Foloosi (https://www.foloosi.com) is a UAE Fintech startup facilitating consumer-to-business digital marketplace.
Foloosi offers a complete technically advanced digital solution, which seamlessly connects consumers with businesses to provide an actionable flow of events resulting in a fast and secure way of making business happen successfully.
Our Products :
QR Code Technology – QR code to accept payment anywhere
Payment Link – Create, share and send links to collect payment
Payment Gateway – Accept payment on your website/apps
Subscription – Collect recurring subscription payments
Mission of Foloosi:
The world is going faster day by day with the power of digital information & technology. Our mission includes,
To make digitized payments/ transactions throughout UAE reforming the cash payments
To provide easy payments for customers to pay bills, recharge, book tickets, scan, and pay, etc and make them enjoy their life
Enables business owners to accept payments without the need of any POS/ swipe machine or any other larger infrastructure problem
Foloosi is ranked by Forbes magazine as Top 20 Fintech Startup in Middle East.
Foloosi offers a complete technically advanced digital solution, which seamlessly connects consumers with businesses to provide an actionable flow of events resulting in a fast and secure way of making business happen successfully.
Our Products :
QR Code Technology – QR code to accept payment anywhere
Payment Link – Create, share and send links to collect payment
Payment Gateway – Accept payment on your website/apps
Subscription – Collect recurring subscription payments
Mission of Foloosi:
The world is going faster day by day with the power of digital information & technology. Our mission includes,
To make digitized payments/ transactions throughout UAE reforming the cash payments
To provide easy payments for customers to pay bills, recharge, book tickets, scan, and pay, etc and make them enjoy their life
Enables business owners to accept payments without the need of any POS/ swipe machine or any other larger infrastructure problem
Foloosi is ranked by Forbes magazine as Top 20 Fintech Startup in Middle East.
Location: United Arab Emirates, Dubai
Employees: 11-50
Phone: +971 56 414 0707
Total raised: $2M
Founded date: 2018
Investors 1
Funding Rounds 1
| Date | Series | Amount | Investors |
| 28.05.2021 | Series A | $2M | - |
Mentions in press and media 2
| Date | Title | Description |
| 28.05.2021 | Foloosi raises USD 2 million | Foloosi, a UAE-based Fintech startup that enables merchants and businesses to accept and collect payments from customers, has raised a $2M Pre-Series A funding round, led by angel investors from Abu Dhabi, with participation from investors ... |
| 09.09.2019 | Foloosi targets GCC expansion with $500k seed funding | Cashless payments services provider Foloosi aims to expand across the GCC region, starting with Saudi Arabia, after raising $500,000 in seed funding, writes Jane Connolly. MENAbytes reports that the Dubai-based fintech start-up raised the m... |