Mubasher: Sharia-compliant digital consumer finance platform FLOOSS has won two awards for the third consecutive year at the fifth edition of Deloitte’s Technology Fast 50 Middle East, according to a press release.
FLOOSS, which is located in Bahrain, received the Leaders and Rising Star awards as part of Deloitte’s Technology Fast 50 program for the Middle East and Cyprus, in an achievement that reflects its continued strong performance and rapid growth in the financial technology sector.
This recognition builds on the company’s strong track record of achievements within Deloitte’s awards program. Meanwhile, FLOOSS continues to cement its position among the region’s fastest-growing technology companies, supported by a fully integrated digital business model that combines innovation, operational efficiency and credit discipline.
The Rising Star award reflects FLOOSS’s ability to achieve accelerated growth, supported by the expansion of its customer base and the continued development of its digital products.
Moreover, the Leaders award embodies the company’s success in building a highly capable team that is driving its growth journey and strengthening its competitiveness at both the local and regional levels.
This achievement further reaffirms FLOOSS’s commitment to providing flexible and fast financing solutions through a fully integrated digital experience that helps broaden access to financial services and supports the continued development of the region’s fintech ecosystem.
Chairman of FLOOSS, Tariq Alsaffar, said: “This achievement also reinforces our confidence in the company’s capacity to continue its growth trajectory and strengthen its presence in promising markets, including the Kingdom of Saudi Arabia and the United Arab Emirates.”
Alsaffar added: “This approach will support FLOOSS’s sustainable growth ambitions, further strengthen its market position and deliver lasting value to customers, partners and the wider fintech ecosystem in Bahrain and across the region.”
The Deloitte Technology Fast 50 program is one of the leading initiatives celebrating the fastest-growing technology companies in the Middle East. It is based on a rigorous assessment of growth and performance indicators and honors businesses that succeed in delivering innovative business models with a tangible impact on the markets in which they operate.
It is worth noting that FLOOSS Bahrain is licensed by the Central Bank of Bahrain as a financing company and is among the first companies to introduce the instant digital financing model in Bahrain.
