Floooz offers a mobile‑ATM service that lets UAE residents convert digital assets, cryptocurrencies, or fiat balances into physical cash delivered to their location. Users register with UAE Pass, request cash or currency exchanges in the app, and receive cash from partnered couriers after biometric and PIN verification, with real‑time tracking and 24/7 support.
Funding
Funding not disclosed
Founders
Product
Problem
Individuals in the UAE who hold digital assets or need to convert currencies often lack a convenient way to obtain physical cash without visiting a bank or exchange office, leading to time-consuming trips and limited access to on‑demand liquidity.
Solution
Floooz provides a mobile‑ATM service that lets users turn digital assets, cryptocurrencies, or fiat balances into physical cash directly from their smartphones. After registering via UAE Pass, users can request cash, exchange currencies at competitive rates, or trade crypto within the app. The platform coordinates delivery through partnered couriers, who hand over cash in person after biometric and PIN verification. All transactions are protected by end‑to‑end encryption, biometric authentication, and real‑time envelope tracking, ensuring security and transparency. Support is available 24/7 to assist users throughout the process.
Target Audience
Primary customers are UAE residents who hold cryptocurrencies or need rapid fiat currency conversion and cash access, including expatriates, freelancers, and retail consumers seeking on‑demand liquidity.
Features
- In‑app crypto exchange and fiat‑to‑fiat currency conversion with transparent, competitive fees
- Mobile‑ATM cash delivery: users receive physical cash from partnered couriers at their location
- Biometric authentication and PIN verification for secure transaction approval
- Real‑time tracking of cash delivery envelopes and receipt confirmation
- Integration with UAE Pass for identity verification and streamlined onboarding
- 24/7 customer support for assistance and issue resolution