Floatr
Bengaluru, India
What it is
Floatr is an employee financial wellness platform for India, with salary-linked investing, Corporate NPS, insurance, and planning tools. It connects payroll deductions to investments before the remaining salary reaches an employee’s bank account. Depending on what the employer enables, options include mutual fund SIPs, Corporate NPS, digital gold, and other products. Employees can enroll digitally, choose funds, adjust SIP amounts, track holdings, switch funds, and manage goals in the app. The payroll-linked investment page says employees can start from ₹500 per month. Participation in salary-linked mutual funds is voluntary, and employees can change or stop SIPs at any time. Employers receive guided implementation and an HR portal with enrollment dashboards that do not show employees’ personal holdings. Deductions can flow through an existing HRMS or payroll file, but specific integrations are not named. Floatr says investments remain in an employee’s own folio or NPS account after a job change, while payroll deductions stop when employment ends. Its programs include Elevate+ for salaried teams, GigRise for gig and frontline teams, and Edvisor for education institutions. Floatr lists Android, iOS, and web availability. Pricing is on request.
For and against
For
- Offers mutual funds, Corporate NPS, and digital gold options.
- Employees can adjust or stop SIPs at any time.
- Investments remain in employees’ own accounts after job changes.
- Employer dashboards do not expose personal holdings.
- Supports Android, iOS, and web.
Against
- Pricing is available on request.
- Specific payroll integrations are not named.
- Payroll deductions stop when employment ends.
The verdict
Floatr combines payroll-linked investing with employee portfolio and goal tools, alongside employer enrollment dashboards. Options depend on what an employer enables, and pricing requires a request.
Who it suits
Floatr may suit employers seeking salary-linked financial benefits for salaried, gig, or frontline teams, as well as education institutions. Employees who want voluntary payroll-linked investments and mobile portfolio tools may also find it relevant.
On the record
- Data safeguards
- Its data processing agreement describes encryption in transit and at rest, role-based access, multi-factor authentication for sensitive systems, monitoring, and vulnerability testing.floatr.in · read 3 Oct 2026
- Deployment limits
- Floatr says most company rollouts take a few weeks, depending on payroll integration scope.floatr.in · read 3 Oct 2026
- Employee app
- Employees can use the Floatr app to track portfolios, switch funds and manage goals.floatr.in · read 4 Oct 2026
- Employee features
- Employees can complete digital onboarding, choose funds, adjust SIP amounts, track holdings on mobile, and manage goals in the Floatr app.floatr.in · read 3 Oct 2026
- Employee ownership
- The company says investments remain in employees’ own folio or NPS account after they change jobs.floatr.in · read 3 Oct 2026
- Employer features
- Employers get guided implementation and an HR portal with enrollment dashboards that do not expose employees’ personal holdings.floatr.in · read 3 Oct 2026
- Employer tools
- Employers get an HR admin portal with enrollment dashboards, and the page says it does not expose employees’ personal holdings.floatr.in · read 4 Oct 2026
- Investment minimum
- The payroll-linked investing page says employees can start from ₹500 per month.floatr.in · read 3 Oct 2026
- Investment options
- Payroll-linked options include mutual funds, Corporate NPS and digital gold, depending on the benefits an employer enables.floatr.in · read 4 Oct 2026
- Job changes
- Floatr says investments remain in the employee’s own folio or NPS account after they change jobs, while payroll deductions stop when employment ends.floatr.in · read 4 Oct 2026
- Minimum investment
- The payroll-linked investing page says employees can start from ₹500 per month.floatr.in · read 4 Oct 2026
- Mobile availability
- The Floatr website links to app downloads on the Apple App Store and Google Play.floatr.in · read 4 Oct 2026
- Payroll compatibility
- The site says deductions can flow through an organisation’s existing HRMS or payroll file; it does not name specific integrations on this page.floatr.in · read 4 Oct 2026
- Payroll investing
- The platform connects an organisation’s payroll to investments so employees can invest from salary before the remainder reaches their bank account.floatr.in · read 4 Oct 2026
- Security and compliance
- The homepage states that Floatr is ISO 27001 certified, SOC 2 Type II certified and DPDPA compliant.floatr.in · read 4 Oct 2026
- Security claims
- Floatr’s homepage states it is ISO 27001 certified, SOC 2 Type II certified, and DPDPA compliant.floatr.in · read 3 Oct 2026
- Support
- Floatr lists [email protected] as its support email and says it typically replies within 1–2 business days.floatr.in · read 4 Oct 2026
- Voluntary participation
- For salary-linked mutual funds, employees decide whether to participate, how much to invest, and can modify or stop SIPs at any time.floatr.in · read 3 Oct 2026
