Foloos

Foloos is a financial technology company that aims to provide consumers a simplified marketplace with an easy to use interface to shop for their personal financial needs from the convenience of their smartphones. Our company was established in January 2020 and conceptualized when our founder repeatedly heard from family and friends about how time consuming and complex the Retail Lending process is. Last minute needs were to be met by credit card spends at exorbitant costs. Being surrounded by millennials and Gen Z, we questioned why we couldn't make lending easier and use our always-available smartphones to shop for financial products. Our focus is to deliver services to consumers and to be an important partner to Banks / Non-Banking Financial Institutions (NBFIs) through an end to end automated, digitized app ensuring the convenience, security and instant service for Retail Lending. Our solutions serve as conduit between borrowers and lenders ensuring full transparency to lenders by providing all necessary details to make lending decisions.