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UAE fintech startup Fuse has secured USD 6.6 million in seed funding, led by Northzone, to enhance cross-border payments in the MENA region. The company plans to expand its team, obtain regional licenses, and broaden its product offerings, including virtual USD accounts and dirham IBANs, targeting global businesses entering MENA. Founded in 2023, Fuse aims to address the region's complex payment infrastructure, catering to underserved businesses amid a surge in e-commerce and digital transactions.
Dubai-based fintech company Fuse has successfully secured $6.6 million in seed funding. This investment marks a significant milestone for the firm as it aims to enhance its offerings in the financial technology sector.
Fuse, a Dubai-based company, has secured $6.6 million in funding to enhance cross-border payment infrastructure in the MENA and GCC regions. Led by Northzone, the investment aims to simplify complex payment processes through a unified API, supporting clients like Deel, Airbnb, and Etsy. Co-founder George Davis emphasizes the growing demand for efficient financial services, particularly with the introduction of Virtual IBAN technology.
Fuse Science, Inc.
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UAE fintech fuse secures 6.6 million dollars to enhance cross-border payments
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10:43 06.04.2025
Dubai fintech company Fuse secures 6.6 million dollars in seed funding
10:52 04.04.2025
fuse secures 6.6 million to enhance cross-border payments in mena region
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Airbnb, Inc.
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10:09 04.04.2025
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