Do you use Flouci to send money, check your balance or pay your bills? You might think you're dealing with a bank. And yet Flouci holds no banking licence and has no physical branches. So how can an app like Flouci legally offer such advanced financial services in Tunisia?

The answer lies in a regulated model, approved by the Central Bank of Tunisia, called Banking-as-a-Service (BaaS). Under this model, Flouci acts as a technology interface that connects its users to the services of a licensed partner bank. This partnership allows Flouci to offer digital financial services fully legally, through a mechanism called BIN Sponsorship.

The BIN (Bank Identification Number) is a strictly regulated banking identifier. As part of this partnership, the partner bank makes its BIN available to Flouci under a formal agreement. This allows Flouci to legally use banking infrastructure to offer payments, money transfers and even account opening, without being a bank in the legal sense.

Flouci does not hold its users' funds or handle them directly. It acts as a technology gateway between citizens and the official banking system. The services offered are fast, secure, 100% digital and supervised by the Central Bank of Tunisia, ensuring a high level of compliance, transparency and reliability.

In this setup, Flouci also actively negotiates with its partner banks to secure the best offers for its users in terms of pricing, features and customer experience. The goal is clear: to offer a digital banking service that is accessible, good value and compliant.

This innovative model positions Flouci as a key player in financial inclusion in Tunisia. By simplifying access to banking services through an intuitive app, it removes traditional barriers such as queues, paperwork and excessive fees. It lets Tunisians access their money at any time, keep their accounts secure and benefit from a solution that complies with national law.

So Flouci is not a bank. But it enables every citizen to benefit from modern, secure and regulated banking services that meet international standards.