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  • Foloosi announces "pre-seed" funding
  • June 12, 2019
  • Foloosi has raised an undisclosed amount of pre-seed fund from Angel fund investor Rashed Alfalasi in May 2019.

    Foloosi, a UAE Fintech startup facilitating consumer-to-business card payments through several ways by enabling businesses to display QR code, share Payment Links and API integrations makes it possible to accept card payments without the need of a POS machine.

    Co-founders Omar Bin Brek and Mohan K with an in-house team of 6 has managed to get the idea off the ground and continue to serve as a valuable start-up in the UAE market.

    United Arab Emirates has the highest banking penetration rate...
  • View more at: https://www.1888pressrelease.com/foloosi-announces-pre-seed-funding-pr-657628.html