Flooss

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.

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

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

• Sharia-compliant consumer financing
• Digital lending platform
• AI credit underwriting
• Checkout financing
• Islamic fintech

Headquarters

HQ city

Jid Hafs

HQ country

Bahrain

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. 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

Core 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

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature2 records

Partnerships

One partnership is on record.

• OpttycoreTechnology or Integration · 11 March 2026Flooss 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

Direct 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

• Facebookfacebook.com/Floossbh

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flooss