F
FLOOSS
Bahrain · Fintech
FLOOSS provides Sharia-compliant digital consumer financing in Bahrain through an automated underwriting platform.
Product
The company uses an AI and machine-learning credit engine, including open-banking and handset data, to assess applications from consumers underserved by traditional banks. Approved cash financing can be disbursed directly into customers’ bank accounts.
Led by founder Fawaz Ghazal, FLOOSS also offers buy now, pay later services and device financing. It operates under Central Bank of Bahrain supervision.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Asset-backed credit facility | $22M | Shorooq — Participant |