Fasset
Stub active Updated May 16, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
About
Fasset is a Los Angeles-based stablecoin-powered digital banking and investment platform focused on financial inclusion in emerging markets, founded in 2019 12. The company has secured regulatory approvals in the UAE, Indonesia, Malaysia, the EU, Türkiye, and Pakistan and processes more than $32B in annualized transaction volume across 125 countries, serving over 1,000 SMBs 12. The $51M Series B announced May 14, 2026 was led by SBI Group with participation from Arz Portföy, Investcorp, and a group of strategic family offices; proceeds will fund expansion across Asia, Africa, and the Americas plus new SME working capital and trade financing products 12.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-05-14 | Series B | $51M | SBI Group | Arz Portföy, Investcorp 12 |
What Investors Say
No independently sourced investor quotes found at this time.
What Founders Say
No independently sourced founder quotes found at this time.
Sources
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CoinDesk, “Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets,” May 14, 2026. Accessed May 2026. https://www.coindesk.com/business/2026/05/14/stablecoin-powered-neobank-fasset-raises-usd51-million-to-expand-across-emerging-markets↩↩↩↩
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Finextra, “Fasset raises $51 for stablecoin-powered digital banking,” May 2026. Accessed May 2026. https://www.finextra.com/newsarticle/47755/fasset-raises-51-for-stablecoin-powered-digital-banking↩↩↩↩