Fusepay, a Seychelles-headquartered fintech, has launched Fuse360, an AI-native operating system built for wholesalers, distributors, and manufacturers — pushing the company beyond payments and into enterprise software. The platform launched in Seychelles this month, with Mauritius next in September, followed by selected East and Southern African markets before the end of 2026.
Fuse360 bundles inventory management, order processing, invoicing, customer credit, collections, and retailer relationships into a single system, with payments routed through FusePay, the company’s existing licensed payments product. Fusepay says the pitch is simple: trade businesses currently run these functions across disconnected spreadsheets, messaging apps, and standalone software, and Fuse360 is meant to replace that patchwork with one platform tied to one ledger.
Where the AI Actually Sits
The AI layer in Fuse360 handles repetitive back-office work — payment reconciliation, collections chasing, reporting, credit monitoring, and business analysis — rather than replacing staff outright, according to the company. A retailer-facing portal lets customers place orders, view invoices, download statements, and track outstanding balances directly, cutting out the manual back-and-forth that typically eats up a wholesaler’s week.
Fusepay was founded in 2024 by CEO Vidhyasahar Thiyagarajan and CTO Francesco Rocchi, both of whom grew up around family retail and wholesale businesses in Seychelles and built the product around problems they’d watched firsthand. The company is licensed as a payment service provider by the Central Bank of Seychelles, with a Delaware-incorporated parent. It raised more than $350,000 in pre-seed funding in August 2025 from Hustle Fund, Everywhere Ventures, First Check Ventures, Startup Istanbul, Velocity Digital, and angel investor Ashwin Ravichandran.
Fragmented Payments Are the Real Obstacle, Not the Product Idea
An all-in-one trade OS isn’t a new concept — the harder problem Fusepay is chasing is the one plaguing intra-African commerce more broadly. Fragmented payment systems remain one of the biggest obstacles to the African Continental Free Trade Area’s ambitions, and Fusepay’s bet is that bundling operations software with its own payment rails gives it more control over that friction than a standalone ERP tool would. Continental infrastructure projects like PAPSSCARD have been built explicitly to reduce dependence on external payment routing and cut cross-border transaction costs for African trade, which is the same gap Fusepay is now trying to close at the individual-business level rather than the settlement-rail level.
That dual role — operations software and payment processor in one — is also the platform’s biggest lock-in risk for merchants. Tying inventory, invoicing, and credit data to the same company that processes the payment leaves wholesalers with little leverage if pricing changes or service quality slips once they’re dependent on Fuse360 for daily operations. Competing B2B platforms like Cartona have taken a narrower approach, focusing on supply-chain logistics for FMCG retailers rather than building a full operating system, which suggests the market hasn’t settled on how much of a trade business’s stack should sit with one vendor.
The funding math is also worth sitting with. $350,000 in pre-seed capital is a modest base from which to build inventory, invoicing, credit, collections, and payments infrastructure simultaneously, then scale it from a market of roughly 100,000 people in Seychelles into larger, more competitive East and Southern African economies. Execution risk rises sharply the moment Fuse360 leaves Seychelles’ small, controlled environment for markets where informal trade, patchier connectivity, and entrenched local software habits complicate a clean product rollout. Cross-border fintechs entering African markets under the AfCFTA banner have repeatedly found that intra-African remittance and payment corridors remain among the most expensive and hardest to simplify in the world, a reality Fusepay will collide with the moment Fuse360 crosses into its next market.
Whether Fuse360 becomes the operating layer for African wholesale trade or gets picked apart by narrower, better-funded competitors will depend on how the Mauritius launch goes first.
