Fuze raises $12.2 Mn in Series A round led by Galaxy and e& Capital

Here’s a summary of the details from the article about Fuze:

Startup Details

• Startup Name: Fuze
• Founders: Arpit Mehta, Srijan R Shetty, Mo Ali Yusuf
• Founded In: 2023

Funding Rounds

1. Seed Round

   • Amount Raised: $14 million
   • Date: September 2023
   • Lead Investor: Further Ventures
   • Participating Investor: Liberty City Ventures
2. Series A Round
   • Amount Raised: $12.2 million
   • Date: [Exact date not provided]
   • Lead Investors: Galaxy, e& Capital

Use of Funds

• International expansion
• Product development
• Regulatory compliance
• Team growth

Market Activity

• Regions Active: MENA, Turkey (plans to enter India)
• Processed Volume: Over $2 billion in digital assets

Additional Information

• Business Model: B2B2C model for integrating digital asset products for banks and fintechs.
• Experience Credentials of Founders: Experienced from firms including Goldman Sachs, VISA, Microsoft, and Checkout.com.

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2025-05-01 06:32:51