In just over a year, Fuze has emerged as the Middle East and Turkey’s leading digital assets infrastructure platform, providing regulated, secure, and scalable solutions that empower financial institutions to launch and manage next-generation digital asset products fast.
Headquartered in UAE and built for the region, Fuze enables banks, fintechs, and enterprises to roll out products like stablecoins, digital asset wallets, and institutional over-the-counter (OTC) trading, all through a modular, API-first platform. This is the first infrastructure of its kind in MENA, bringing together the compliance rigor of traditional finance with the innovation of blockchain technology.
In April 2025, the company secured a $12.2 million Series A round, led by Galaxy and e& capital, bringing its total funding to over $20 million. Backed from inception by Further Ventures, Fuze is now accelerating its expansion across the region and beyond with growing interest in strategically potential markets like Pakistan that are exploring digital asset adoption.
Compliant from Day One
Regulatory trust is one of Fuze’s cornerstones. It is fully licensed by Virtual Assets Regulatory Authority (VARA) for digital asset operations and has also received a Retail Payment Services and Card Schemes (RPSCS) license from the Central Bank of the UAE. This dual licensing makes Fuze one of the few companies in the region authorized to offer both digital asset infrastructure and regulated payment services.
Its newly launched FuzePay platform is a game-changer, offering AED-denominated settlement, instant business payments, and AI-driven automation, all custom-built for financial services providers in the UAE.
As Pakistan ramps up efforts through the newly formed Pakistan Crypto Council (PCC) which is already making global headlines for appointing Binance founder CZ as a strategic advisor and drafting a national regulatory framework, markets across South Asia are becoming increasingly relevant. Fuze is closely monitoring Pakistan’s progress, given its potential to emerge as a regional hub for blockchain-based financial services.
Behind the Vision: Mohammed Ali Yusuf
At the helm of Fuze is Mohammed (Mo) Ali Jaliawalla Yusuf, the company’s CEO. A seasoned fintech and digital assets executive, Mohammed Ali has held senior roles at Checkout.com, Visa, Emirates NBD, and Booz & Company. His deep understanding of financial ecosystems and regulatory frameworks, honed through advising regulators across the region, has been instrumental in shaping Fuze’s compliant-first strategy.
Mohammed Ali also serves as Co-Chair of the MENA Fintech Association’s Digital Assets Working Group, helping define standards and best practices for the region’s rapidly evolving fintech landscape.
Bridging Traditional Finance and Digital Assets
Fuze’s core offering, Digital-Assets-as-a-Service (DaaS) is purpose-built to help traditional financial institutions navigate the complexity of launching regulated digital asset products. Whether a Tier 1 bank or a digital-first fintech, clients can integrate and offer digital wallets, stablecoin infrastructure, trading desks, and tokenized assets, all with built-in compliance and security.
- Over the past 12 months, Fuze globally has:
- Onboarded 300+ institutional clients
- Processed over $2 Billion in digital asset volume
- Achieved profitability
These milestones underscore its fast growth and operational strength, especially in a market that demands both speed and trust.
As countries like Pakistan explore tokenisation of real-world assets, cross-border blockchain infrastructure, and stablecoin development, there is growing alignment with the services Fuze already offers in markets like the UAE and Turkey. While there are no formal operations announced in Pakistan yet, the company is actively evaluating how it could support institutions and regulators there, should the environment mature into one that supports compliant, regulated growth.
Enabling Efficient Inbound Remittances to Pakistan
Fuze is also exploring how its infrastructure could enhance the flow of inbound remittances to Pakistan, one of the world’s top remittance-receiving countries. By enabling real-time, efficient, and low-cost global money transfers, Fuze can help reduce friction in cross-border payments and ensure near-instant value delivery to recipients. This capability has the potential to significantly benefit families and businesses in Pakistan that depend on timely and affordable access to international funds.
Smarter Compliance with AI
One of the platform’s most innovative features is its AI-enhanced compliance and fraud detection engine. Fuze combines rule-based monitoring with advanced LLM (large language model) integration, allowing its system to analyze complex customer data and flag potential issues with speed and accuracy.
The result? Faster onboarding, reduced fraud risk, and enhanced oversight, essential for institutions handling large-scale transactions and regulated assets.
Powering Payments of the Future
With the launch of FuzePay, the company is also redefining how money moves. This payment platform supports instant, multicurrency transfers and is tailored for modern businesses looking to digitize their financial operations.
Mohammed Ali describes the future of payments in three words: real-time, personalized, and trusted. The integration of digital assets like fiat-backed stablecoins into everyday financial infrastructure is at the heart of Fuze’s mission. These tools not only reduce settlement time and costs, but also make payments programmable, transparent, and interoperable across systems.
This vision aligns with Pakistan’s own goals of building Shariah-compliant, FATF-aligned digital financial systems, as outlined in its collaboration with Malaysia and discussions with global blockchain leaders. Fuze’s modular platform which is designed for compliance and regional adaptation could be a valuable enabler for markets looking to fast-track secure digital asset innovation, just as it’s doing with Ruya, the world’s first Islamic bank to offer Shariah-compliant access to virtual assets. The bank’s offering aligns with ethical Islamic financial principles, confirming that Bitcoin is Shariah-compliant. This new service is enabled through Ruya’s licensed partner, Fuze, allowing everyday halal savers to buy and hold Bitcoin directly within their banking app for the first time worldwide.
Built for MENA, Built to Scale
Fuze is built in and for the Middle East and that’s a competitive edge. The team’s local roots and deep understanding of the region’s regulatory and financial landscape allow them to offer solutions that are tailored to the nuances of MENA markets. From neobanks like Wio, to established banks like CBI, to global partners like Tether and Circle, Fuze is powering a wide range of use cases across the region.
And the company’s growth isn’t slowing down. With a roadmap that includes expansion across GCC, Turkey, and the CIS region, Fuze is laying the groundwork for a future where digital and traditional finance operate side by side seamlessly.
The Bottom Line
As regulation evolves and demand for digital asset services increases, Fuze is delivering the infrastructure that financial institutions need to stay ahead. Under Mo Ali Yusuf’s leadership, the company combines the best of fintech innovation, institutional-grade compliance, and regional insight.
Fuze isn’t just building products, it’s building the foundation for the next chapter in global finance. And as new markets like Pakistan take bold steps to enter the digital assets space, Fuze is watching closely, ready to partner, build, and help shape the region’s future.
Source: Fuze
