welcome
TechCrunch

TechCrunch

Business

Business & Economics

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

TechCrunch
Summary
Nutrition label

81% Informative

Dubai -based fintech Fuse has raised $6.6 million in seed funding to make it happen.

Fuse says it’s the first infrastructure-grade payments platform offering virtual IBANs in the Middle East .

The startup now serves over 20 clients, including DLocal , RemotePass , and platforms like Deel , Airbnb, and Etsy .

Fuse plans to use the fresh capital to grow its team, secure additional regional licenses, and expand its product suite beyond the UAE .

Northzone, the European multi-stage VC that has backed the likes of Klarna and Spotify , led the $6.6 million round.