UAE-based Fuse Closes $6.6M Seed Funding Round

UAE-based fintech startup, Fuse, has announced that it closed a $6.6M Seed funding round led by Northzone, with participation from Flourish Ventures, Alter Global, and angel investors.

More to Know:

  • George Davis and James Smith founded Fuse in 2023.
  • The startup develops infrastructure solutions to simplify payments and cross-border money transfers.
  • Its services include issuing virtual IBANs for users to receive bank transfers
  • Currently operates in the UAE and Saudi Arabia, with plans to expand into the MENA and Asian markets.

 

 

 

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