Flooss
Flooss is a Bahrain-based Sharia-compliant digital consumer financing platform offering instant loan approvals and embedded checkout financing, powered by a proprietary AI/ML credit engine. It serves digitally active consumers and GCC merchants across eCommerce, travel, education, insurance, and lifestyle sectors.
- Company typePrivate
- Founded2021
- HeadquartersJid Hafs, Bahrain
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Flooss does
Flooss is a Bahrain-based Sharia-compliant digital consumer financing platform that provides instant loan approvals and embedded checkout financing to consumers across the GCC region. The company operates two integrated product lines: an instant consumer loan platform offering minute-level approvals for cash financing, and an embedded checkout financing solution distributed through merchant point-of-sale integrations. Both products are powered by Flooss's proprietary AI/ML credit engine, which processes structured consumer financial data for underwriting and risk assessment. The platform is licensed by the Central Bank of Bahrain for digital consumer financing operations and has obtained a license to operate in Saudi Arabia as part of its regional expansion strategy.
Flooss serves digitally active consumers underserved by traditional credit channels, particularly those seeking Sharia-compliant financing options in the GCC, as well as merchants across eCommerce, travel, education, insurance, and lifestyle sectors. The company employs a hybrid go-to-market combining direct-to-consumer mobile app distribution with a B2B2C model that embeds financing products into merchant checkout experiences through the Optty payments platform. The mobile app has exceeded 500,000 downloads and holds the No. 1 ranking in the Bahrain Finance app category. Revenue is generated through transaction fees on each financing transaction; specific pricing tiers and fee structures are not publicly disclosed.
Founded in 2021 in Manama, Bahrain, Flooss has issued over $100 million in financing since inception. In January 2026, the company secured a $22 million Sharia-compliant credit facility from Shorooq Partners, marking Bahrain's first private asset-backed financing structure and providing institutional validation of its credit underwriting model. The funding is earmarked for scaling the outstanding portfolio, reinforcing Bahrain market leadership, and supporting regional expansion into Saudi Arabia and other GCC markets.
Flooss firmographics
Firmographics- Name
- Flooss
- Legal name
- Flooss
- Website
- https://flooss.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Flooss is a Bahrain-based Sharia-compliant digital consumer financing platform offering instant loan approvals and embedded checkout financing, powered by a proprietary AI/ML credit engine. It serves digitally active consumers and GCC merchants across eCommerce, travel, education, insurance, and lifestyle sectors.
- Ownership category
- akta.pro rank
Flooss industry classification
Industry- Product category
- Consumer Lending
- NAICS
- Sales Financing (52222), Credit Intermediation and Related Activities (522)
- SIC
- Personal Credit Institutions (6141), Finance Services (6199)
- akta.pro primary industry
- Omnichannel POS Financing (Unified Online + In-Store) (FSAKAFAE)
- akta.pro secondary industry
- Cash Advance (Online & Storefront) (FSAKAMAC)
Keywords
Where Flooss is headquartered
LocationHeadquarters
- HQ city
- Jid Hafs
- HQ country
- Bahrain
- HQ region
- Middle East
Offices1 record
Markets served
Flooss business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Consumer Loan Financing: Flooss generates revenue through providing Sharia-compliant consumer financing at point of sale. The platform enables instant approvals for consumer loans, with financing limits and repayment periods as key product parameters. Revenue is generated on each transaction when consumers use Flooss financing at merchant checkout.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels2 records
Flooss product offering
Product offeringCore offering
Flooss provides Sharia-compliant digital consumer financing through an instant loan platform that approves applications in minutes, as well as embedded checkout financing offered at merchant point-of-sale through the Optty payments infrastructure. Both products are underwritten by Flooss's proprietary AI/ML credit engine and operate under Central Bank of Bahrain oversight, targeting digitally active consumers underserved by traditional credit across the GCC.
Product overview
Flooss operates as a unified digital consumer financing platform offering two integrated product lines: an instant consumer loan platform enabling Sharia-compliant cash financing with minute-level approvals, and an embedded checkout financing solution for merchant point-of-sale integration. Both products are powered by the company's proprietary AI/ML Credit Engine which handles credit underwriting and risk assessment. Founded in 2021 in Manama, Bahrain, the platform is licensed by the Central Bank of Bahrain and has issued over $100 million in financing since inception.
Differentiator
Problem solved
Functional benefit
Products and services
- Instant Consumer Loan Platform Digital platform enabling consumers in Bahrain (and now Saudi Arabia) to apply for Sharia-compliant personal loans directly from a mobile app, with minute-level approval decisions, increased financing limits, and longer repayment periods.
- Sharia-Compliant Checkout Financing Embedded Sharia-compliant consumer financing offered at merchant checkout through the Optty payments infrastructure, allowing consumers to finance purchases across eCommerce, travel, education, insurance, and lifestyle sectors without additional technical integration by the merchant.
Quantifiable outcome
- 500,000+ app downloads
- +2 more outcomes
Companies that use Flooss
Customer profileSegments2 records
Ideal customer profiles2 records
Flooss technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature2 records
Flooss partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- OpttycoreFlooss partnered with Optty to integrate its Sharia-compliant consumer financing products into Optty's global payments infrastructure across the GCC region. The collaboration enables merchants across eCommerce, travel, education, insurance, and lifestyle sectors to offer regulated financing at checkout without requiring additional technical integration from merchants. This partnership combines Flooss's consumer-financing expertise with Optty's payments infrastructure to support the evolution of digital commerce across the GCC.
Scale indicators5 records
Recent moves8 records
Expansion highlights5 records
Flooss competitors and assessment
Company assessmentDirect peers
- Tabby: MENA BNPL and consumer financing platform operating across the GCC including Saudi Arabia. Direct competitor to Flooss in merchant checkout financing and consumer credit, with substantially larger scale and funding.
- Tamara: Sharia-compliant BNPL and consumer financing platform headquartered in Saudi Arabia. Closest direct competitor to Flooss given shared Sharia-compliance positioning and GCC merchant checkout focus.
- Postpay: MENA BNPL provider offering installment financing at merchant checkout. Directly competes with Flooss's embedded checkout financing product across GCC eCommerce and travel merchants.
- Spotii: BNPL and consumer credit platform serving GCC markets. Comparable to Flooss in offering short-term consumer installment financing at point of sale, with overlapping merchant and consumer segments.
- Cashee: MENA consumer fintech offering cash advances and consumer credit to younger, digitally active users. Directly comparable to Flooss's instant consumer loan product targeting similar underserved consumer segments.
Regional players
- Souhoola: Egypt-based Sharia-compliant consumer finance platform. Comparable in product (Sharia-compliant consumer installment lending) and target segment, though operating in a different GCC-adjacent geography.
Emerging players
- Lean Technologies: MENA open banking infrastructure provider that enables lenders and fintechs to access consumer financial data for credit underwriting. Adjacent to Flooss's AI/ML credit engine via shared focus on data-driven GCC consumer credit.
- Telr: GCC payments infrastructure provider enabling merchants to accept digital payments and embed financial services. Comparable to Optty in providing the payments rails Flooss relies on for embedded checkout financing distribution.
Broad incumbents
- MNT-Halan: Egypt-based broad fintech and consumer lending platform. Operates consumer credit and embedded finance at scale across MENA, comparable to Flooss's mission of serving underserved consumers with digital financing.
Others
- Optty: Global payments orchestration and BNPL infrastructure provider that Flooss has partnered with to distribute its Sharia-compliant financing across the GCC. Distribution partner and ecosystem participant rather than direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Flooss social profiles
Digital presenceFlooss compliance and trust
Trust signalCompliance2 records
Flooss financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flooss leadership team
Management profileNumber of profiles
Flooss funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flooss M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flooss
What does Flooss do?
Flooss provides Sharia-compliant digital consumer financing through an instant loan platform that approves applications in minutes, as well as embedded checkout financing offered at merchant point-of-sale through the Optty payments infrastructure. Both products are underwritten by Flooss's proprietary AI/ML credit engine and operate under Central Bank of Bahrain oversight, targeting digitally active consumers underserved by traditional credit across the GCC.
Is Flooss a public or private company?
Flooss is a private company. It is classified as venture growth investor backed and is currently operating.
When was Flooss founded?
Flooss was founded in 2021. It employs 51 to 100 people.
Where is Flooss based?
Flooss is headquartered in Jid Hafs, Bahrain, in the Middle East region.
How does Flooss make money?
One revenue line is on record: consumer Loan Financing.
Who are Flooss's main competitors?
Direct peers on record are Tabby, Tamara, Postpay, Spotii and Cashee. Souhoola is listed as a regional player. Emerging players are Lean Technologies and Telr. MNT-Halan is listed as a broad incumbent. Optty is listed as an others.
Does Flooss have an API?
No public API is recorded for Flooss.
What industry is Flooss in?
Flooss's product category is Consumer Lending. Its primary akta.pro industry code is FSAKAFAE, Omnichannel POS Financing (Unified Online + In-Store), with a secondary code of FSAKAMAC, Cash Advance (Online & Storefront). Its NAICS code is 52222 and its SIC code is 6141.