Fasset Achieves Unicorn Status with $68M Series C for Global AI-Powered Neobanking Expansion
August 26, 2026, 9:33 am
Location: United Kingdom, England, London
Employees: 51-200
Founded date: 2015
Total raised: $30M
Fasset secures $68M in Series C funding, achieving a $1B valuation. It's now a fintech unicorn. SBI Group led the pivotal round. The AI-powered stablecoin neobanking platform plans significant global expansion. Funds will enhance its "Own Network," boost AI-driven financial systems, and accelerate stablecoin and tokenized asset infrastructure. This investment strengthens its mission: simplify global finance. The company serves millions across 125 countries. It drives cross-border payments with innovative technology.
Fasset has reached a major milestone. The AI-powered stablecoin neobanking platform announced its Series C funding round. It secured $68 million. This investment pushed Fasset's valuation to $1 billion. Fasset is now a fintech unicorn.
This funding round marks significant growth. It follows Fasset's $51 million Series B earlier this year. The company has raised $119 million in 2026 alone. Its cumulative funding now exceeds $150 million. This capital infusion demonstrates strong investor confidence. It signals a belief in Fasset's vision.
SBI Group led the Series C round. Other strategic investors participated. This strategic partnership is vital. SBI Group is a global financial services giant. Their involvement underscores Fasset's market potential.
Fasset transforms global finance. It offers an AI-powered stablecoin neobanking platform. This platform simplifies financial transactions. It builds a global financial system around asset ownership. Individuals, businesses, and institutions benefit. They can receive, hold, move, spend, and invest. All from a single financial account. This account spans various currencies, markets, and asset classes.
The core of Fasset's innovation is the Own Network. This proprietary financial infrastructure is expansive. It connects local banking systems. It integrates payment providers. Financial institutions are linked. Telcos, liquidity providers, and custody partners join. Settlement networks are also part of this ecosystem. The Own Network operates across more than 100 banking corridors. It provides seamless global connectivity.
Artificial intelligence drives Fasset's efficiency. Its AI systems optimize transaction routing. They consider payment rails, currencies, and settlement methods. Optimization focuses on cost, speed, and availability. This ensures efficient cross-border transfers. It makes stablecoin settlements rapid. It facilitates tokenized asset transactions.
The new funds fuel ambitious expansion plans. Fasset will grow its regulated financial network. It will invest more in agentic AI-enabled systems. These systems support corridor banking. They enhance stablecoin settlement. They strengthen tokenized asset infrastructure. Further development of the Own Network is a priority. Fasset aims to enter new markets. Specific launch timings and allocations are not yet public.
Fasset's operational scale is impressive. It processes over $40 billion in annualized transaction volume. Its platform serves more than 3 million wallets. It reaches users across 125 countries. The company operates through regulated entities and strategic partnerships. Its presence spans the GCC, Asia, Europe, and other international markets. Over 1,000 companies also use Fasset's services. This broad reach confirms its global impact.
Financial performance also validates Fasset's model. The company reported sixfold revenue growth last year. It maintained profitability for 12 consecutive months. These metrics highlight a sustainable business. They show strong market adoption.
SBI Group's involvement extends beyond investment. SBI Remit, an SBI Group service, already cooperates with Fasset. This service covers around 470,000 points. It supports bank transfers in approximately 200 countries. This existing synergy makes the Series C investment a natural progression.
SBI Group views stablecoin-based transfers and settlements strategically. They are key to its digital finance strategy. SBI Holdings' CEO Yoshitaka Kitao affirmed this. He cited plans to link Japan's settlement infrastructure. This linkage extends to markets in Asia, the Middle East, and Africa. Fasset is a crucial partner in this vision.
Fasset anticipates leveraging SBI Group's vast network. This includes partners and portfolio companies. Digital asset sector examples include Ripple, Circle, and Morpho. SBI also owns crypto liquidity provider B2C2. This network access will expand Fasset's payment corridors. It will strengthen its presence in Asia, the Middle East, and Africa.
The user experience remains streamlined. Fasset's platform keeps the complex infrastructure hidden. Users interact with a single financial account. The platform intelligently selects payment routes. It chooses liquidity providers. It determines settlement methods. Users do not need to configure individual services. This simplifies complex global finance.
Fasset's future trajectory is clear. It plans continued expansion of the Own Network. It will further develop its AI systems. It targets new country entries. This investment bolsters its position. It solidifies its role in the evolving digital economy. Fasset moves confidently towards its goal: make global finance accessible and efficient for everyone. Its innovative approach promises continued disruption and growth in the fintech landscape.
Fasset has reached a major milestone. The AI-powered stablecoin neobanking platform announced its Series C funding round. It secured $68 million. This investment pushed Fasset's valuation to $1 billion. Fasset is now a fintech unicorn.
This funding round marks significant growth. It follows Fasset's $51 million Series B earlier this year. The company has raised $119 million in 2026 alone. Its cumulative funding now exceeds $150 million. This capital infusion demonstrates strong investor confidence. It signals a belief in Fasset's vision.
SBI Group led the Series C round. Other strategic investors participated. This strategic partnership is vital. SBI Group is a global financial services giant. Their involvement underscores Fasset's market potential.
Fasset transforms global finance. It offers an AI-powered stablecoin neobanking platform. This platform simplifies financial transactions. It builds a global financial system around asset ownership. Individuals, businesses, and institutions benefit. They can receive, hold, move, spend, and invest. All from a single financial account. This account spans various currencies, markets, and asset classes.
The core of Fasset's innovation is the Own Network. This proprietary financial infrastructure is expansive. It connects local banking systems. It integrates payment providers. Financial institutions are linked. Telcos, liquidity providers, and custody partners join. Settlement networks are also part of this ecosystem. The Own Network operates across more than 100 banking corridors. It provides seamless global connectivity.
Artificial intelligence drives Fasset's efficiency. Its AI systems optimize transaction routing. They consider payment rails, currencies, and settlement methods. Optimization focuses on cost, speed, and availability. This ensures efficient cross-border transfers. It makes stablecoin settlements rapid. It facilitates tokenized asset transactions.
The new funds fuel ambitious expansion plans. Fasset will grow its regulated financial network. It will invest more in agentic AI-enabled systems. These systems support corridor banking. They enhance stablecoin settlement. They strengthen tokenized asset infrastructure. Further development of the Own Network is a priority. Fasset aims to enter new markets. Specific launch timings and allocations are not yet public.
Fasset's operational scale is impressive. It processes over $40 billion in annualized transaction volume. Its platform serves more than 3 million wallets. It reaches users across 125 countries. The company operates through regulated entities and strategic partnerships. Its presence spans the GCC, Asia, Europe, and other international markets. Over 1,000 companies also use Fasset's services. This broad reach confirms its global impact.
Financial performance also validates Fasset's model. The company reported sixfold revenue growth last year. It maintained profitability for 12 consecutive months. These metrics highlight a sustainable business. They show strong market adoption.
SBI Group's involvement extends beyond investment. SBI Remit, an SBI Group service, already cooperates with Fasset. This service covers around 470,000 points. It supports bank transfers in approximately 200 countries. This existing synergy makes the Series C investment a natural progression.
SBI Group views stablecoin-based transfers and settlements strategically. They are key to its digital finance strategy. SBI Holdings' CEO Yoshitaka Kitao affirmed this. He cited plans to link Japan's settlement infrastructure. This linkage extends to markets in Asia, the Middle East, and Africa. Fasset is a crucial partner in this vision.
Fasset anticipates leveraging SBI Group's vast network. This includes partners and portfolio companies. Digital asset sector examples include Ripple, Circle, and Morpho. SBI also owns crypto liquidity provider B2C2. This network access will expand Fasset's payment corridors. It will strengthen its presence in Asia, the Middle East, and Africa.
The user experience remains streamlined. Fasset's platform keeps the complex infrastructure hidden. Users interact with a single financial account. The platform intelligently selects payment routes. It chooses liquidity providers. It determines settlement methods. Users do not need to configure individual services. This simplifies complex global finance.
Fasset's future trajectory is clear. It plans continued expansion of the Own Network. It will further develop its AI systems. It targets new country entries. This investment bolsters its position. It solidifies its role in the evolving digital economy. Fasset moves confidently towards its goal: make global finance accessible and efficient for everyone. Its innovative approach promises continued disruption and growth in the fintech landscape.