Foloosi
ActiveMerchant 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
Funding Rounds
BridgeMay 2021
$2MCompany's own term: "pre_series_a".
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