services across government to digitally enable government programs. That's the equivalent of hiring 12,000 Waterloo software engineer graduates at $200K per year.
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