Fasset has raised a $51 million Series B round!

Today, we’re excited to announce that Fasset has raised a $51 million Series B round with participation from SBI Group, Investcorp, Arz Portföy and several other incredible partners who share our belief that the financial system of the future must work for more people, across more geographies, with greater dignity and access.

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Over the last few years, we’ve quietly built across markets that many people overlook.

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Not because they were easy.
Not because they were fashionable.
But because we believed they mattered.

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Based on the incredible customer feedback we receive from over 125 countries around the world,  we’ve seen firsthand what it means for talented people to be locked out of opportunity because of where they were born, what passport they hold or how underdeveloped their local financial infrastructure may be.

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A freelancer in Karachi.
A small business owner in Jakarta.
A family trying to preserve savings in Nairobi.
An entrepreneur moving between Istanbul, Dhaka and Kuala Lumpur.

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The demand for better financial access already exists. The infrastructure simply hasn’t caught up yet.

That’s what this next chapter is about for us.

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This capital will help us accelerate Fasset’s Own Network - our growing AI-enabled financial infrastructure layer connecting banks, payment companies, telcos, on/off-ramp partners and financial institutions across the Morocco-to-Malaysia corridor and beyond.

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Fasset's Own Network is all about enabling asset ownership and enabling entrepreneurs and dreamers of all kinds from our markets to build freely and work with the same tools and rules as their global counterparts.

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We believe the next great financial network will feel far more interconnected than the systems we inherited.

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Where moving money and value across borders feels as seamless as sending a message.

Where stablecoins and tokenized real-world assets become part of everyday financial life for everyone, everywhere.

Where someone in an emerging market can access global financial tools with the same ease as someone sitting in New York or Singapore.

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Over time, we hope this network enables people to save better, invest better, transact better and ultimately participate more fully and equitably in the global economy.

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That mission resonates deeply with us because the role of finance isn't about financialization of everything.

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It shapes who gets access to opportunity.
Who gets to preserve value.
Who gets to dream bigger about their future.

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We’re grateful to our team, our regulators, our partners and most importantly, our community of users who believed in us long before this announcement.

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The road is still long. But we genuinely believe a more open, equitable, connected and ownership-driven financial system is possible, and worth building.

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With gratitude Mohammad Raafi Hossain Founder & CEO, Fasset