Foloosi: Funding, Investors & Team (Oct 2026)
Foloosi 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
Foloosi has raised $2.0M across 1 funding round on record, the most recent an undisclosed round of $2.0M announced in May 2021.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Foloosi Company Profile and Key Stats
Latest funding round on record: May 2021.
Foloosi Funding Rounds
Foloosi Founders and Leadership Team
Contact details for the Foloosi team: 1 of 1 has an email address on file.
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Foloosi's latest round of $2.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Foloosi Funding FAQs
What does Foloosi do?
Foloosi 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
How much funding has Foloosi raised?
Foloosi has raised $2.0M across 1 round on record. The most recent is an undisclosed round of $2.0M announced in May 2021.
When did Foloosi last raise funding?
Foloosi's most recent funding round on record is an undisclosed round of $2.0M, announced in May 2021.
Who is the CEO of Foloosi?
Omar Bin Brek is listed as CEO at Foloosi.
Where is Foloosi headquartered?
Foloosi is based in Dubai, United Arab Emirates.
How many employees does Foloosi have?
Foloosi is in the 11-50 employee band.
How does Foloosi's funding compare to other Financial Services startups?
Foloosi's latest round of $2.0M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Foloosi Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Foloosi is left off this page rather than filled in.
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