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Fuse raises $6.6M to fix a payment problem for companies expanding to MENA

Summary by TechCrunch

Dubai-based Fuse, which simplifies cross-border payments in MENA with API that provides virtual IBANs, has raised $6.6 million in seed.

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TechCrunch

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Fuse raises $6.6M to fix a payment problem for companies expanding to MENA

Dubai-based Fuse, which simplifies cross-border payments in MENA with API that provides virtual IBANs, has raised $6.6 million in seed.

2 days ago·United States

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Fintechnews Middle East

Fuse Raises $6.6M to Build Cross-Border Payment Infrastructure in MENA - Fintechnews Middle East

Fuse, a Dubai-based company developing infrastructure for cross-border payments in the MENA and GCC regions has raised US$6.6 million in a funding round led by Northzone, with participation from Flourish Ventures, Alter Global, and several angel investors, including the founder of Flutterwave. The company is building foundational infrastructure for cross-border payments in the MENA and GCC regions. Co-founder and CEO George Davis is a serial ent…

1 day ago

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Financial IT

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Fintech Finance

Fuse Raises $6.6M to Power Infrastructure for Real-Time Cross-Border Payments in MENA, Led by Northzone

Fuse is developing the foundational infrastructure for cross-border payments in the MENA and GCC regions and has raised $6.6 million in a funding round led by Northzone, with participation from Flourish Ventures, Alter Global, and prominent angel investors, including the founder of Flutterwave. Traditionally, businesses expanding into MENA have faced high costs and significant

1 day ago

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thefinancialanalyst.net

Fuse Secures $6.6M to Simplify MENA Cross-Border Payments

In a bold move to revolutionize cross-border payments, veterans from Truelayer and BVNK have secured a substantial $6.6 million in funding for their startup, Fuse. This Dubai-based fintech is on a mission to simplify and streamline real-time payments across the Middle East and North Africa (MENA), a region notorious for its complex regulatory landscapes and fragmented banking systems. Source

2 days ago

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techeconomy.ng

Fuse Raises $6.6 Million to Simplify Cross-Border Payments in MENA - Tech

Dubai-based fintech startup, Fuse, has raised $6.6 million in seed funding to simplify cross-border payments across the Middle East and North Africa (MENA). This funding will bolster the development of Fuse’s platform, designed to break down obstacles in the fragmented MENA banking space. The region’s complex regulations and banking systems have traditionally made it difficult for global businesses to operate smoothly. Fuse, however, is steppi…

2 days ago

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FinSMEs

Fuse Raises $6.6M in Funding

Fuse, a Dubai, UAE-based developer of a foundational infrastructure for cross-border payments in the MENA and GCC regions, raised $6.6m in funding. The round was led by Northzone, with participation from Flourish Ventures, Alter Global, and prominent angel investors, including the founder of Flutterwave. Co-founded by CEO George Davis and CTO James Smith, and also […] The post Fuse Raises $6.6M in Funding appeared first on FinSMEs.

2 days ago

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