“UAE Startup Fuze Secures $12.2M to Expand Digital Asset Services Globally”

Malaz Madani

Last updated 2-05-2025

2 min

Fuze, a UAE-based startup, secured $12,2 million in Series A funding.

Investors include Galaxy and e& capital, boosting Fuze's total funding to $20 million.

Founded in 2023, Fuze offers digital asset infrastructure to diverse financial sectors.

Funds will expand operations, enhance compliance, and support stablecoin and payment initiatives.

Fuze's innovative approach positions them as a leader in the fintech landscape.

There's plenty going on these days in the rapidly evolving world of digital assets, and the UAE-based startup Fuze seems to be at the heart of the latest excitement. They've just closed an impressive Series A funding round, rasing a tidy $12.2 million. This fresh injection brings their total financing to date up to around $20 million.

The round attracted some notable names, with US firm Galaxy and e& capital leading the charge, alongside several other investors keen to jump on the growing fintech bandwagon. Not too shabby, considering Fuze was only founded in 2023 by Mohamed Ali Yousef, Arpit Mehta, and Srijan Shetty. Since their launch, they've quickly carved out a spot offering DAaaS—digital asset infrastructure as a service—for banks, payment processors, and various financial and tech companies across the Middle East, North Africa, and Turkey.

UAE Fintech Fuze Secures RPSCS Licence, Boosting Digital Payment Innovation

The folks at Fuze say they'll use this extra bit of cash to broaden their operations both regionally and beyond, ramp up their product development, and gear up hiring to attract some skilled talent in a fiercely competitive market. They're also aiming to ensure compliance, which, let's face it, is certainly a good move considering how closely regulators watch the crypto and digital asset scene nowadays.

Aside from offering infrastructure tools, Fuze also has an over-the-counter (OTC) trading platform aimed specifically at facilitating large customer trades. Recently, they've added stablecoins infrastructure products into their mix, as well as expanding their reach into payments with their new offering, FuzePay.

If you've been following us at Arageek for a while, you'll know this is exactly the kind of fintech story that's shaping today's digital finance scene. It'll certainly be interesting to watch where Fuze goes next—they seem to be making all the right moves.

🚀 Got exciting news to share?

If you're a startup founder, VC, or PR agency with big updates—funding rounds, product launches 📢, or company milestones 🎉 — AraGeek English wants to hear from you!