Fuze uses Miden’s private blockchain infrastructure for payments and remittances
Fuze, one of the Middle East and Africa’s fastest-growing financial infrastructure providers, regulated in UAE, has partnered with Miden, a blockchain company backed by a16z and others.
As per the announcement, the strategic collaboration brings together Fuze’s extensive network of banks, fintechs and enterprises across the Middle East, Africa and other high-growth regions alongside Miden’s privacy-first blockchain architecture. Fuze will bring its vast network of partners with Miden’s world-class private blockchain infrastructure to drive development for regulated digital asset use cases across payments, remittances, and wealth services.
“When blockchain meets financial services, the real challenge isn’t the technology; it’s balancing privacy, interoperability, and regulatory compliance. ” said Mohammed Ali Yusuf (Mo Ali Yusuf), CEO of Fuze. “Miden’s approach to privacy-first infrastructure complements our distribution and partnerships across the region, creating a powerful foundation for adoption.”
The majority of blockchains in production today utilize public ledgers, where transactions can be seen, traced, and analysed by anyone. The MoU between Miden and Fuze enables privacy-preserving infrastructure that protects customer data and sensitive business activity, while still allowing regulators to oversee, audit, and enforce compliance requirements such as KYC and AML.
For businesses, this enables financial institutions and enterprises to utilize blockchain infrastructure without revealing confidential data, information, or commercial relationships. At a broader market level, it supports the shift from digital assets experimentation to practical, regulated implementation for everyday financial use cases.
“For digital assets to move beyond experimentation, they need infrastructure that institutions and regulators can actually deploy in the real world,” said Azeem Khan, cofounder of Miden. “Working with Fuze allows us to design systems that pair privacy and control with regulatory clarity, starting in markets that are already leaning into this future.”
Recently Fuze, signed a memorandum of understanding with AB Xelerate, Arab Bank’s Fintech Accelerator, to explore collaboration opportunities in digital asset products and services within the Hashemite Kingdom of Jordan. It also
