Fuze, a digital asset infrastructure startup, has raised $12.2 million in a Series A funding round led by Galaxy, a global leader in digital assets and data infrastructure, and e& Capital, the investment arm of UAE-based telecom giant e&.
This funding comes less than a year after Fuze’s $14 million seed round in September 2023, which was led by Further Ventures and included participation from Liberty City Ventures.
Driving Global Expansion and Regulatory-Ready Digital Asset Solutions
The capital raised will be used to accelerate Fuze’s international expansion, enhance product development, ensure regulatory compliance, and support team scaling. With this Series A round, Fuze is aiming to strengthen its position as a trusted B2B2C digital asset infrastructure provider across global markets.
Founded in 2023 by Arpit Mehta, Srijan R Shetty, and Mo Ali Yusuf, Fuze provides digital assets-as-a-service infrastructure, enabling banks, fintechs, and financial institutions to offer regulated digital asset products, including stablecoins and digital payments.
Regional Success and Indian Market Entry Plans
Currently active in the MENA region and Turkey, Fuze has already processed more than $2 billion in digital asset transaction volume. The startup is now eyeing expansion into India, and is actively working with local regulators to navigate the evolving crypto compliance landscape.
Fuze’s B2B2C model is designed to allow enterprises to seamlessly integrate crypto products into their offerings. The founding team brings deep expertise from Goldman Sachs, VISA, Microsoft, and Checkout.com, adding credibility and technical strength to their mission.
Bridging the Gap Between Traditional Finance and Web3
With demand for secure, regulated digital asset services on the rise, Fuze is positioned at the intersection of traditional finance and Web3 innovation, offering scalable solutions that ensure compliance, security, and user-centric deployment.