Fuze, a digital assets infrastructure startup, secured $12.2 million in a Series A funding round led by Galaxy and e& Capital. This fresh capital injection follows a $14 million seed round raised in September 2023, which Further Ventures led with support from Liberty City Ventures. With this funding momentum, Fuze stands at the forefront of regulated digital finance, aiming to reshape how institutions integrate crypto and stablecoins into mainstream services.
Founded in 2023 by Arpit Mehta, Srijan R Shetty, and Mo Ali Yusuf, Fuze offers digital assets-as-a-service infrastructure for financial institutions and enterprises. The startup helps banks, fintech companies, and businesses deploy compliant crypto services with ease. Fuze’s technology stack supports embedded solutions like crypto wallets, stablecoin transactions, and trading tools. These offerings simplify integration and ensure compliance across regulated markets.
Fuze operates across the MENA region and Turkey, where it has already processed over $2 billion in digital asset volume. The startup now targets global expansion, with a sharp focus on new markets such as India. Fuze’s founders aim to take their infrastructure beyond the MENA corridor and build a global presence through strategic partnerships and regulatory alignment.
Bridging Traditional Finance with Crypto Infrastructure
Fuze runs on a B2B2C model that enables its partners to offer digital asset features directly to end-users. Instead of building in-house infrastructure, banks and fintechs can plug into Fuze’s modular APIs to launch compliant crypto offerings. These include on- and off-ramp services, digital wallets, stablecoin-based payments, and crypto trading products.
The startup’s value proposition stems from its seamless integration, institutional-grade security, and regulatory-first approach. By combining enterprise-grade compliance tools with flexible APIs, Fuze eliminates the technical and legal complexities of building digital asset infrastructure from scratch. Banks and businesses can thus meet rising user demand for crypto services without taking unnecessary risks.
Co-founder and CEO Mo Ali Yusuf highlighted Fuze’s vision: “Fuze is building the rails for the next generation of regulated digital finance. As digital assets move from the edge to the core of financial services, we’re helping banks and fintechs meet that demand through scalable, compliant infrastructure.”
Strategic Backing and Market Validation
Galaxy, a global leader in digital asset and blockchain investment, led the Series A funding to support Fuze’s mission. e& Capital, the investment arm of UAE telecom giant e&, also joined the round. The inclusion of top-tier investors validates Fuze’s business model and growth potential in the evolving crypto-fintech landscape.
In the earlier seed round, Further Ventures took the lead with support from Liberty City Ventures. The strong backing from both global and regional investors underscores the rising demand for crypto infrastructure providers who can deliver compliance and scalability.
The company’s recent growth confirms its market readiness. Fuze processed over $2 billion in transaction volume across MENA and Turkey within a short operational window. This traction reflects the increasing institutional appetite for crypto services across emerging markets.
Entering the Indian Market with a Compliance-First Approach
Fuze now sets its sights on India, one of the world’s most dynamic fintech and crypto markets. The company is currently engaging with Indian regulators to understand the country’s complex crypto policy environment. By aligning with regulatory expectations, Fuze aims to enter India with a compliance-forward strategy that appeals to domestic banks and financial platforms.
India presents vast opportunities for infrastructure providers like Fuze. With millions of retail investors, hundreds of active fintechs, and a booming UPI network, the Indian market demands scalable digital asset solutions. Fuze’s leadership understands this and plans to offer embedded crypto services tailored to India’s regulatory and operational landscape.
The company’s founding team brings deep expertise from firms like Goldman Sachs, VISA, Microsoft, and Checkout.com. This pedigree equips Fuze to navigate the legal, technical, and operational challenges of regulated digital finance. The team now works to recruit new talent, especially across compliance, engineering, and business development, to support its entry into India and other emerging markets.
Focus on Product Development and Ecosystem Growth
Fuze will use the Series A funding to expand its product suite and deepen its infrastructure capabilities. The roadmap includes enhancements to wallet architecture, improved liquidity solutions, and integration with fiat payment networks. These developments aim to strengthen the startup’s position as a full-stack provider of digital asset infrastructure.
In addition to product innovation, Fuze will invest in compliance systems, KYC/AML protocols, and jurisdiction-specific regulatory tooling. By doing so, the startup will maintain its edge as a trusted infrastructure partner for regulated institutions.
Team growth remains another core priority. Fuze plans to onboard talent across regions to support product localization, regulatory operations, and customer success. The leadership understands that scaling across different jurisdictions requires local expertise and responsive support systems.
The Future of Regulated Digital Finance
As traditional finance and crypto converge, infrastructure providers like Fuze play a critical role in shaping the next wave of financial innovation. The market now demands institutional-grade, scalable, and compliant infrastructure to integrate digital assets into everyday finance. Fuze offers that foundation with a strong focus on reliability, security, and regulation.
Unlike unregulated platforms, Fuze prioritizes collaboration with financial institutions and regulatory bodies. The startup envisions a world where crypto wallets, stablecoins, and tokenized assets operate seamlessly within existing banking frameworks. This vision aligns with global trends that favor compliant crypto adoption over speculative, non-regulated usage.
Fuze’s growth story also reflects broader shifts within the digital asset sector. Institutional adoption is accelerating. Regulators across MENA, Europe, and Asia are rolling out clearer guidelines. Enterprises increasingly seek trusted partners to offer digital asset services without compromising compliance.
Conclusion
Fuze, with its $12.2 million Series A funding, now stands equipped to build the backbone of regulated digital asset services across emerging and established markets. With strong investor backing, a proven product-market fit, and a focused vision, the startup is well-positioned to expand its footprint globally.
By helping banks and businesses offer compliant crypto services, Fuze enables a smoother transition into the era of tokenized finance. As digital assets take center stage in financial innovation, Fuze continues building the critical rails that connect crypto to the world of regulated institutions.