Company: Fuze
Headquarters: UAE
Funding Type: Series A
Amount Raised: $12.2 million
Founders: Arpit Mehta, Srijan R Shetty, Mo Ali Yusuf
Market Focus: India, Middle East, Global
Fuze, a digital assets infrastructure startup, has raised $12.2 million in a Series A funding round led by Galaxy and e& capital, the venture capital and investment arm of global technology group e&. This investment brings Fuze’s total funding to over $26 million, following a $14 million seed round in 2023.
The company plans to deploy the capital to expand into key markets, including India, accelerate product development, and strengthen its leadership team.
Founded in 2023, Fuze enables banks, fintechs, and traditional enterprises to integrate regulated digital asset products such as stablecoins, cryptocurrencies, central bank digital currencies (CBDCs), and tokenized assets. Their platform aims to simplify the adoption of digital assets for financial institutions and businesses.
“We are seeing a huge surge in demand, and we believe that in the near future, every financial institution and business will leverage some type of crypto or stablecoin capability,” said Arpit Mehta, Co-founder of Fuze.
Website: https://fuze.finance/