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Payments

Fuze Finance Partners with Modern Treasury for US Growth

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  • 3 min read

Fuze Finance teams up with Modern Treasury to enhance access to US payment systems for global clients.

Fuze Finance has taken a significant step in its expansion strategy by partnering with Modern Treasury, a well-established payment service provider (PSP). This collaboration enables Fuze to leverage US accounts and payment infrastructures, significantly enhancing its service offerings for international clients.

Enhancing Payment Solutions

As a regulated digital asset payment and wealth infrastructure provider, Fuze Finance specializes in enabling a variety of financial entities—such as banks, neobanks, marketplaces, and payroll platforms—to create stablecoin-based payment solutions. Their platform relieves these institutions from the complexities of compliance and engineering while providing a full suite of services, including stablecoin orchestration, cross-border payments, a crypto payment gateway, and embedded trading and yield products.

Originally established with a focus on the Middle East and North Africa (MENA) region, Fuze Finance has significantly broadened its footprint, now operational in over 65 countries and handling an impressive annual volume of approximately USD 10 billion. The company has also attracted backing from prominent investors like Galaxy Digital and e& capital, further validating its business model.

Access to US Dollar Accounts

The integration with Modern Treasury offers Fuze Finance the capability to provide users in more than 100 countries with access to US accounts, complete with unique routing and account numbers. This strategic alliance also facilitates fund transfers between various stablecoins such as USDG, USDC, and USDT, as well as traditional US dollars. This service is available to users not only globally but across all 50 states in the US.

With this partnership, Fuze is positioned to manage transactions via multiple channels, including ACH debits and credits, checks, and wire transfers. Moreover, they can settle payments instantly using advanced networks like RTP, FedNow, and push-to-card services. Modern Treasury boasts a robust payment processing history, having managed transactions exceeding USD 600 billion, which streamlines Fuze's operational requirements.

Streamlining Complex Payment Corridors

According to Mo Ali Yusuf, Co-Founder and CEO of Fuze Finance, their clientele relies heavily on dependable access to US dollars regardless of their geographical location. The proven capabilities of Modern Treasury across various payment channels provide Fuze with the confidence needed to accelerate its growth trajectory in the US market. Fuze serves a diverse range of customers—including financial institutions, fintech companies, marketplace platforms, and individual users—who navigate complex payment corridors.

This partnership is crucial as it consolidates multiple payment rails, accounts, and stablecoin orchestration into one integrated solution, aligning perfectly with Fuze's expansion plans in the US.

Matt Marcus, Co-Founder and CEO of Modern Treasury, speaks to the pressing needs of users who require immediate and reliable dollar access. He emphasizes that Modern Treasury's innovative platform is dedicated to easing the integration process for Fuze, reducing deployment time by several months. With backing from high-profile investors such as Benchmark, Altimeter, and Salesforce Ventures, Modern Treasury's single API is designed for seamless fiat and stablecoin transactions, exemplifying how established financial infrastructures can enhance the functionality of digital assets.