https://adgully.me/post/5494/fuze-appoints-akshay-chopra-to-board-of-directors

Fuze appoints Akshay Chopra to Board of Directors

 Fuze, MENA’s pioneering digital asset infrastructure provider, has announced the appointment of industry expert Akshay Chopra to its Board. Chopra is well-known as a prominent angel investor, fintech patent holder, and as the Founder and Managing Partner of 237 Ventures, which builds, invests in, and advises start-ups. He also serves on the Boards of MENA FinTech Association and Numuun.io.At Visa, Akshay built and led the Innovation & Design teams serving more than 90 countries in Visa’s fastest growing region (CEMEA), and also oversaw blockchain solutions in the region. He spent over eight years in Singapore, leading a multinational team of experts, before spending nearly five years in Dubai heading Visa’s Innovation Centres. He was also responsible for introducing models that solved intricate challenges by combining design thinking, management consulting and analytics. Prior to his time at Visa, Chopra held senior roles at Deloitte, CEB (now Gartner) and S&P Global. As an angel investor, he currently holds investments in a variety of cutting-edge businesses, which operate out of the UAE, USA, India, Singapore, France and Nigeria. His extensive experience across finance, payments, cryptocurrency and digital technology, is extremely valuable in helping start-ups to navigate the challenges of scaling their innovative and transformational ideas. Mo Ali Yusuf, CEO and Co-Founder of Fuze, says Chopra’s strong knowledge and network within the industry will enable greater opportunities for Fuze as it continues to scale.“Akshay brings a wealth of experience and will help us accelerate our strategy across the region and beyond. By bringing Akshay onto our Board, we add another great mind who can add deep insight, guide our approach and ultimately support our rapid growth. We hold a shared vision to transform the future of finance through digital assets and together we can spark innovation and adoption across this exciting asset class,” said Fuze CEO and Co-Founder, Mo Ali Yusuf.Speaking about his appointment, Akshay Chopra said, “We have only just scratched the surface of blockchain use cases in financial services. Fuze is an exciting business that is building crucial digital assets infrastructure that will enable this environment. I’m passionate about driving the adoption of transformational financial technology that solves real world problems. With the right team and technology to support banks, institutions and fintechs, Fuze is completely changing the game for digital assets and I’m thrilled to embark on this journey.”Chopra was also recently appointed as the Co-Chair of the MENA Fintech Association’s (MFTA) payments working group, known as SHIFT. This follows his appointment to the MFTA’s Board in 2023. 
https://adgully.me/post/3840/mena-fintech-association-establishes-digital-assets-working-group

MENA Fintech Association establishes Digital Assets Working Group

 The MENA Fintech Association, the premier not-for-profit organization dedicated to serving fintech startups and established players across the Middle East and Africa, is excited to announce the establishment of its Digital Assets Working Group, Miriam Kiwan, and Mo Ali Yusuf (mentioned in above picture)have been appointed as the Co-Chairs of said working group, which aims to champion for a transparent regulatory framework while also propelling the adoption and extensive use of digital assets across MENA.Founded in 2018, the MENA Fintech Association has earned recognition as one of the top 4 fintech bodies globally. With a strong presence in the Middle East and Africa, the association has been at the forefront of driving innovation and fostering collaboration in the fintech industry.The newly established Digital Assets Working Group takes on a pivotal role as the leading advocate and catalyst for the advancement of clear, progressive, and sustainable regulations governing digital assets across the MENA (Middle East and North Africa) region. This dynamic group will spearhead endeavors aimed at shaping and enhancing a comprehensive regulatory framework, cultivating an ecosystem conducive to digital asset innovation, all while upholding stability and security as paramount priorities. This dynamic working group aims to:Propel the adoption and extensive use of digital assets across MENA.Champion for a transparent regulatory framework.Enhance collaboration and knowledge sharing among top-tier industry participants.Set forth the gold standards to safeguard the security and integrity of digital assets.Illuminate and educate stakeholders about the multifaceted nature of digital assets.Accelerate tech talent evolution and knowledge dissemination, fortifying the broader ecosystem.Nameer Khan, Chairman – MENA Fintech Association, expressed his enthusiastic support for the establishment of the Digital Assets Working Group, stating, “In our journey toward shaping the future of finance, we believe that clear and innovative digital asset regulation is the cornerstone. This group will be instrumental in fostering a dynamic and secure digital asset ecosystem across MENA. We are committed to embracing technological advancements while safeguarding the integrity of our financial landscape, and the Digital Assets Working Group is a vital step in that direction.”Miriam Kiwan, Vice President of Middle East and Africa at Circle and Co-Chair of the Digital Assets Working Group, emphasized the group's mission by stating, 'Our vision is to drive innovation with responsibility, and our commitment to building a regulatory framework that supports the dynamic digital asset landscape is unwavering. As we take the lead in shaping the future of digital assets across MENA, we aim to create an environment that encourages innovation, ensures compliance, and promotes trust within this transformative ecosystem.'Miriam stands as a visionary executive boasting an extensive career spanning more than two decades, with a remarkable footprint in Europe and the Middle East. Her profound expertise encompasses the realms of Web 3 and the nurturing of tech entrepreneurship ecosystems, strategic partnership cultivation, strategic marketing endeavors, and the art of fostering business development opportunities. Miriam's professional journey has seen her excel across diverse sectors, ranging from financial services and Web 3 / digital assets to technology, higher education, and entrepreneurship. Her forward-thinking approach and multifaceted skill set have consistently driven innovation and growth, making her a prominent figure in these dynamic industries with a global impact.Mo Ali Yusuf, CEO of Fuze and Co-Chair of the Digital Assets Working Group, underscored the group's mission, stating, “We believe that digital assets represent the future of finance, and our goal is to facilitate their responsible growth and adoption. The Digital Assets Working Group is dedicated to developing robust regulations that foster innovation, security, and transparency. Together, we aim to shape MENA's digital asset landscape into a trusted and flourishing ecosystem, benefiting both businesses and consumers alike.”Mo is a globally recognized business leader with a strong commitment to fueling the growth of fintech, eCommerce, and cryptocurrency. His expertise lies in navigating complex regulatory frameworks, forming strategic partnerships, and maintaining operational excellence. Mo's career is marked by a track record of securing licenses, fostering key collaborations, and ensuring top-tier operational efficiency. He stands as a visionary at the forefront of innovation in these dynamic industries, shaping their future on a global scale.Ronit Ghose is a distinguished figure in the tech and venture capital landscape, serving as an Advisory Board member for various prominent firms and a leading university in diverse global hubs such as Dubai, London, and Cape Town. His illustrious career includes a background in policy work, even having served as a bag carrier for a former UK Prime Minister, reflecting his deep involvement in the political sphere. Ronit's expertise and influence extend into the realm of fintech, where he will play an integral role as a member of the MENA Fintech Association Digital Assets Working Group, further contributing to the evolution of this dynamic sector.The MENA Fintech Association has partnered up with various companies such as Fuze, Circle, Binance, Meta, Circle, ADGM, DIFC, and other trailblazers across the spectrum of regulators, innovators, academia, legal firms, and venture capitalists.
https://adgully.me/post/3329/fuze-raises-14mln-largest-seed-round-for-digital-assets-start-up-in-middle-east

Fuze raises $14mln largest Seed round for digital assets start-up in Middle East

Fuze has unveiled a record-breaking Seed round of $14mn, the largest Seed investment in a digital assets startup in the history of the Middle East and North Africa. Fuze enables banks, fintechs or enterprises to offer regulated digital assets products to customers through native apps.Investment was led by Abu Dhabi-based Further Ventures, with participation by US-based Liberty City Ventures. Fuze will benefit from their strategic capital and network as it builds digital asset infrastructure that will drive the future of finance.Fuze was founded by fintech, traditional and decentralized finance leaders, with its co-founders holding extensive experience in global businesses: CEO, Mohammed Ali Yusuf (Mo Ali Yusuf) held prominent roles at Checkout.com and Visa; Arpit Mehta (COO) led teams at fintechs Simpl and Clear; Srijan Shetty (CTO) built algorithmic trading systems at Goldman Sachs and worked at Microsoft.With a regional digital asset market worth $566bn, growing at 48% YoY, Fuze CEO Mohammed Ali Yusuf believes the Middle East is perfect for a digital assets infrastructure business, "We are excited to build the future of regulated financial infrastructure and digital assets out of the UAE. Regulations have played a pivotal role in propelling the UAE into a central position within the global Digital Assets industry. To receive the backing of Abu Dhabi-headquartered Further Ventures combined with the deep expertise of US-based Liberty City Ventures, confirms the relevancy and potential of Fuze's mission to rapidly expand our cutting-edge infrastructure across the region."Further Ventures commented, "This is an important strategic investment into digital assets, one of our core verticals. The team at Fuze is highly experienced and has a clear vision to develop a trusted, world-class digital assets proposition. Technology that enables a range of stakeholders is vital for the future of the financial ecosystem and Fuze is well placed to be a leader in digital assets across the MENA region and beyond."Fuze was founded in December 2022 and this year joined Hub71, Abu Dhabi's global tech ecosystem. Its white-label solutions handle complexities of blockchain and regulatory overheads for enterprises, enabling organizations to readily offer digital assets such as stablecoins, cryptocurrencies, CBDCs and tokenized assets.