# Built for the markets everyone else skipped > Wise and Stripe are unavailable to businesses in many growth markets, and a wire home loses money to fees and spread. Fasset Business is built for the companies left out. Canonical: https://fasset.com/business/about/ Newly live, opening accounts Agencies, dev shops and exporters earn USD, EUR and GBP from clients wherever those clients are, and getting that money home costs hundreds of dollars on every $10,000 sent by wire. Fasset Business exists to make that number small. - Open an account - See the demo Client funds are held separately from Fasset’s own. ## Why does this company exist? Because the tools that solved this problem for businesses in London and San Francisco were never offered to businesses in the growth markets that needed them most, and the ones that arrived left again. - **Wise and Stripe:** Not available to a lot of the businesses that need them, so the standard answer to "just use Wise" does not apply everywhere. - **Mercury:** Left. It requires a US entity and it closed accounts across several growth markets, which stranded businesses that had built their whole receivables process on it. - **PayPal:** Never properly arrived, and where it works it takes 4.49% plus $0.49 to receive and another 3 to 4% to convert. - **What is left:** A bank wire, charged four times before it lands: a send fee, a correspondent fee, a receive fee, and a spread hidden in the exchange rate. World Bank Remittance Prices Worldwide puts the global average cost of cross-border payments on legacy rails at 6.49% in Q1 2025. ## What we are actually building Receive USD, EUR and GBP in your own name, convert closer to the mid-market rate, pay contractors on local rails, and see the fee before you confirm. A business account that assumes your clients are abroad and your team is not. On our wire model, a $30,000 monthly invoice loses about $840 to fees and spread: $45 to send, $30 to a correspondent, $15 to receive and 2.5% in the rate. Run your own numbers in the transfer fee calculator. Fasset's own per-plan pricing is on the pricing page, ungated. ## The company behind it Fasset Business is built and operated by Fasset, a fintech focused on making dollar finance work for businesses in growth markets. The team is small, so there is no sales department to route you through. Pricing questions, security questionnaires and complaints all arrive at the same inbox and get answered directly. We are not going to publish stock team photos or a customer count we do not have. ## Where we are, honestly Newly live. Accounts are opening now, market by market, which is why there are no customer logos on this site yet. - **Legal entity:** Fasset. Fasset Business is the business banking product, built and operated by the same company. - **Regulatory position:** Fasset Business is a technology platform, not a bank. Banking, payment and card services are provided by licensed third-party institutions in each market, subject to their terms and eligibility rules. - **Stage:** Newly live. Accounts are opening now, and availability is confirmed at signup, country by country. - **Availability:** Confirmed at signup, country by country, with contractor payroll in supported markets. - **Contact:** help@fasset.com, which reaches the team rather than a queue. ## Two plans, both priced in full Business for most teams, Enterprise when volume, entities or corridors outgrow it. Launch pricing, with every fee on the pricing page. - **Business** ($29 a month): For teams scaling payments and payroll - **Enterprise** (Custom): For high volume and multi-entity operations ## Common questions #### Who is building Fasset Business? Fasset Business is built and operated by the Fasset team as the company's business banking product. The team is small and there is no sales department to route you through: diligence questions, pricing questions and complaints all reach the team at help@fasset.com. #### Where is Fasset Business available? Fasset Business is built for agencies, dev shops, freelancers and exporters that earn USD, EUR and GBP from clients wherever those clients are. Availability is confirmed at signup, country by country, so the fastest way to check is to start opening an account. #### How do I open an account? The application runs entirely online, at /signup/. You can also walk through the product first with sample data and no signup, at /demo/. #### Is Fasset a bank? No. Fasset Business is a technology platform, not a bank. Banking, payment and card services are provided by licensed third-party institutions in each market, and client funds are held at those institutions, separately from Fasset's own money. ## Open your account The application runs entirely online. Or walk through the product first, with sample data and no signup. - Open an account - See the demo Client funds are held separately from Fasset’s own.