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Fasset

Dubai, AE · Founded 2019 · 170 employees on LinkedIn · 6 known investors

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Fasset operates a mobile banking and investing app offering multi-currency accounts, cross-border transfers, instant settlements, a global debit card, and interest-free investment access across crypto, stocks, funds, and commodities, all powered by its Own Network (L2) blockchain. The stablecoin-powered digital bank serves consumers across Asia and Africa, with teams in Dubai, Islamabad, Jakarta, and Bahrain.

ConsumerCrypto & Web3Fintech

Investors · 6

Fatima Gobi Ventureslisted by Fatima Gobi VenturesLahore

How we know: Fatima Gobi Ventures's portfolio page · Not right? Tell us

Formus Capitallisted by Formus Capital

How we know: the VCSheet dataset · Not right? Tell us

Gobi Partnerslisted by Gobi PartnersHong Kong

How we know: the VCSheet dataset · Not right? Tell us

Soma Capitallisted by Soma CapitalSacramento · $100K – $300K

How we know: somacap.com · Not right? Tell us

Also in the syndicate · 1

SBIlead

Funding

SEC filings, press & company announcements

$68M disclosed across 1 of 3 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

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CryptoRankCryptorank is a data platform that tracks and publishes information on cryptocurrency funding rounds, project valuations, and investment activity. It aggregates and verifies funding data from public sources for the crypto market.
SoundCloudAudio distribution and music-sharing platform for artists and creators.
PublicPublic is a trading platform that allows users to buy and sell cryptocurrencies including Bitcoin, Ethereum, and memecoins through accounts managed by Zero Hash LLC, a New York State-licensed virtual currency business.

Companies working in the same space as Fasset.

In the news

Just $389m was raised across this week's 12 FinTech dealsfintech.global · Aug 2026Fasset raises $68M Series C at $1B valuation to scale AI-powered stablecoin banking - Tech Startupstechstartups.com · Aug 2026Fasset raises $68M Series C at $1B valuationfasset.com · Aug 2026

Frequently asked questions

What does Fasset do?
Fasset operates a mobile banking and investing app offering multi-currency accounts, cross-border transfers, instant settlements, a global debit card, and interest-free investment access across crypto, stocks, funds, and commodities, all powered by its Own Network (L2) blockchain. The stablecoin-powered digital bank serves consumers across Asia and Africa, with teams in Dubai, Islamabad, Jakarta, and Bahrain.
Who are Fasset's investors?
Fasset's investors include AEF Greater Bay Area Fund, Fatima Gobi Ventures, Formus Capital, Gobi Partners, Soma Capital.
How much funding has Fasset raised?
Fasset has disclosed $68M raised across 1 of its 3 known rounds.
Where is Fasset headquartered?
Fasset is headquartered in Dubai, AE.