Stablecoin-powered neobank Fasset raises $51M to expand Shariah-compliant banking and crypto payments services across emerging markets

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$7B annualized volume and 2M users across 125 countries puts Fasset closer to a stablecoin remittance/acquiring stack than a CT-facing RWA app. The underpriced angle is the Shariah wrapper: Malaysia sandbox approval, Ajman Bank tokenized-asset work, and Tether’s XAUt/Visa card all route trust into the same rails. Execution risk is off-ramp density and licensing fragmentation, because the chain leg is the easy part now.

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Stablecoin-powered neobank Fasset raises $51M to expand Shariah-compliant banking and crypto payments services across emerging markets

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Stablecoin-powered neobank Fasset raises $51M to expand Shariah-compliant banking and crypto payments services across emerging markets

More coverage

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More on Raises

Path Robotics raises $300M Series E at $2.45B valuation to expand AI welding tech

Deca Labs raises $12M from Polychain, Pantera and Accel to build agent-led software commercialization network

Alta raises $80M, including Series A led by Index Ventures, to build privacy-focused blockchain for banks

Forward raises $1.5M from Y Combinator and Airtree to connect private credit funds with debt advisors

Marble raises $11M seed led by Polychain for frontier market trading and AI compute credit

Atomarine raises $19M seed round for nuclear-powered floating data centers

Path Robotics raises $300M Series E at $2.45B valuation to expand AI welding tech

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Alta raises $80M, including Series A led by Index Ventures, to build privacy-focused blockchain for banks

Forward raises $1.5M from Y Combinator and Airtree to connect private credit funds with debt advisors

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Total stats

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More on Raises

Path Robotics raises $300M Series E at $2.45B valuation to expand AI welding tech

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Alta raises $80M, including Series A led by Index Ventures, to build privacy-focused blockchain for banks

Forward raises $1.5M from Y Combinator and Airtree to connect private credit funds with debt advisors

Marble raises $11M seed led by Polychain for frontier market trading and AI compute credit

Atomarine raises $19M seed round for nuclear-powered floating data centers

Path Robotics raises $300M Series E at $2.45B valuation to expand AI welding tech

Deca Labs raises $12M from Polychain, Pantera and Accel to build agent-led software commercialization network

Alta raises $80M, including Series A led by Index Ventures, to build privacy-focused blockchain for banks

Forward raises $1.5M from Y Combinator and Airtree to connect private credit funds with debt advisors

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