# Idriss Al Rifai

> Idriss Al Rifai is the French-Iraqi co-founder and CEO of Flow48, which provides revenue-based and invoice financing to SMEs. Previously the founder of Fetchr and an executive at Glovo and Borzo, he brings experience in ecommerce, logistics and fundraising to business lending. His earlier career included professional basketball, French military service and consulting at BCG.

- **Role:** Co-Founder & CEO at Flow48
- **Organizations:** Flow48, Fetchr, Glovo, Borzo, Boston Consulting Group, MarkaVIP, Endeavor
- **Nationality:** French-Iraqi (self-described heritage)
- **Education:** MBA, University of Chicago Booth School of Business
- **Known for:** Founded Fetchr to address delivery challenges using smartphone GPS locations., Led Fetchr through its 2015 and 2017 institutional funding rounds., Co-founded Flow48, which announced a $69 million mixed debt-and-equity Series A in February 2025.

## Career timeline

- **Before 2008** — Played professional basketball in Paris; subsequently served in the French Special Forces and on a team advising the French Minister of Defense, according to his interviews.
- **2010** — Graduated from Chicago Booth and joined Boston Consulting Group.
- **2012** — Worked at MarkaVIP, then founded the logistics business that became Fetchr.
- **2015** — Fetchr raised an $11 million Series A led by NEA.
- **2017** — Fetchr announced a $41 million Series B.
- **2020** — Left Fetchr in January and joined Glovo in strategy, data and new businesses.
- **2022** — Appointed CEO of Borzo in January; co-founded Flow48 in 2022.
- **2023** — Flow48 announced a $25 million pre-Series A combining debt and equity.
- **2025** — Flow48 announced a $69 million debt-and-equity Series A led by Breega.
- **2026** — Listed as a Flow48 co-founder and CEO speaker at Sharjah Entrepreneurship Festival.

## Achievements

- Founded Fetchr to address delivery challenges using smartphone GPS locations.
- Led Fetchr through its 2015 and 2017 institutional funding rounds.
- Co-founded Flow48, which announced a $69 million mixed debt-and-equity Series A in February 2025.
- Chicago Booth MBA, class of 2010.
- Identified as a Fulbright Scholar in Endeavor’s published biography.

## Latest updates

- **2026-10** — Appeared on the Delusional Podcast episode published October 2, discussing Fetchr, fundraising and Flow48.
- **2026-01** — Listed on the January 31 Sharjah Entrepreneurship Festival panel about athletes becoming founders.
- **2025-12** — Featured in the first episode of Sprezzatura, discussing leadership, belonging and Flow48.
- **2025-02** — Flow48 announced a $69 million Series A combining debt and equity, with Saudi expansion among its plans.

## Links

- LinkedIn: https://www.linkedin.com/in/ialrifai/
- Twitter/X: https://x.com/Idriss_alrifai

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Profile page: https://yespress.io/idriss-al-rifai
Published by YesPress — https://yespress.io
Last updated: 2026-10-15