Latest news with #Fuze
Muscat Daily
10-06-2025
- Business
- Muscat Daily
UAE's Fuze signs MoU with Oman's Mamun to facilitate trade finance via stablecoins
Abu Dhabi, UAE – UAE-based regulated digital assets infrastructure provider, Fuze, has signed a strategic memorandum of understanding (MoU) with Mamun, a Sharia-compliant alternative finance and investment platform headquartered in Oman and expanding across the UAE and wider GCC markets. The agreement will enable both regional and international retail and institutional investors to participate in short-term, Sharia-compliant financing of trade-driven businesses using USDT (Tether's US dollar-pegged stablecoin). These businesses will then be able to access fiat financing in local currency to pay suppliers and support both domestic and cross-border trade. This aims to help enterprises tap into new sources of finance from a broader pool of investors, according to a press release. The trade credit gap in the MENA region stands at an estimated $250bn, with the global figure exceeding $1tn. Small and medium-sized enterprises (SMEs) are particularly affected, often underserved or excluded by traditional financial institutions. Meanwhile, the MENA region alone is home to over 40mn crypto investors, with an estimated holding value of $300bn – yet they have limited access to low-entry, high-yield, Sharia-compliant trade finance opportunities. The partnership marks one of the region's first efforts to bridge regulated digital asset infrastructure with traditional private credit markets. Under this collaboration, Fuze will provide the digital asset rails – including on/off ramp solutions, custody and conversion – while Mamun will originate Sharia-compliant trade finance opportunities. The agreement will allow for swift and compliant settlements in SME trade financing and address pain points associated with the movement of capital across borders. In a press release, Mo Ali Yusuf, CEO of Fuze, said, 'The alignment between Fuze and Mamun highlights a growing trend – the use of stablecoins like USDT not just for trading or remittance, but as a tool for working capital and liquidity in real-world finance.' Mohammed al-Tamami, Chief Commercial Officer at Mamun, added, 'Bringing stablecoins into Sharia-compliant private credit opens new avenues for cross-border trade finance. At Mamun, we're not just innovating – we're aligning digital asset infrastructure with the capital needs of the real economy. This collaboration with Fuze allows us to better serve both investors and businesses.' Mamun is an alternative finance and investment platform based in Oman, focused on transforming short-term trade finance into an investable asset class. Serving investors from over 45 countries, Mamun has facilitated nearly $10mn in Sharia-compliant trade financing since its launch in Q3 2023, and is targeting $20mn in 2025 alone. Mamun's investor base includes retail participants, high-net-worth individuals, and family offices. Its microservices architecture also powers systems at Oman Housing Bank and three major telecommunications providers, demonstrating its capability to scale embedded finance infrastructure across multiple sectors. Fuze is the MENA region's first regulated digital assets infrastructure provider of its kind, offering financial institutions and enterprises cutting-edge tools to integrate digital asset services securely and efficiently. Through a solutions-based approach, Fuze enables financial services providers to strategise, implement, and launch secure, regulated, world-class products across wealth management and payments.
Khaleej Times
29-05-2025
- Business
- Khaleej Times
How Fuze is building the future of payments in the UAE
Powering next-gen payments with full compliance and zero compromise and transforming region's financial ecosystems Mohammed Ali Yusuf (Mo Ali Yusuf) is the CEO and co-founder of Fuze, which provides cutting-edge financial infrastructure for a range of institutions and enterprises. Recently, the business secured a new payment licence from the Central Bank of the United Arab Emirates, under its subsidiary FuzePay, a huge milestone for a company with ambitions to transform the region's financial ecosystems. This achievement marks the culmination of months of rigorous preparation, deep engagement with regulatory authorities, and a shared vision for the future of finance in the region. Why payments regulation matters Payments are one of the most highly regulated areas of financial services, simply because the movement of money from one party to another is critical for every organisation, business and customer. Each organisation looking to operate across payments must be approved, in the case of the UAE, this falls under the Central Bank's licencing remit of Retail Payment Services and Card Schemes (RPSCS). Recently, Fuze gained such a licence, ensuring we can add next-generation onshore payments to our suite of holistic financial infrastructure. This licence validates our approach and outlines the trust held in us by the regulator to serve the domestic financial community, opening legitimate use cases for onshore, compliant payments Without the appropriate regulation, payments would be a minefield of security breaches. However, the rigours of complying with payments regulations, here in the UAE and in the rest of the world means the status quo for financial services has often prevailed. Institutions have hesitated to innovate too far, in fear of non-compliance, but by sitting on the fence it has left gaps in user experience and money on the table for these financial organisations. Innovating towards a new world for payments We think differently - we believe that the future of money movement should be instant, intelligent and secure. The payments of the past should not power the future of finance. By deploying a proprietary, AI-powered technology stack, Fuze is able to offer fully regulated, onshore payment solutions with real-time transactions and settlements. It's fast and effective for businesses, improves operational efficiency and ultimately provides a better all-round experience when moving money. It's important to note too, that we are not just upgrading old legacy systems, we are finding new ways for technology to serve institutions, enterprises and merchants in a better fashion. One way we are improving the experience is in supporting virtual IBANs; this allows businesses to streamline and reconcile payments with efficiency, with faster processing times, reduced fees and increased control over transactions. Another aspect is that the next generation of finance will be programmable and automated. Rather than through manual intervention, fund flows will be automated, and errors minimised, ensuring the movement of capital is intelligent. Collaboration at the core Fuze's payments platform is 100 per cent built in-house and designed to support banks, fintechs, enterprises and governments that want to modernise how money moves, without relying on legacy systems or fragmented providers. Given our in-house capabilities, our payments platform is not based on rigid architecture, but agile and adaptable to evolving client needs and regulatory requirements. Recently, we secured a Series A funding round, backed by Galaxy and e& capital. Part of the latter's commitment to Fuze was in our ability to collaborate effectively with existing businesses – as Harrison Lung, group chief strategy officer at e& said; "There's a natural synergy between Fuze and our fintech portfolio, from e& money to Wio and Careem Pay." We agree – there's a robust opportunity to collaborate towards successful financial services innovation. Another important way that differentiates Fuze from other payments providers is in our close work with the regulators. For example, in the UAE, we have aligned closely with the regulators to ensure our systems meet the highest standards of compliance and security, while offering the agility and scale that modern digital native institutions require. Innovation should never come at the expense of security or stability, and through collaboration we can ensure compliance is built-in from the very core. Financial transformation As the UAE continues its journey toward becoming a global financial and innovation hub, Fuze is proud to be building the infrastructure that will power this future; one payment, one partnership, and one breakthrough at a time. Our RPSCS payments licence doesn't just validate our model, it unlocks the future of finance. Fuze is keen to support national progress and financial transformation in line with the visions and strategies of regional governments and right now the UAE has all the tools, talent and regulatory environment to lead the world in building a secure, smart and inclusive financial ecosystem.
The Market Online
27-05-2025
- Business
- The Market Online
Bragg Gaming unveils 'Big Ticket Bonanza' – A new era of gamified player engagement
Bragg Gaming Group (TSX:BRAG) announced the launch of its latest innovation within the Fuze marketing and promotional toolset: Big Ticket Bonanza This new gamification-led feature is designed to elevate player engagement through dynamic, customizable campaigns that seamlessly integrate with gameplay This new feature joins a growing suite of gamification tools within the Fuze platform, which includes real-time tournaments, quests, flash jackpots, AI-powered game recommendations, and more Bragg Gaming Group stock (TSX:BRAG) last traded at C$5.95 iGaming technology and content provider Bragg Gaming Group (TSX:BRAG) announced the launch of its latest innovation within the Fuze marketing and promotional toolset: Big Ticket Bonanza. About Big Ticket Bonanza This new gamification-led feature is designed to elevate player engagement through dynamic, customizable campaigns that seamlessly integrate with gameplay. Big Ticket Bonanza introduces a fresh approach to player rewards by offering guaranteed-win scratchcards that are randomly triggered during regular gameplay, such as while playing slot games. These scratchcards grant players instant cash prizes or raffle tickets, which are then entered into weekly or monthly prize draws. The more players engage with participating games, the more tickets they earn—boosting session times and wagering volume without disrupting the core gaming experience. Real-time ticket counters and in-play displays keep players informed and motivated, while operators benefit from increased retention and brand interaction. The tool supports both short-term and long-term campaigns, with fully customizable branding options including logos, color schemes, and thematic elements. All draws are backed by secure RNG-based systems, ensuring fairness and compliance, with exportable logs available for auditing. The launch of Big Ticket Bonanza aligns with Bragg's focus on delivering exceptional iGaming experiences and technological innovation. It has already gone live with Bragg's valued partner, Senator Group in Croatia, which operates on the Bragg player account management platform. Bragg plans an aggressive rollout of Big Ticket Bonanza across its operational markets in Europe, the U.S., and Latin America, opening new avenues for global growth. This new feature joins a growing suite of gamification tools within the Fuze platform, which includes real-time tournaments, quests, flash jackpots, AI-powered game recommendations, and more—each designed to adapt dynamically to player behavior and maximize engagement. With Big Ticket Bonanza, Bragg continues to set the standard for innovation in the iGaming industry, empowering operators with tools that not only entertain but also deliver measurable business impact. Leadership insights 'Innovation and excellence form the cornerstone of the Bragg approach to iGaming, and to ensure that our operator partners have the latest tools available in creating dynamic and fantastic experiences for their players,' Matevž Mazij, Bragg Gaming's CEO Group commented in a news release. 'Big Ticket Bonanza is the latest evidence of that focus, our commitment to investing in our products and presents a significant competitive advantage for Bragg as an iGaming supplier, an advantage that we're looking to drive home globally.' Croatian online operator Senator Group, a long-standing turnkey solutions partner of Bragg is among the first of Bragg's operator partners to utilize Big Ticket Bonanza in their marketing strategy. 'Bragg has been a terrific partner to us in our transition from land-based to offering iGaming to our players, and their suite of products and technology have proven invaluable in this process,' Vedran Maric, Senator Group's head of iGaming added. 'We're working collaboratively with Bragg to introduce Big Ticket Bonanza into our marketing, but I'm sure it will be well received by our players in the Croatian market.' About Bragg Gaming Group Bragg Gaming is an iGaming content and platform technology solutions provider serving online and land-based gaming operators. The company is licensed, certified, or approved and operational in over 30 regulated iCasino markets globally. Bragg Gaming Group stock (TSX:BRAG) last traded at C$5.95 and though it is up 15.09 per cent since the year began, it has lost 28.74 per cent since this time last year. Join the discussion: Find out what everybody's saying about this gaming technology stock on the Bragg Gaming Group Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
National Post
27-05-2025
- Business
- National Post
Bragg Delivers On Player Engagement Focus With Innovative Big Ticket Bonanza Gamification Tool
Article content Article content TORONTO — Bragg Gaming Group ( NASDAQ: BRAG, TSX: BRAG) (' Bragg ' or the ' Company ') is proud to announce the launch of the latest gamification-led innovation to its award-winning Fuze ™ marketing and promotional toolset, Big Ticket Bonanza, a new way to engage with players through multiple targeted and bespoke campaigns. Article content Big Ticket Bonanza rewards players with guaranteed-win scratchcards, triggered randomly during normal gameplay (for example while playing a slot game). The scratchcards award instant cash prizes or raffle tickets, which are collected and entered into weekly or monthly prize draws. Article content Players collect tickets by wagering on participating casino games. The more they engage with the game, the more tickets they earn—boosting engagement without disrupting the core gaming experience. Article content The tool supports both weekly and monthly draws, giving operators flexibility in structuring prize pools and maintaining consistent momentum. Ticket counters update dynamically within the game interface or external campaign widgets, reinforcing progress and encouraging continued participation. Article content Offering a totally branded experience, campaigns are fully customizable to reflect the operator's branding, including logos, color schemes, and thematic design elements. Article content At all points Big Ticket Bonanza offers fair and transparent draws, backed by secure RNG-based draw mechanisms that ensure compliance and fairness, with exportable logs for auditing. Article content Players can access their ticket counts, prize history, via an in-play dedicated display. Article content The launch comes as part of Bragg's strategic investment in creating amazing iGaming experiences for players, illustrating how the work of suppliers can create positive experiences for players and ostensibly, deliver meaningful results for its operator partners. Article content Bragg champions a culture of iGaming excellence and constant innovation, not only to its gamechanging iGaming content portfolio, but also in its full service suite of technology solutions, excellence and innovation which creates a competitive advantage in the iGaming industry. Article content The Big Ticket Bonanza gamified player engagement campaign aims to boost player engagement and session time, while increasing wagering volume. It also provides a scalable promotion for both short bursts and longer-term brand events. Article content Bragg is targeting an aggressive roll-out strategy for Big Ticket Bonanza across its operational markets in Europe, the U.S. and the LatAm region, opening up new opportunities for growth globally. Article content Launched with valued partner Senator Group in Croatia, which operates on the Bragg player account management ('PAM') platform, Big Ticket Bonanza is now available to all of Bragg's casino content, aggregation and PAM partners and presents a huge opportunity to engage with players. Article content Big Ticket Bonanza joins an ever expanding and constantly updated list of player engagement tools accessible through the Fuze™ player engagement toolset. Unlike static promotions, Fuze™ engagement mechanics adapted dynamically to player behaviour, ensuring continuous participation. Article content Other tools available within Fuze™ include tournaments with real-time leaderboards, quests, flash jackpots, sophisticated bonusing, free rounds and a games recommendation system powered by cutting-edge AI technology. Article content Matevž Mazij, Chief Executive Officer at Bragg Gaming Group commented: 'Innovation and excellence form the cornerstone of the Bragg approach to iGaming, and to ensure that our operator partners have the latest tools available in creating dynamic and fantastic experiences for their players. Article content 'Big Ticket Bonanza is the latest evidence of that focus, our commitment to investing in our products and presents a significant competitive advantage for Bragg as an iGaming supplier, an advantage that we're looking to drive home globally.' Article content Croatian online operator Senator Group, a long-standing turnkey solutions partner of Bragg is among the first of Bragg's operator partners to utilize Big Ticket Bonanza in their marketing strategy. Article content Vedran Maric, Head of iGaming, Senator Group commented: 'Bragg has been a terrific partner to us in our transition from land-based to offering iGaming to our players, and their suite of products and technology have proven invaluable in this process. Article content 'We're working collaboratively with Bragg to introduce Big Ticket Bonanza into our marketing, but I'm sure it will be well received by our players in the Croatian market.' Article content About Bragg Gaming Group Article content Bragg Gaming Group ( NASDAQ: BRAG, TSX: BRAG) is an iGaming content and platform technology solutions provider serving online and land-based gaming operators with its proprietary and exclusive content, and cutting-edge player account management ('PAM') technology. Bragg Studios offer high-performing and passionately crafted casino game titles using the latest in data-driven insights from in-house brands including Wild Streak Gaming, Atomic Slot Lab and Indigo Magic. Its proprietary content portfolio is complemented by a selection of exclusive titles from carefully selected studio partners under the Powered By Bragg program. Games built on Bragg's remote games server ('RGS') technology are distributed via the Bragg HUB content delivery platform and are available exclusively to Bragg customers. Bragg's powerful, modular PAM technology powers multiple leading iCasino and sportsbook brands and is supported by expert in-house managed, operational, and marketing services. Content delivered via the Bragg HUB either exclusively or from the Bragg aggregated games portfolio is managed from a single back-office which is supported by a cutting-edge data platform, and Bragg's award-winning Fuze™ player engagement toolset. Bragg is licensed, certified, or otherwise approved and operational in over 30 regulated iCasino markets globally, including in the U.S., Canada, LatAm and Europe. Article content Article content Article content Article content Contacts Article content Article content Article content
Yahoo
20-05-2025
- Business
- Yahoo
8x8 (NASDAQ:EGHT) Reports Q1 In Line With Expectations, Growth To Accelerate Next Year
Business communications software company 8x8 (NYSE:EGHT) met Wall Street's revenue expectations in Q1 CY2025, but sales fell by 1.3% year on year to $177 million. The company expects next quarter's revenue to be around $178.5 million, close to analysts' estimates. Its non-GAAP profit of $0.08 per share was in line with analysts' consensus estimates. Is now the time to buy 8x8? Find out in our full research report. Revenue: $177 million vs analyst estimates of $177.9 million (1.3% year-on-year decline, in line) Adjusted EPS: $0.08 vs analyst estimates of $0.08 (in line) Adjusted Operating Income: $17.71 million vs analyst estimates of $16.91 million (10% margin, 4.7% beat) Management's revenue guidance for the upcoming financial year 2026 is $713 million at the midpoint, missing analyst estimates by 0.6% and implying -0.3% growth (vs -1.9% in FY2025) Operating Margin: 0.2%, up from -7.9% in the same quarter last year Free Cash Flow Margin: 1.6%, down from 13.5% in the previous quarter Billings: $176.4 million at quarter end, down 1.8% year on year Market Capitalization: $238.4 million "Our results in the fourth quarter and fiscal 2025 reflect multiple transitions as we build a foundation for durable growth and profitability. Reported service revenue declined 1% in the fourth quarter due to a decline in revenue from former Fuze customers. Excluding revenue from former Fuze customers, 8x8 service revenue growth accelerated to nearly 5% year-over-year. We are making progress upgrading the remaining customers on the Fuze service platform, and expect to complete all upgrades by the end of calendar year 2025," said Samuel Wilson, Chief Executive Officer at 8x8, Inc. Founded in 1987, 8x8 (NYSE:EGHT) provides software for organizations to efficiently communicate and collaborate with their customers, employees, and partners. A company's long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Regrettably, 8x8's sales grew at a weak 3.9% compounded annual growth rate over the last three years. This fell short of our benchmark for the software sector and is a poor baseline for our analysis. This quarter, 8x8 reported a rather uninspiring 1.3% year-on-year revenue decline to $177 million of revenue, in line with Wall Street's estimates. Company management is currently guiding for flat sales next quarter. Looking further ahead, sell-side analysts expect revenue to remain flat over the next 12 months, a deceleration versus the last three years. This projection is underwhelming and implies its products and services will face some demand challenges. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Billings is a non-GAAP metric that is often called 'cash revenue' because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract. 8x8's billings came in at $176.4 million in Q1, and it averaged 1.8% year-on-year declines over the last four quarters. This performance mirrored its total sales and shows the company faced challenges in acquiring and retaining customers. It also suggests there may be increasing competition or market saturation. The customer acquisition cost (CAC) payback period represents the months required to recover the cost of acquiring a new customer. Essentially, it's the break-even point for sales and marketing investments. A shorter CAC payback period is ideal, as it implies better returns on investment and business scalability. 8x8's recent customer acquisition efforts haven't yielded returns as its CAC payback period was negative this quarter, meaning its incremental sales and marketing investments outpaced its revenue. The company's inefficiency indicates it operates in a highly competitive environment where there is little differentiation between 8x8's products and its peers. It was great to see 8x8 expecting revenue growth to accelerate next year. Operating income in the quarter also exceeded expectations. On the other hand, its full-year revenue guidance fell slightly short of Wall Street's estimates. Overall, this was a mixed quarter. The stock traded up 3.8% to $1.86 immediately after reporting. Should you buy the stock or not? When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free.
