Provider profile

Foloosi

1 product compared

Visit Foloosi ↗

Raqma's read on Foloosi

Summarised from catalogue fields — not a paid placement.

Products tracked
1 across 1 category (Payment gateways)
Licence status
No UAE licence on record — verify directly
Public rating
Apple App Store (AE): 1/5 · 2 reviews — snapshot 2026-10-23 (source)
Free-zone acceptance
1 of 1 products accept free-zone licences
Last reviewed

In short: Foloosi has a focused offer in the UAE payment gateways space. No UAE licence is verified in our catalogue — confirm regulatory status directly before applying.

Is Foloosi right for you?

Fit read from catalogue fields — not a recommendation, confirm terms with the provider.

UAE SMEs
Partial fit 1 product tracked across 1 category
E-commerce merchants
Strong fit 1 payment product
Free-zone companies
Strong fit 1 of 1 products accept free-zone licences
Import-export businesses
Limited No cross-border products tracked
Startups needing corporate banking
Partial fit Approval details not yet verified

Strengths and watch-outs

Aggregated across the tracked Foloosi catalogue — exact terms are on each product page.

Where Foloosi stands out

  • Accepts free-zone licences

Licensing

  • UAE Central Bank — in-principle approval — CBUAE in-principle approval for a Retail Payment Services Category III licence (Sept 2026).

Verified answers

What does Foloosi offer merchants?

Payment links and gateway acceptance for UAE businesses alongside a consumer app for recharges and bill payments — an all-in-one mobile payment platform.

Source: foloosi.com · verified

Does Foloosi publish merchant pricing?

No public merchant rate card was found on the site — terms are agreed during onboarding.

Source: foloosi.com · verified

Frequently asked questions

Is Foloosi licensed in the UAE?

We could not verify a UAE licence for Foloosi in our catalogue. Check the provider’s regulatory status directly before applying.

What Foloosi products can I compare here?

We track 1 Foloosi product: Foloosi. Each entry shows the published fees, requirements and approval details.

How do I apply for Foloosi?

Raqma is a comparison service — we do not process applications. Review the products on this page, then continue to Foloosi’s own onboarding through the outbound links.

Comparison service — not a bank, lender or PSP How we rank How we make money