Floatr

What Floatr is

Floatr is an employee financial wellness platform for India that links payroll with investing, Corporate NPS, insurance, and planning tools. When an employer enables payroll investing, contributions are invested before the remaining salary reaches the employee’s bank account. Available options can include mutual fund SIPs, Corporate NPS, and digital gold. Employees can onboard digitally, choose funds, change SIP amounts, follow holdings, and manage goals in the app. For salary-linked mutual funds, employees choose whether to participate and can change or stop SIPs at any time; the payroll-linked investing page says contributions can start from ₹500 per month. Employers receive guided implementation and an HR portal with enrollment dashboards that do not show personal holdings. Deductions can use an existing HRMS or payroll file, though specific integrations are not named. Floatr lists programs for salaried teams, gig and frontline teams, and education institutions. It says investments remain in an employee’s own folio or NPS account after a job change, while payroll deductions stop when employment ends. Pricing is on request.