FLOOSS | Instant Finance 12.43.0

Payment International Enterprise ❘ Freeware ❘
Android iOS
out of 63 votes

FLOOSS: Your One-Stop Solution for Instant Finance

Elena Angelini

01/11/2025

FLOOSS simplifies personal finance management with its seamless instant payment features, making budgeting easier than ever.

Introducing a New Feature: FLOOSS is now Sharia Compliant, providing prompt access to financial solutions tailored to your needs.

Experience swift approval in just 6 minutes and receive up to BD1000 instantly, all within moments!

FLOOSS proudly stands as the premier digital and instant Islamic finance provider in Bahrain. Eligibility criteria include being above 21 years old, employed, and a resident of Bahrain. Apply today to elevate your financial journey.

Additional App Highlights:

Convenient bill payment options, including EWA
Digital wallet functionality
Purchase vouchers for popular platforms like PlayStation and Xbox

Flooss Bahrain B.S.C (Closed) and Payment International Enterprise B.S.C (Closed) hold licensing from the Central Bank of Bahrain as a Financing Company and Ancillary Service Provider, respectively.

Experience unparalleled speed in approvals, instant cash transfers to your account or STC Pay wallet, minimal eligibility requirements, and a branchless application process.

Profit specifications for personal financing in compliance with Shari'a principles:

Murabaha Margin: 16%-18%
Maximum Finance: 1000 BHD
Minimum Finance: 100 BHD
Maximum Financing Duration: 12 Months
Minimum Financing Duration: 2 Months

Qualifications for Personal Financing:

Employed individuals
Aged 21 years and above
Bahraini residents

Key Finance Features:

Licensed by the Central Bank of Bahrain
Approval process under 6 minutes
Seamless application procedure
Instant fund disbursal
Repayment terms extendable up to 12 months
Paperless application system
No hidden fees or charges
Near-instant crediting to bank accounts within seconds

Required Application Documents:

A 3-month bank statement reflecting salary details or opt for open banking for rapid approval

Fees and Charges:
Murabaha Margin: 16%-18%
Admin Fees: 6.5 BHD (Fixed for all customers)
VAT (10% of the Admin Fees)
Liability Letter Fee: 0
Financial Statement Fee: 0
Early Settlement Fee: 0
Late Payment Fee: 0
Release Letter Fee: 0 (No Obligation Letter)

Awarded the Stevie Gold Award for App Excellence in the MENA Region.

Your security and data privacy are paramount to us; FLOOSS safeguards your information and never solicits PINs.

Overview

FLOOSS | Instant Finance is a Freeware software in the category Business developed by Payment International Enterprise.

The latest version of FLOOSS | Instant Finance is 12.43.0, released on 05/02/2024. It was initially added to our database on 04/02/2024.

FLOOSS | Instant Finance runs on the following operating systems: Android/iOS.

Users of FLOOSS | Instant Finance gave it a rating of 4 out of 5 stars.

Pros

User-friendly interface that simplifies financial management for users.
Supports multiple currencies, making it useful for international transactions.
Offers instant transaction updates, enhancing tracking and record-keeping.
Includes budgeting tools to help users manage their finances effectively.
Strong security measures to protect user data and transactions.

Cons

Limited customer support options, which may hinder timely assistance.
Some features require additional fees, which can increase overall costs.
Not all banks or financial institutions may integrate with the platform, limiting usability.
Initial setup may be complex for users unfamiliar with financial software.
Occasional software bugs reported by users affecting functionality.

FAQ

What is FLOOSS?

FLOOSS is an instant finance service offered by Payment International Enterprise that allows users to access quick financial solutions for their needs.

How does FLOOSS work?

FLOOSS provides a platform where users can apply for instant loans or financial assistance online. Once approved, the funds are typically disbursed quickly to the applicant's account.

Who is eligible to use FLOOSS?

FLOOSS is available to individuals who meet certain criteria, including age, income level, and creditworthiness, as determined by Payment International Enterprise.

What types of loans are available through FLOOSS?

FLOOSS offers various types of loans including personal loans, emergency cash loans, and short-term financing options.

How long does it take to receive funds after approval?

Users can expect to receive funds within a few hours after loan approval, depending on the bank's processing times.

Is there a fee for using FLOOSS services?

Yes, there may be processing fees or interest charges associated with the loans. For detailed information, please refer to the terms and conditions.

Can I repay my loan early with FLOOSS?

Yes, users have the option to repay their loan earlier than the agreed term without any penalties. However, it's best to check specific terms before proceeding.

What happens if I miss a payment?

If a payment is missed, FLOOSS may charge late fees and could affect your credit score. It's important to contact customer service for options in such cases.

How can I contact customer support for FLOOSS?

Customer support can be reached through the official website of FLOOSS or via their designated customer service hotline.

Is my personal information safe with FLOOSS?

Yes, FLOOSS employs industry-standard security measures to protect personal and financial information of its users.

Elena Angelini

I'm Elena, your go-to software reviewer at UpdateStar and tech enthusiast. Whether you're a user seeking the latest software titles or software news I've got you covered. When I'm not diving into the latest software, you can find me exploring nature trails, camping under the stars, or competing in online multiplayer games. My reviews are designed to be fun, engaging, and packed with all the details you need to make informed decisions.

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