Manama, Bahrain, 17th Oct 2024 - FLOOSS, a leading player in the fintech industry, proudly participated in the Fintech Forward event held at the Bahrain Exhibition World on recently. The event brought together industry leaders, innovators, and stakeholders to discuss the future of financial technology and its impact on the global economy.
Fawaz Ghazal, CEO of FLOOSS, was a featured speaker at the event, where he shared insights on the threats that “Buy Now, Pay Later “ schemes pose to banks. His presentation focused on the importance of technology in driving financial inclusion and improving customer experiences in an increasingly digital world.
"We are excited to be part of Fintech Forward and to engage with fellow industry leaders," said Ghazal. "Events like these are crucial for fostering collaboration and sharing knowledge that can propel the fintech sector forward. At Flooss, we are committed to leveraging technology to create solutions that empower individuals and businesses alike."
The two-day event featured a series of panels, workshops, and networking opportunities, allowing participants to explore the latest trends and developments in fintech. Flooss's participation underscores its commitment to being at the forefront of innovation in the financial technology space.
Furthermore, leveraging its success in instant financing, FLOOSS has launched a “Buy Now, Pay Later” (BNPL) Beta product in Bahrain, which provides consumers with greater flexibility in their purchasing decisions.
This BNPL service enables customers to divide their payments into smaller, interest-free instalments, facilitating better expense management. This initiative is in line with FLOOSS’s mission to deliver accessible financial solutions and is already receiving positive feedback from both consumers and merchants. Through this introduction, FLOOSS seeks to enhance its footprint in the retail and e-commerce sectors in Bahrain.
FLOOSS Bahrain B.S.C. (Closed), licensed by the Central Bank of Bahrain (CBB) as a financing company, is the first digital financing company in Bahrain. FLOOSS continues to expand its innovative financial products and services, contributing to the growth of fintech in the region.
For more information about FLOOSS and its initiatives, please visit https://flooss.com/
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Contact Person: Husain Naser
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Contact Number: +97337701002
State: Manama
Country:Bahrain
Release id:18597
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