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Foloosi

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Merchant payments stack: payment gateway, payment links, QR payments, Tap to Phone, POS, invoicing and recurring billing

Dubai, UAEFounded 2018
Fintech

Foloosi is a Dubai-based payments company that lets merchants accept card payments through QR codes, payment links, APIs, Tap to Phone and POS. It says it has processed more than AED 7 billion for over 10,000 merchants. In September 2026 it received in-principle approval from the UAE Central Bank for a Category III licence under the Retail Payment Services and Card Schemes Regulation.

Founders

Omar Bin Brek

Co-Founder & CEO

Mohan K

Co-Founder

Funding Rounds

BridgeMay 2021
$2M

Company's own term: "pre_series_a".

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