The Finance World Magazine| Edition: September 2023

Fintech
September Spotlight: Fintech Innovations
Shaping the Future
In an era marked by rapid technological advancement, the intersection of finance
and technology has given rise to a wave of transformative solutions, challenging
traditional norms and redefining the way we manage, invest, and transact. In
the present context, the spotlight redirects its beam towards the ingenious
marvels of fintech, with Xpence, Bankiom, and Foloosi standing as catalysts
in the process of revolutionizing facets extending from digital payments and
blockchain applications to the intricate mechanisms of decentralized finance.
Foloosi
Foloosi, under the visionary
guidance of its Founder and
CEO, Omar Bin Brek, emerges
as a transformative force in
shaping the modern financial landscape.
With an unwavering mission
to empower businesses, both large
enterprises and startups alike, Foloosi’s
cutting-edge software and APIs
have revolutionized payment acceptance,
payouts, and online business
management. This unified platform
offers an integrated suite of payment
products, providing the essential
foundation for websites and apps to
seamlessly accept payments and send
payouts across the globe. From powering
payments for online retailers and
subscriptions to software platforms
and marketplaces, Foloosi’s reach is
comprehensive and all-encompassing.
Central to Foloosi’s prowess is the
Foloosi App, a mobile payment enabler
supported by seamless integrations
and a robust customer relations
management system. This synergy
results in a fast, modern, and secure
ecosystem that leverages technology’s
advanced potential. Functioning as a
UAE business enabler, Foloosi offers
user-friendly options designed for
accessibility, convenience, and simplicity.
With trusted partners ensuring
security, Foloosi’s online marketplace
provides a streamlined platform for
customers to make payments for products
and services, thus enhancing the
overall customer experience.
Driven by an inventive, safe, and
convenient ethos, Foloosi’s mission
is to become the go-to companion
for innovative technology in a smart
mobile-powered digital economy. It
stands committed to introducing the
latest innovations while fortifying
IT security measures and enhancing
user experiences. Foloosi envisions
being among the world’s premier
online marketplace payment portals,
fostering comprehensive business
empowerment for all. Businesses, irrespective
of size, gain a multitude of
advantages through increased Foloosi
usage, including reduced fraud, faster
payment processing, lower fees, and
enhanced customer loyalty.
Omar Bin Brek,
Founder and CEO
16 www.thefinanceworld.com September 2023