UAE-based digital assets startup Fuze has secured $12.2m in a Series A funding round, bringing its total funding to $20m. The raise comes amid growing interest in crypto infrastructure and signals investor confidence in the region’s fintech sector.
The round was led by Galaxy, a New York-based digital assets and infrastructure firm, alongside e& capital, with participation from other investors.
Founded in 2023, Fuze provides Digital Assets-as-a-Service (DAaaS) infrastructure. Its solutions enable banks, fintechs, and payment processors across the Middle East, North Africa and Türkiye to offer regulated digital asset services.
Fuze plans to use the fresh capital to expand regionally and internationally, enhance product innovation and compliance, and invest in high-calibre talent.
Gulf Economist Staff Writer