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Fuse Financial Technologies
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Facilitates international payments in MENA
Fuse Financial Technologies
Work Here?
Facilitates international payments in MENA
About Fuse Financial Technologies
Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Seed
Total Funding
$8.6M
Headquarters
Dubai, United Arab Emirates
Founded
2023
Overview
Fuse Financial Technologies operates the Fuse.me platform, which facilitates international payments in the Middle East and North Africa (MENA) region. The platform allows businesses to make payments as if they were local transactions, simplifying the complexities of cross-border payments. Fuse.me stands out by providing a single access point for various financial services, including currency exchange and compliance checks, ensuring quick and efficient processing. The company's goal is to make it easier for businesses to expand into the MENA market.
Simplify's Take
What believers are saying
- Increased digital wallet adoption in MENA boosts demand for Fuse's payment solutions.
- The rise of open banking in GCC countries creates integration opportunities for Fuse.
- MENA's e-commerce surge necessitates robust payment gateways, aligning with Fuse's services.
What critics are saying
- Emerging fintech startups in MENA could threaten Fuse's market share.
- Regulatory changes in MENA may impact Fuse's operations and increase costs.
- Rising cybersecurity threats could compromise Fuse's platform security.
What makes Fuse Financial Technologies unique
- Fuse.me offers seamless cross-border payments in the MENA region, simplifying transactions.
- The platform integrates KYC and KYB checks, ensuring compliance with regional regulations.
- Fuse.me leverages national payment rails for quick and efficient payment processing.
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Funding
Total Funding
$8.6M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Unlimited Paid Time Off
Private Healthcare
Employee Stock Ownership
Flexible Work Hours
Pay it Forward Days
Wellness Program
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -7%2 year growth
↑ 0%Fuse, a Dubai-based company developing infrastructure for cross-border payments in the MENA and GCC regions has raised US$6.6 million in a funding round led by Northzone, with participation from Flourish Ventures, Alter Global, and several angel investors, including the founder of Flutterwave.
Fuse has raised $66 million to enhance cross-border payment solutions in the MENA region. The investment will be used to improve the security and efficiency of international money transfers, addressing challenges in the financial technology space and transforming the landscape of payments across borders.
Dubai-based Fuse, which simplifies cross-border payments in MENA with API that provides virtual IBANs, has raised $6.6 million in seed.
Dubai-based fintech Fuse aims to simplify that with a cross-border payments API and has raised $6.6 million in seed funding to make it happen.
Fuse Financial Technologies is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Fuse Financial Technologies
Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Seed
Total Funding
$8.6M
Headquarters
Dubai, United Arab Emirates
Founded
2023
Fuse Financial Technologies is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today