Fuze, a Dubai-based digital assets infrastructure startup, has raised $12.2 million in its Series A funding round led by Galaxy and e& Capital, with participation from both regional and global investors.
This follows the company’s $14 million seed round in 2023, which was led by Further Ventures and Liberty City Ventures.
Founded in 2022 by Mohammed Ali Yusuf, Arpit Mehta, and Srijan R Shetty, Fuze provides Digital-Assets-as-a-Service (DAaaS) infrastructure that allows banks, fintechs, and traditional financial institutions to offer regulated digital asset services.
The company supports integration of crypto, stablecoins, tokenized assets, and even CBDCs into existing financial systems.
With over $2 billion in digital assets already processed across MENA and Turkey, Fuze plans to use the new funds to accelerate international expansion, product development, and regulatory compliance.
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The startup is now looking at the Indian market and is in talks with local regulators to navigate the evolving crypto framework in the country.
Fuze’s leadership brings experience from global institutions like Goldman Sachs, VISA, Microsoft, and Checkout.com, and aims to bridge the gap between traditional finance and the digital asset economy through a compliant and tech-first approach.
