Fuze and Jazari Partner to Modernize Remittances and Expand Financial Inclusion Across MENA

Fuze CEO Mo Ali Yusuf said the timing of the partnership aligns with growing remittance demand in the region. He noted that global remittance flows are expected to exceed $1 trillion by 2026, with as much as 20% of that volume moving through MENA corridors. “Our partnership with Jazari is focused on enabling more cost-effective remittances for people at the edge of the financial system by using compliant digital-asset infrastructure,” he said.

Jazari CEO Hasnain A. Sheikh highlighted the impact the collaboration could have on migrant communities that rely heavily on cross-border payments. “By combining Jazari’s Remit Now, Pay Later model with Fuze’s regulated infrastructure, we’re creating a faster and safer way for money to move across borders,” he said. As Jazari prepares for its launch in the UAE, Sheikh added that the company’s goal is to build financial tools designed around the real needs of workers supporting families both within the region and abroad.

The long-term partnership will roll out in phases, focusing on modernising payment rails, improving cross-border value transfer, and introducing new digital asset–enabled financial services.

The initiative is expected to complement broader government and central bank efforts across the region to upgrade financial infrastructure and expand access to formal financial systems.