Funding

Fasset Raised $68 million in Series C Funding Round

Aug 24, 2026 | By Devin Jacobs

Fasset Raised $68 million in Series C Funding Round

SUMMARY

Fasset, the AI-powered stablecoin neobanking platform, has raised $68 million in Series C funding at a $1 billion valuation.

The financing was led by SBI Group and follows Fasset’s $51 million Series B earlier this year, which brought Speedinvest onto the cap table alongside a group of strategic investors.

The company plans to use this funding to help expand Own Network, Fasset’s regulated financial network that connects banks, telecom companies, payment and liquidity providers to support international payments and settlements.

Funding Snapshot

MetricDetails
Fundraise Amount$68 million
Funding StageSeries C
Valuation$1 billion
Total Funding in 2026$119 million
CompanyFasset
SectorFintech / Stablecoin / Digital Assets
Latest Lead InvestorSBI Group

About Fasset

Fasset is an AI-powered stablecoin neobanking platform focused on creating a global financial infrastructure centered on ownership and access to financial services.

Its financial account allows individuals, businesses, and institutions to receive, hold, move, spend, and invest across currencies, markets, and asset classes from a single platform.

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The company is built around Own Network, its regulated financial infrastructure that connects banking, payments, liquidity, custody and settlement services across markets.

Core offerings include:

  • Stablecoin-based financial accounts
  • Cross-border financial services
  • Digital asset infrastructure
  • Payment and settlement solutions
  • Tokenized asset infrastructure
  • AI-powered financial systems

Core Technologies / Products / Services

Capability/ProductApplication/Use Case
Own NetworkConnects financial institutions and providers across markets
Stablecoin InfrastructureEnables cross-border settlement and financial transactions
AI-Powered SystemsSupports financial operations and corridor banking

Leadership Comments

“The next phase is about any-to-any banking. Any person to any person. Any asset to any asset. Any rail to any rail, anywhere. We built Fasset to address a simple problem: access to financial opportunity still depends too heavily on where someone lives and the financial system available to them,” said Mohammad Raafi Hossain, Co-Founder and CEO of Fasset.

“Fasset is building the regulated infrastructure that helps people and businesses in growth markets access stablecoins, global assets and cross-border rails. That access is still too often shaped by geography. Raafi, Daniel and the team are changing that, and we are proud to have continued backing Fasset as it scales globally,” said Stefan Klestil, General Partner at Speedinvest.

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