Foloosi

https://magnitt.com/startups/undefined/foloosi-0

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Company Information

Foloosi (https://www.foloosi.com) is a UAE Fintech startup facilitating consumer-to-business card payments by enabling the business to display QR code, Payment Link and API integrations for the customer to scan & pay.

Foloosi offers a complete technically advanced digital solution, which seamlessly connect consumers with businesses to provide actionable flow of events resulting in a fast and secure way of making payments based on QR codes and card networks.

Foloosi enables businesses in the UAE to get paid using QR code technology without the need of POS machine or any additional hardware. While the payment is deducted instantly, the merchant can also receive instant payment notifications.

Our Product :

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:

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 to enjoy their life
 Enables business owners to accept payments without the need of any POS/ swipe machine or any other larger infrastructure


Date Founded 01/2018

Primary Industry N/A

Founders 2

Team Members 1 - 10

Business type N/A

Development Stage SEED

Revenue generating Yes

Linked Institutions N/A

Demographics

Headquarter: United Arab Emirates (UAE)

Branches: United Arab Emirates (UAE)

Industries: N/A

Geographical focus: N/A

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