What does Fuse do?
Fuse is a developer of foundational infrastructure for cross-border payments, offering Virtual IBAN technology that simplifies real-time transactions. The platform enables global businesses to scale efficiently across the UAE, Saudi Arabia, and other markets in the MENA and GCC regions.
How much did they raise?
The company raised $6.6M in a funding round led by Northzone, with participation from Flourish Ventures, Alter Global, and prominent angel investors, including the founder of Flutterwave.
What are their plans for the money?
With this funding, Fuse aims to further expand its payments infrastructure and innovate its technology to support a growing range of cross-border transactions and use cases, potentially boosting trade and high-value purchases across emerging markets.
What have they achieved so far?
Fuse has already demonstrated success with its flagship client dLocal and supports major global brands such as Deel, Airbnb, and Etsy, validating its capability to facilitate seamless cross-border payments in the MENA region.
