FUZE FINANCE

History and Founding

Fuze Finance was established in 2022 in Dubai, UAE, by co-founders Mo Ali Yusuf, Arpit Mehta, and Srijan Shetty. The company was founded to address the growing demand for compliant digital asset services among traditional financial institutions in the Middle East and North Africa, a region where regulatory clarity was emerging but the technical and compliance barriers to entry remained high. Fuze's founders combined expertise in fintech, blockchain, and finance to build a platform that abstracts away the complexity of integrating multiple blockchain protocols and regulatory requirements.

Business Model

Fuze operates on a Digital-Assets-as-a-Service (DAaaS) model, generating revenue through transaction fees, subscription licences, and value-added services such as compliance monitoring and liquidity provision. Clients pay for API access, white-label solutions, and ongoing support, with pricing typically based on volume or a monthly retainer. This model allows Fuze to capture recurring revenue while enabling its institutional clients to launch crypto offerings without significant upfront infrastructure investment.

Products and Platform

Fuze's core product suite includes five main pillars: Digital Asset Payments (stablecoin-powered payment rails for cross-border and domestic transfers), Crypto Trading Infrastructure (embedded exchange capabilities with aggregated liquidity across multiple venues), Wallet-as-a-Service (custodial and non-custodial wallet options with institutional-grade security via a partnership with Hex Trust), Compliance & Security Tools (AML/KYC, transaction monitoring, and audit logs), and Developer Tooling (sandbox environment, chain-agnostic routing, and comprehensive API documentation). The platform supports over 100 digital assets, including Bitcoin, Ethereum, USDT, USDC, BNB, XRP, and Solana, and routes transactions across multiple blockchain networks through a single integration.

Market Position and Competition

Fuze positions itself as MENA's first regulated digital assets infrastructure provider specifically designed for incumbent financial institutions and regulated fintechs. It competes with other blockchain-as-a-service providers such as Fireblocks, Zero Hash, and Citi's digital asset services, but differentiates through its focus on the MENA region, its regulatory licences from ADGM, and its deep partnerships with local banks like ruya Bank. The company's early-mover advantage in a region where many financial institutions are still exploring digital asset strategies has helped it secure a strong foothold.

Regulation and Licensing

Fuze is licensed and regulated in the UAE under the oversight of the Abu Dhabi Global Market (ADGM) and other relevant authorities. This regulatory standing is critical for its client base, as it allows banks and fintechs to offer crypto services in a compliant manner under their own licences. The company also maintains strict AML/KYC procedures and provides audit-ready transaction records.

Partnerships and Client Base

Fuze has partnered with Hex Trust for institutional-grade digital asset custody across MENA. Its client roster includes regional banks such as ruya Bank, whose CEO has publicly praised Fuze's innovation. The company also participates in the Hub71 ecosystem in Abu Dhabi, which provides access to investors and corporate partners. In 2025, Fuze closed a $12.2 million Series A round co-led by Galaxy Digital and e& capital, bringing total funding to over $26 million, and it has been recognised by Unlock Blockchain for its leadership.

Recent Developments

In early 2025, CEO Mo Ali Yusuf was named one of the Top 20 Performing CEOs by Unlock Blockchain. The company continues to expand its API capabilities and geographic reach, processing over $10 billion in annual volume and onboarding 400 institutions. Fuze is also actively hiring, with a headcount estimated between 51 and 200 employees, and it maintains a strong presence at industry events such as the Hub71 startup showcase.