The Record · No. 024
Mohammed Ali Yusuf
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Fuze · Fintech
A former Checkout.com and Visa executive building regulated digital asset infrastructure that lets Gulf banks and fintechs offer crypto to their own customers instead of losing them to exchanges.
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Mohammed
Ali
Yusuf
Ali
Yusuf
A former Checkout.com and Visa executive building regulated digital asset infrastructure that lets Gulf banks and fintechs offer crypto to their own customers instead of losing them to exchanges.
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Dubai of TomorrowNo. 024
Fuze
Founded2023 · Dubai
Raised$14M seed, 2023
Total funding$26M+
Compounding moves
2023 · Founded by Mo Ali Yusuf, Arpit Mehta and Srijan Shetty; raised $14M seed led by Further Ventures
2023 · Received VASP licence from Dubai's Virtual Assets Regulatory Authority
2025 · Closed $12.2M Series A led by Galaxy and e& capital, taking total funding past $26M
2025 · Fined by VARA in August for AML shortcomings tied to historical transactions; remediation overseen by a VARA-appointed skilled person
2023 · Received VASP licence from Dubai's Virtual Assets Regulatory Authority
2025 · Closed $12.2M Series A led by Galaxy and e& capital, taking total funding past $26M
2025 · Fined by VARA in August for AML shortcomings tied to historical transactions; remediation overseen by a VARA-appointed skilled person
Backed byFurther Ventures, Galaxy, e& capital, Liberty City Ventures
Record integrity
Verified July 10, 2026. Every version of this record is hashed and timestamped to Bitcoin. Inspect the proof chain.
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