Fuze Raises $14Mn - Largest Seed Round For Digital Assets Start-Up In Middle East

Sep 20, 2023•almost 2 years ago

Amount Raised

$14 Million

Round Type

seed

Abu DhabiSoftwareInternet Services

Investors

Liberty City VenturesLiberty City Ventures AbuFurther Ventures

Description

Fuze has unveiled a record-breaking Seed round of $14mn, the largest Seed investment in a digital assets startup in the history of the Middle East and North Africa. Fuze enables banks, fintechs or enterprises to offer regulated digital assets products to customers through native apps.

Company Information

Company

Fuze

Location

675 CREEKSIDE WAY

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

Fuze is a full-stack, digital assets infrastructure platform, enabling MENA businesses to integrate embedded experiences for their customers. Fuze is a fast-growing tier A VC-backed startup partnering with leading global and regional banks, fintech, financial institutions, and super apps, to offer innovative crypto and digital asset products through its API infrastructure in a regulatory and compliant way.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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