Fintech Press Releases

Latest press releases and industry updates in the financial services sector.

UAE fintech startup Foloosi raises $500K in a SEED funding round

Kaviarasu from Foloosi Technologies LTd
07 Sep 2019
Foloosi is a UAE Fintech startup facilitating consumer-to-business card payments by enabling the business to display QR code, Payment Link and API integrations for the customer to scan & pay conveniently. Foloosi has raised a seed fund of $500k from existing investor Rasheed Alfalasi along wit...

Dubai residents rushed to buy health insurance following the mandatory cover deadline set by DHA

Tom Paye from
17 May 2017
Interest in comparing and buying health insurance online in the UAE spiked significantly as Dubai residents rushed to make up for missing a deadline for getting covered set by the Dubai Health Authority (DHA). The DHA had mandated that every resident of Dubai should be covered with health insu...