Menu

Transforming the Way You Use Your Corporate Card

Foloosi Corporate cards are designed to simplify and streamline business expenses by providing a centralised platform for tracking and managing company spending with Improved Efficiency, Enhanced Visibility, Increased Security and Convenience
Get Started >
Replace petty cash with smarter spending insights

Streamline Your Finances

Frustrated by the inefficiencies of petty cash? Our solution offers a more streamlined and transparent way to manage your company’s finances. With real-time tracking and automated processes, you can eliminate manual errors. Gain full control over spending while ensuring transparency and accuracy in your financial management.
Advantages of using our Prepaid Cards
From a single module to the entire platform, Foloosi card streamlines your financial operations along with the below benefits
How can you use Foloosi Cards?
Get started
To get started with Foloosi, first verify your company for account activation. This step ensures security and compliance. Once verified, you can easily load funds into your account.
Set your rules
Customize your Foloosi experience by defining teams, setting up approval workflows, and establishing spending limits that align with your business needs. .
Invite your team
Enable employees to request funds, make secure payments, and easily submit receipts through the Foloosi app. This streamlined process enhances efficiency and simplifies expense management for everyone
Enjoy smarter spending
Simplify your expense management and gain better control over your company's finances. By streamlining processes and enhancing visibility, you can make informed financial decisions with ease.
Frequently Asked Questions
What is Foloosi card?
Foloosi offers an all-in-one business spending solution powered by smart Visa Corporate cards. It empowers employees to make the purchases they need to get their work done, while enabling owners and finance teams to maintain full control and visibility over business spending. Foloosi Corporate cards can be issued either physically or virtually to your employees which are ideal for both in-store and online purchases. You can customize spending limits for each card to match your specific needs, block cards instantly for added security and say goodbye to petty cash and endless OTPs. Foloosi streamlines your business expenses and provides unparalleled control over your business spending.
What are the unique features of Foloosi Card?
  • Unlimited virtual and physical corporate cards.
  • Smart and Streamlined Expense management.
  • Invoice management (In the future, we can integrate an invoicing solution for merchants, allowing them to collect their accounts receivable).
  • Accounting integrations (Integration possibilities with accounting management software, etc.).
  • Spend analytics.
Who can use Foloosi card?
From small businesses to large corporations, Foloosi Card is a game-changer for companies struggling with outdated expense tracking methods.
Foloosi Card is available in?
We currently serve businesses with legal entities in the UAE.
What is the cost for using Foloosi?
Foloosi card’s pricing is tailored to your specific needs. Contact us for a personalised quote.
Is the funds safe with Foloosi and how is it handled?
Yes, your funds are stored in a bank account. This means that neither Foloosi—nor anyone else—has any direct access to your money. Only you can access your funds. Your funds are only used when you execute payment transactions using the Foloosi Card. In the unlikely event of Foloosi going bankrupt or becoming insolvent, the balance in your account would be returned to you..
How do I contact Foloosi?
You can reach out to us at business@foloosi.com. For any card-related queries or actions, you may contact us, and our dedicated team will be ready to support you.
What information do you need about my business?
To satisfy regulatory requirements and ensure safety across our platform, we need to understand your business operations, ownership structure, source of funds, and other necessary details to complete the KYB (Know Your Business) checks. We must verify your identity and that of your employees to ensure it is genuinely you and your team applying for access to our platform. In addition to KYB, these details help us prevent fraud and protect against scammers who may seek to abuse our products and services for illicit or illegal purposes.
How do I track and manage the expenses on the card?
You will have access to a sophisticated platform that provides complete information about the cards, spending, etc.
How does Foloosi Card work?
Foloosi card provides employees with a payment tool for business-related expenses directly linked to the company's financial account. Here's how it typically operates:
  • Issuance: The company issues the corporate card to an employee based on their role and spending needs.
  • Use for Expenses: Employees use the card for eligible business expenses, such as travel, client meetings, or office supplies.
  • Spending Controls: Companies can set specific spending limits and restrictions on each card, which can include daily limits, merchant category restrictions, or even geographic limitations.
  • Tracking and Reporting: All transactions made with the card are tracked and recorded automatically. This data can be accessed through the company’s spend management platform.
  • Integration with Accounting: Transactions are automatically categorized and synced with the company’s accounting software, facilitating real-time financial tracking and easier reconciliation.
  • Review and Approval: Transactions can be reviewed and approved by managers or finance teams, ensuring compliance with company policies.