Startup profile for Fasset: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Fasset funding, valuation and investors

Stablecoin-powered neobanking for emerging markets.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series C

$68M · August 2026

Latest known valuation

$1B

Series C · August 2026

Total disclosed equity funding

$119M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · Los Angeles, California

Investors in latest funding

Lead: SBI Group

Other: Speedinvest

Sources: latest funding Last verified: 2026-08-25

Overview

Fasset provides stablecoin-backed financial services for users in emerging markets where legacy banking and FX are slow or expensive. On August 24, 2026 the company announced a $68 million Series C at a $1 billion valuation led by SBI Group, following a $51 million Series B in May 2026 that brought Speedinvest onto the cap table. Company: more than $40 billion annualized transaction volume, 3 million+ wallets, 1,000+ enterprises, 125 countries, and more than $150 million total funding. Own Network is Fasset’s regulated corridor infrastructure. Neo appears on our directory cap table; SBI Group and Speedinvest do not have Venture Capital Tracker fund pages.

Why Fasset is interesting

August 24, 2026: $68M Series C at $1B led by SBI Group — EM stablecoin neobank print. Company: >$40B annualized volume. Follows May’s $51M Series B. Neo is on our directory cap table.

Product & use cases

Neobank-style accounts over Own Network — banks, telcos, liquidity, custody, and settlement partners — with AI routing across rails.

  • Cross-border remittances with stablecoin settlement
  • Savings and payments where local currency is volatile
  • Enterprise and institutional multi-rail settlement

Key facts

  • Series C (Aug 24, 2026): $68M at $1B, SBI Group lead (company)
  • Series B (May 2026): $51M; $119M raised in 2026; >$150M total funding (company)
  • Company: >$40B annualized transaction volume; 3M+ wallets; 1,000+ enterprises; 125 countries
  • Directory: Neo (/fund/neo). No SBI or Speedinvest /fund/ pages.

Funding history (newest first)

Series C

2026-08 $68M Valuation: $1B
  • SBI Group (lead)
  • Speedinvest (participant)

Source: https://fasset.com/blog/fasset-raises-68m-series-c-led-by-sbi-group/

Series B

2026-05 $51M

Source: https://venturecapitaltracker.com/2026-fasset-51m-series-b-stablecoin-neobank-em

Investors in our directory

Funds linked from Fasset's profile — open a fund page for stage focus and related deal articles.

Neo

Competitive landscape

Edge: Regulated EM footprint plus Japan strategic remittance partner (SBI) versus exchange-first crypto apps.

Stablecoin neobanks win on trust, liquidity, and regulatory clarity — not app design. The August 2026 $1B print is a geography-and-volume bet, not a disclosed take-rate.

  • Traditional EM neobanks incumbent

    Nubank-style players without stablecoin core.

  • Binance / global exchanges adjacent

    Crypto on-ramps without full banking UX.

  • Checker (B2B orchestration) adjacent

    Institutional stablecoin rails vs Fasset consumer focus.

Notable stories

  • VCT grouped Fasset with Checker and Catena in May 2026's stablecoin infrastructure funding wave — consumer EM vs B2B orchestration layers.
  • SBI Holdings CEO Yoshitaka Kitao framed Fasset as a financial bridge from Japan to high-growth EM markets inside an APAC digital economic zone (company post, Aug 2026).

Industries

Fintech Crypto & Web3

Related funding articles

Venture Capital Tracker pieces that cover Fasset's financing or category context.

FAQs about Fasset

Practical answers founders, operators, and investors typically search for.

Stablecoin-powered neobanking for emerging markets via Own Network settlement infrastructure.
$68 million Series C at $1 billion on August 24, 2026 (company), after a $51 million Series B in May. See /2026-fasset-68m-series-c-1b-sbi, /2026-fasset-51m-series-b-stablecoin-neobank-em, and the August roundups.
neo appears on VCT directory; SBI Group led the August 2026 Series C. Speedinvest joined on the May Series B.
Built around stablecoin rails for FX and savings in volatile markets.
Neobank UX with stablecoin settlement — not primarily trading.
Users seek dollar exposure and faster cross-border settlement.
Private; not disclosed.
Emerging markets focus per company — 125 countries, regulated entities/partnerships across GCC, Asia, Europe, and other markets.
Fasset is consumer/EM neobank; Checker targets FI orchestration APIs.
Stablecoin banking depends on local licensing and partner banks — key operational constraint.
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