Collaboration aims to digitally transform the $200 billion regional remittance market and enable faster, cheaper cross-border money movement between peers
Dubai, United Arab Emirates – December, 2025: Financial infrastructure provider Fuze has announced a strategic partnership with Remit Now, Pay Later platform Jazari. The collaboration aims to support cross-border money movement using compliant blockchain technology and help modernise the region's $200 billion remittance market. Fuze and Jazari estimate that more than 30 million people across MENA, many of them underserved migrant workers, could benefit from real-time, low-cost remittance powered by regulated digital-asset infrastructure.
With fewer intermediaries, remittance through blockchain infrastructure is typically both faster and cheaper for customers. Traditional remittance systems take a global average of 6.2% in fees (according to the World Bank) – whereas blockchain rails can reduce this to less than 1%. Similarly, traditional remittance rails can take several days to clear, as opposed to near real-time settlement via blockchain rails.
Mo Ali Yusuf, CEO of Fuze said: "Global remittance is likely to pass a trillion dollars in 2026 with up to 20% of that volume passing through the MENA region to other parts of the world. Our new partnership with Jazari will help customers at the edge of finance, enabling far more cost-effective remittance through blockchain technology."
Hasnain A. Sheikh, CEO of Jazari added: "Our collaboration with Fuze brings us closer to delivering real-time, low-cost remittance for the millions of workers who depend on reliable financial access. By pairing our Remit Now, Pay Later innovation with Fuze's compliant digital-asset infrastructure, we're building a new standard for how money moves across borders."
The long-term partnership will focus on modernizing financial rails, improving cross-border value movement and support the rollout of new digital asset-enabled services in a phased manner. It aims to complement the region's transformation of financial infrastructure and enhance inclusion, in line with government and central bank initiatives.
To find out more, visit fuze.ae and jazari.money.
About Fuze:
Fuze is MENA's first-of-its-kind regulated digital assets infrastructure provider, offering financial institutions and businesses cutting-edge tools to integrate digital asset services securely and efficiently.
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Disclaimer: The information contained in this press release is for general informational purposes only. Fuze and its subsidiaries, including Niobe Payment Services LLC SPC, are regulated under the Central Bank of the United Arab Emirates and operate in compliance with applicable laws and regulations. Readers are strongly encouraged to seek legal, tax advice with an advisor before making any financial or investment decisions.
Media contact: Jonathan Ivan-Duke, Partner, duke+mir, jon@dukemir.com, +971582857333
About Jazari:
Jazari is a next-generation financial services platform combining remittances, credit, and digital wallet infrastructure to serve migrant workers around the world. Operating in the UK with FCA-regulated partners, Jazari enables users to send money home instantly, access responsible credit, and manage their finances across borders. Through its partnership with Visa, Jazari offers customers seamless global spending and cash access. Jazari is preparing to enter the UAE market in Q2 2026, subject to regulatory clearance.
Disclaimer (Jazari)
The information in this press release is for general purposes only and does not constitute an offer of financial, credit, or payment services in any jurisdiction. Jazari operates in the United Kingdom under the regulatory oversight of the Financial Conduct Authority (FCA) through its authorised and registered partners. Jazari's planned launch in the United Arab Emirates is subject to obtaining all required local regulatory approvals. No products or services will be offered in the UAE until such approvals are granted.
Ameera Iqbal, Alif Financial Limited, pr@jazari.money
