Fuse is a Dubai-based fintech that provides a cross-border payments API and infrastructure-grade platform offering virtual International Bank Account Numbers (IBANs) tailored to the Middle East and North Africa (MENA). Its core products include USD virtual accounts for cross-border money movement and dirham-denominated IBANs that enable first-mile collections and last-mile payouts without requiring customers to form local entities or handle FX and licensing. The platform supports direct payouts in the UAE and has begun enabling payouts in Saudi Arabia, Egypt, and Jordan, and offers wholesale FX for Indian and Chinese businesses repatriating funds through controlled corridors. Fuse serves over 20 clients across EORs, remittance firms, crypto platforms, marketplaces and PSPs, including DLocal, RemotePass, Deel, Airbnb, and Etsy, and positions itself as a regional specialist alongside global players. Financially, Fuse is processing hundreds of millions of dollars per quarter, growing revenue more than 50% month-over-month, and reported it made more this quarter than it did all of last year. Founded in 2023 by George Davis and CTO James Smith, the company plans to grow its team, obtain additional regional licenses, and expand its product suite beyond the UAE.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2025