UAE Digital-Assets Startup Fuze Raises $12.2m Series A Co-Led by Galaxy and e& Capital
The Dubai firm's digital-assets-as-a-service infrastructure lets banks and fintechs offer regulated crypto to their clients.
Dubai-based fintech Fuze has raised $12.2 million in a Series A round co-led by Galaxy and e& capital, with participation from Further Ventures.
The round brings Fuze's total funding to more than $26 million, following a $14 million seed raise in 2023. Founded in 2023 by Mo Ali Yusuf, Arpit Mehta and Srijan Shetty, the company provides digital-asset infrastructure that enables financial institutions and businesses across MENA and Turkey to offer regulated digital assets.
Fuze says it has processed more than $2 billion in digital-asset volume since launch.
The capital will support regional and global expansion, product development and hiring, as the company positions itself as an enabler of regulated crypto and stablecoin adoption for banks and enterprises.