Latest news with #Fuze
Hamilton Spectator
21-07-2025
- Business
- Hamilton Spectator
Costco announces change to $1.50 hot dog and drink combo, plus new Canadian locations
Costco Canada announced some big news on Monday that impacts the $1.50 hot dog and soda combo. While the price isn't changing (it's been $1.50 since 1985), your beverage options will. Costco Canada has confirmed its food courts are switching from Pepsi to Coke. Revealing the news in an Instagram post, Costco Canada said Coca-Cola has officially joined the drink lineup across Canada. 'Whether you're grabbing a quick refreshment or pairing it with your meal, Coca-Cola is now a delicious new option,' the warehouse giant added. A post shared by Costco Canada (@costco_canada) Costco invited customers to share their reaction in the comments. While many welcomed it, others said they prefer to pair their $1.50 hot dog with a Pepsi. 'Coke! It would be awesome to have Cherry Coke and Coke Zero,' elenidenguessi responded on Instagram. 'Boooooo,' countered Lauren Ruhr. 'One of my fave things about the food court is that they had Pepsi products.' Some customers have already noticed the switch. Filming his experience from a Costco warehouse in Richmond, B.C., TikTokker Andy Shen showed his followers the new beverage options. Along with Coca-Cola, the Richmond store also has Fanta orange soda, Coke Zero, Fuze iced tea, Sprite and Diet Coke. 'We haven't had Cokes with our hot dogs at Costco for over 10 years,' said Shen. 'So finally, they've switched back to Coke, which is my favourite drink. So next time you go to Costco, make sure you pick up a hot dog with your Coke and I hope you enjoy your delicious after Costco treat.' A post shared by Costco Canada (@costco_canada) In related news, Costco has also confirmed two new Canadian locations, including one in Ontario. In an earlier Instagram post, Costco Canada said its newest Ontario warehouse will open Aug. 20 at 107 Harry Walker Pkwy. S. 'Are you as excited as we are?' Costco Canada added. On the r/Costco subreddit , commenters expressed some concerns over traffic congestion at the Newmarket location. 'That Harry Walker/Davis intersection and that plaza is going to be more of a nightmare than it already is,' wrote Adamo2JZ. Costco previously announced the development includes a 167,000-square-foot store with a gas bar. The current East Gwillimbury store will be converted to a Costco Business Centre. Along with the Newmarket location, Costco also plans to open a new warehouse in Rimouski, Que., in August, according to the company website . Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Hindustan Times
08-07-2025
- Business
- Hindustan Times
IITian founder's viral reply to engineer who bailed for better offer: ‘Reasons seem a bit off'
The co-founder of Fuze Finance has revealed his reply to a candidate who accepted a job at his startup, only to back out a couple of days before he was supposed to join. Srijan R Shetty, the IIT-educated co-founder of the fintech company, shared a screenshot of his email to the employee who bailed for a better offer. A co-founder shares his reply to a candidate who backed out days before he was supposed to join (Representational image) His response has been going steadily viral on X, where it has sparked a discussion on workplace etiquette and the ethicality of job hunting after accepting an offer. Engineer backs out before date of joining 'One of the engineers who was due to join today sent a message over the weekend that they won't join,' Shetty wrote in his X post on Monday. The Dubai-based entrepreneur acknowledged that he felt a 'bit let down' by the engineer's decision. 'I sent them across the following message,' he said, sharing a screenshot of the email he sent to the candidate. In his email, the co-founder of Fuze Finance began by acknowledging the reasons presented by the engineer for not going ahead with the job offer. The engineer apparently said that he had received a 'better offer' from a different company, and that he could not confirm his date of joining due to 'personal reasons' – due to which he was backing out. What the co-founder said in his email Shetty began by assuring the engineer that his workplace is a flexible one, and that they could have come up with a solution if he had chosen to approach them rather than refusing to join outright. He then told the engineer that the reasons he provided for backing out seemed 'a bit off'. 'The two reasons you provided seem a bit off. You're free to shop for offers in the market - it's a free market after all. But you could have come back to us and we would have been happy to have a chat about the new offer that you have,' wrote Shetty. The co-founder acknowledged that the job-seeker had the right to shop for better offers. However, he pointed out that his startup would have been open to negotiations. 'I believe that life is a positive sum game, and that's how we treat everyone at Fuze. A lot of my folks at Fuze have worked with us over the years in different startups and we have ensured that we do what's best for them, even if it means joining another company with a much better offer,' said the IITian. He ended his email with a rebuke, informing the engineer that bailing reflected poorly on him. 'The action of rejecting an offer a day before joining reflects very poorly on the person partaking in the action. I hope you do not do the same with any other company and choose to prefer open communication instead,' wrote Shetty. Social media weighs in The post sparked a discussion on X, where many viewers sided with the engineer. 'You're the top 0.0001% that would've done what you mentioned,' wrote one X user. 'In most places this dude would have instantly lost this offer to someone else had he shared he was exploring for other offers.' 'I understand and kind of agree to what you proposed, but as a candidate it's pretty difficult to do open conversation,' another X user named Sanket Jha said. 'I think everyone that's arguing againt this is missing a critical piece of information. As far as I understand this person accepted your offer and decided to bail one day before. Everyone shops for offers. That is perfectly fine to do. But if this was me once I've agreed to an offer there's no way I'm shopping around for an alternate offer,' an X user named Abbas countered.
Fintech News ME
26-06-2025
- Business
- Fintech News ME
Codebase Technologies Partners with Fuze to Offer Digital Asset Capabilities to Banks in the Middle East
Dubai-based Codebase Technologies has announced a partnership with Fuze, a digital asset infrastructure firm headquartered in Abu Dhabi, to integrate crypto and digital asset capabilities into its Digibanc platform. The collaboration aims to support banks and fintechs in the region seeking to expand their service offerings to include digital assets. The partnership comes amid rising institutional interest in cryptocurrencies across the Middle East. 'We're not trying to ride a trend,' said Omar Mansur, Managing Director, APAC at Codebase Technologies. 'Our clients are asking how to offer digital asset services in a way that fits into their existing systems and without undue burden on their compliance and operations teams. This partnership gives them a practical and fast way to do that, to capitalise on the significant market potential.' Fuze will provide the infrastructure to enable Digibanc users to offer crypto services via a streamlined integration process. This includes access to digital asset tools designed to minimise operational complexity for financial institutions. 'Banks have been circling the digital asset space for a while,' said Mo Ali, CEO at Fuze. 'What's been missing is a setup that feels familiar, that fits how they already operate. That's what we're offering with Codebase Technologies.' Codebase Technologies has previously worked with financial institutions across MENA, APAC, and Europe, delivering digital banking solutions through its Digibanc platform. Fuze, meanwhile, brings expertise in supporting institutions with the technical and regulatory challenges of launching digital asset products. Together, the companies intend to provide banks and fintechs with a practical route into the digital asset space that aligns with institutional requirements and existing infrastructure.
Zawya
26-06-2025
- Business
- Zawya
Codebase Technologies and Fuze partner to expand digital asset access for Banks and Financial Institutions
Dubai, UAE - Codebase Technologies has entered a strategic partnership with Fuze, a digital asset infrastructure company based in the Middle East, to introduce crypto and digital asset capabilities to banks and fintechs across the region, through Codebase Technologies Digibanc™ platform. The collaboration arrives at a time when interest in digital assets across the Middle East is quickly rising. Chainalysis reports that the MENA region saw over $566 billion in crypto transactions between July 2021 and June 2022, making it the fastest-growing crypto economy in the world during that period. However, the growth wasn't just from retail investors, banks and regulators are actively exploring how to bring digital assets into regulated financial environments. 'We're not trying to ride a trend,' said Omar Mansur, Managing Director – APAC, at Codebase Technologies. 'Our clients are asking how to offer digital asset services in a way that fits into their existing systems and without undue burden on their compliance and operations teams. This partnership gives them a practical and fast way to do that, to capitalize on the significant market potential.' Fuze brings the infrastructure piece to the table. Through a seamless integration with Digibanc™, Codebase Technologies' clients will be able to plug into a set of tools that let them offer crypto products with less overhead and fewer moving parts. 'Banks have been circling the digital asset space for a while,' said Mo Ali, CEO at Fuze. 'What's been missing is a setup that feels familiar, that fits how they already operate. That's what we're offering with Codebase Technologies.' Codebase Technologies has worked with banks and fintechs in MENA, APAC, and Europe, helping them launch digital banking propositions that are built around local market realities and tight timelines, launching singular propositions through to full-fledged digital and neobanks, on the Digibanc™ platform. Fuze brings the experience and tools needed to help banks navigate the often-complex reality of launching digital asset products from infrastructure to ensuring compliance with regulators. This partnership aligns two areas of deep expertise to deliver a practical, institution-ready pathway into the expanding digital asset market. For banks and financial institutions, it represents a tangible opportunity to evolve their offerings in step with market demand, without disrupting core operations. About Codebase Technologies Born in the UAE, built for the world, Codebase Technologies is the MENA region's homegrown digital banking technology powerhouse. As a boutique technology consultancy and transformation partner, Codebase Technologies goes beyond software to deliver real, measurable impact for financial institutions across the globe. With a bold mission to unlock potential through disruptive innovation, Codebase Technologies empowers Islamic and conventional banks, fintechs, neobanks, lenders, and startups to not just digitize, but to differentiate, lead, and grow. Whether launching a greenfield neobank or modernizing legacy infrastructure, Codebase Technologies brings together strategic advisory, technology, and execution into one seamless offering. At the heart of its innovation engine is Digibanc™ an award-winning, cloud-native, and API-first digital banking platform. Digibanc delivers end-to-end capabilities across channels, core banking, lending, card issuance, customer engagement, and more, supported by a robust ecosystem of over 650 market-ready APIs. As one of the world's fastest growing fintechs, Codebase Technologies has redefined what it means to innovate at speed and scale, bridging local insight with global execution. 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 an efficiently. Driven by a solutions-based approach, Fuze helps financial services providers to strategise, organise and implement digital assets infrastructure and quickly, securely launch regulated, world-class products across wealth and payments. Fuze was founded by an expert team of fintech, traditional finance (TradFi) and decentralized finance (DeFi) leaders, with its co-founders holding extensive knowledge from experience in global hypergrowth businesses: the CEO, Mohammed Ali Yusuf (Mo Ali Yusuf) has held prominent roles at and Visa; Arpit Mehta (COO) was previously in the leadership team at fintech leaders like Simpl and Clear; Srijan Shetty (CTO) built algorithmic trading systems at Goldman Sachs and worked at tech leader Microsoft. Fuze offers a Digital-Assets-as-a-Service infrastructure platform which enables banks and fintechs to embed regulated digital assets products in a B2B2C fashion. Additionally, Fuze provides an Over-The-Counter (OTC) service that supports institutions, funds, and HNIs (high-net-worth individuals) in executing large digital asset trades securely and efficiently.
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.
