Fusepay has officially launched in Seychelles with its first live business transaction completed on November 19. The launch marks an important moment for the country as it moves away from outdated payment systems and prepares for a more modern and secure digital future. With paper cheques being phased out, businesses urgently need tools that help them save time, reduce costs and prevent fraud. Fusepay enters the market with a clear mission to support these needs and give retail and wholesale businesses a faster and safer way to operate.
Fusepay’s founders built the platform from their own lived experiences. They saw how difficult it was for small businesses to handle even basic payments and how losses from fraud and manual errors could destroy a company. Now they are introducing a system designed specifically for frontier markets like Seychelles.
A Platform Built for Real Business Challenges
Fusepay’s Co-founder and CEO, Vidhyasahar, shared the personal frustration that led to this idea. “Fusepay began from the frustration of watching our parents struggle to make even simple digital payments in their retail and wholesale businesses,” he said. “The time wasted and the losses caused by outdated systems are real. Manual processes made employee fraud far too easy and we have seen businesses shut down because of it. We built Fusepay to give businesses a faster, safer and more transparent way to operate.”
With a strong background in product design and deep ties to the Seychelles business community, Vidhyasahar oversees product, design, strategy, and operations at Fusepay. He is dedicated to creating payment solutions that address real challenges faced by SMEs. Prior to Fusepay, he led product design at a YC-backed fintech in the MENA region.
This experience is what shaped the company’s mission. Fusepay offers tools that allow businesses to move away from slow and unreliable processes and transition into a digital landscape that is built for speed and clarity. As Seychelles sunsets paper cheques, Fusepay gives businesses an alternative that helps them adapt without disruption.
Francesco, Co-founder and CTO, highlighted how important it is to build local solutions that understand local realities. With extensive experience in building secure financial systems, he leads technology, security, and platform development at Fusepay, providing the expertise and vision needed to modernise payments for businesses in emerging markets. “Frontier markets like Seychelles need technology built for their context,” he said. “Our goal is to modernise payments from the ground up so businesses can operate with confidence and clarity. Many financial institutions here still run on legacy systems or depend on external agencies to build software that lacks local understanding. Today is just the first step.”
Fusepay’s launch also comes at a time when Seychelles is preparing its business community for a new era of digital payments. With cheques being phased out, the country needs tools that can support immediate transfers, reduce manual reconciliation and provide secure payment processes that prevent fraud. Fusepay’s platform offers exactly this and more.
Designed to Support Growth in Frontier Markets
The confidence behind Fusepay is shared by its investors. Scott Hartley, Co-founder and Managing Partner at Everywhere Ventures, explained why the company fits perfectly into the markets it aims to serve. “At Everywhere Ventures our core ethos is that exceptional founders exist everywhere. Seychelles and the African and Indian Ocean islands are no different,” he said. “With Fusepay we saw both a strong team and billions of dollars in business transactions that need to be modernized. We see this as a powerful opportunity to dominate a smaller market and then expand into adjacencies that address broader customer needs or into markets that are similarly underserved.”
At its core, Fusepay is built to solve real problems that businesses in Seychelles have faced for years. The country has depended on decades-old systems that are slow and expensive to operate. Paper cheques, although common, expose businesses to fraud and create unnecessary delays. As the government phases out cheques, companies must find digital tools that can support daily operations without compromising security.
Fusepay provides several essential features:
● Virtual business accounts for receiving and managing payments
● Instant transfers within the Fusepay network
● Post-dated digital payments to replace paper cheques
● Simple reconciliation tools for finance teams
● A secure and transparent system to reduce fraud
The company is also building an inventory and orders management platform so that businesses can manage operations in one place. This integrated approach creates space for better decision-making and offers a more complete solution for SMEs.
Fusepay is licensed to operate in Seychelles and has already completed its first live transaction. The company plans to expand to other frontier markets where outdated systems continue to limit business growth and financial transparency.
A Skilled Team Driving Seychelles’ Digital Payment Transformation
Behind the platform is a thirteen-person team made up mostly of engineers, along with design, operations, finance, compliance and quality assurance professionals. Their experience spans companies such as Juspay, Intel, Goldman Sachs and local financial institutions. With strong technical and product backgrounds, the team is focused on delivering tools that work reliably in emerging markets.
Fusepay’s entry into Seychelles arrives at a perfect time. With the country transitioning away from cheques, businesses need modern digital solutions that protect them from fraud and reduce operational costs. Fusepay promises a future where payments are instant, secure and easy to manage. Its founders and investors believe that this is only the beginning of a bigger movement to modernise financial systems across frontier markets.
As Fusepay grows, its mission remains clear: help businesses save time, save money and prevent fraud. Through this launch, Seychelles now has access to a new financial technology designed to support the country’s shift into a more efficient digital economy.
