Fuze Finance alternative: payouts from your own wallet, not a Fuze balance
With Fuze Finance you fund a balance and a local partner pays. Unigox keeps the USDT in your partner wallet and pays users local money from it. Stay with Fuze for a UAE-regulated partner, embedded trading or OTC.
When to stay with Fuze Finance
You are a bank adding crypto trading, yield or lending
Fuze sells embedded buy, sell and swap, yield on idle assets and lending against crypto as one stack for banks and neobanks. The Unigox Payments API covers only local-money payouts and collections against USDT or USDC.
Your board wants a counterparty regulated in the UAE
Fuze's Dubai broker-dealer holds a VARA licence. Its Abu Dhabi payments company holds a Category III Retail Payment Services licence from the Central Bank of the UAE. SPK and MASAK supervise its Turkish company.
You trade $250,000+ in AED, TRY or assets beyond stablecoins
Fuze OTC starts at $250,000, prices the whole order with a quote fixed for 10 seconds, and settles against AED, USD, EUR, GBP or TRY. Unigox OTC deals cover EUR or GBP against stablecoins, carried out by the Unigox team at a fee agreed with you.
See OTC deals
Fuze Finance vs Unigox: one payout to a user
| Topic | Fuze Finance | Unigox |
|---|---|---|
| Where the money waits | In a multi-currency balance on Fuze, in Fuze-hosted wallets and accounts. Fuze keeps client assets with several partners, apart from its own capital. | In your partner wallet. Your server signs each order's USDT or USDC into on-chain escrow, and a funded payout that stops is refunded to that wallet. |
| Steps for one payout | Fund the balance, lock a rate and convert into the payout currency, then create the payout with sender and beneficiary details in one request. The result comes by webhook. | Request a quote, create the order and sign its USDT or USDC into escrow. Webhooks report the status, refunds and identity checks. |
| Who pays the recipient | A Fuze partner in the destination country. Fuze sends it stablecoins on-chain, and the partner converts to local money and pays. | A payment business connected to Unigox, or an individual P2P merchant, pays the user. Where a payment business serves the currency, you can limit a quote to payment businesses. |
| Paid to | Bank accounts, on a local rail per currency: Instant Local for AED, Sarie for SAR, Raast for PKR, PIX for BRL, SPEI for MXN. Wallets in Pakistan too. | The user's own bank or mobile money account. |
| Pricing | No fee schedule on its site. Fuze says a payout carries a crypto conversion spread and transaction fees in place of a direct FX rate. | Each quote shows the rate, the Unigox fee for that currency and method, your own fee and the total. An order that does not complete is not charged. |
| Testing and access | Sandbox after an initial scoping with Fuze. Each request carries X-API-KEY, X-TIMESTAMP and an HMAC-SHA256 X-SIGNATURE made with your API secret. | A call and KYB first. Then a sandbox with the same endpoints as production, and the key in an X-API-Key header. |
| Regulation | Licences or registrations in Dubai (VARA), Abu Dhabi (Central Bank of the UAE), Turkey (SPK, MASAK) and Canada (FINTRAC). VARA has fined the Dubai company over AML control failures, unlicensed activity and undisclosed material facts; a Skilled Person is to oversee the remediation. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxMove user payouts from Fuze Finance to Unigox
Book a call and redo KYB with Unigox
Agree your markets on a call, then send your company documents for Unigox KYB. Fuze's onboarding of your business does not carry over, and API keys come after approval.
Replace two steps with one order
Your code converted on Fuze and then created a payout, or an external transfer to a registered counterparty. Replace that with a Unigox quote, an order and a signature from your server. Each user passes a Unigox identity check or reuses an eligible Sumsub or Persona check.
Test a refund, then fund the partner wallet
In the sandbox, run one payout to completion and one that comes back as a refund. Then switch to the production key and fund the partner wallet with USDT or USDC.
Fuze Finance alternatives: questions
What is Fuze Finance, and when do exchanges use Unigox?
Fuze Finance is digital asset infrastructure from the UAE. It sells a wider stack to banks, PSPs and remitters: cross-border payouts through local partners, embedded trading and an OTC desk. Unigox fits when an exchange or crypto app pays its own users local money to a bank or mobile money account. Each order is funded from USDT or USDC in its partner wallet.
See the Payments APIWhich stablecoin payment firms compete with Fuze Finance?
Stablecoin payment companies such as BVNK, Bridge and OpenPayd, which we also compare with Unigox. Unigox competes with Fuze on one part of its stack: paying users local money from USDT or USDC.
Read the BVNK comparisonWhat does Fuze Finance charge for payouts and OTC trades?
Fuze publishes no payout fee schedule and says a payout carries a crypto conversion spread and transaction fees. Its OTC quotes are all-inclusive and fixed for 10 seconds, for trades from $250,000. On Unigox the fee for each payout order appears beside the rate before you create it.
Is there an alternative to Fuze Finance's OTC desk?
For EUR or GBP against stablecoins, Unigox OTC deals. You give the team the currencies, amount and destination, confirm at the fee agreed before your first deal, and the team carries it out. For AED or TRY, assets beyond stablecoins, or a fixed-price quote on screen, Fuze's desk fits.
See OTC dealsBring us your Fuze payout corridors
List the currencies your users are paid in and the monthly volume you send through Fuze. We check them against the Payments API on a call.
Fuze Finance and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.