Fasset operates a stablecoin-powered banking and payments platform that moves money across more than 50 corridors spanning Asia, Africa and the Middle East. The company serves over 1,000 small and medium-sized businesses across 125 countries and processes more than $32 billion in annualized transaction volume. It emphasizes Shariah-compliant digital banking and custody, and has built proprietary infrastructure branded as "Own Network" for stablecoin payments. Fasset has launched product partnerships such as a gold-backed neobanking card tied to tokenized assets with USDT issuer Tether. With the $51 million Series B, the firm plans to expand into new markets and develop lending and trade finance products for its SME customers. The company positions itself as part of a wave of fintechs rebuilding cross-border payments on blockchain and dollar-backed stablecoin rails.

Total raised

$141M

Funding rounds

4

Latest round

Equity

Latest activity

Aug 2026