“Can a CBB- and SAMA-licensed Sharia-compliant instant financing platform become the embedded Islamic consumer finance layer across GCC merchant checkouts?”
Founded in 2021 in Bahrain, Flooss launched as a CBB-licensed Sharia-compliant instant digital financing app focused on the Bahraini consumer market, differentiating via speed and paperwork-free processes. The company partnered with BENEFIT (Bahrain's national payments network) to enable seamless disbursements. By 2026, Flooss expanded regionally into Saudi Arabia under a separate licensed entity regulated by SAMA, and struck a partnership with global payments infrastructure provider Optty to embed its financing at GCC merchant checkouts — positioning itself as an embedded Islamic BNPL/consumer finance layer for the GCC.
Flooss moves money over ACH.
The Embedded Finance Index 2026 maps 2 layers in Flooss's stack: Money movement (ACH); Lending (Sharia-compliant instant consumer financing (Bahrain, up to 1500 BD / 18 months) and Shariah-compliant consumer microfinancing (Saudi Arabia)).
Flooss is founded in 2021 and headquartered in Seef, Bahrain.
Get a read on where your own stack stands against Flooss and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.