Fasset raises $51M Series B from SBI and Investcorp to scale stablecoin rails across emerging markets

Fasset raised a $51 million Series B with participation from SBI Group, Investcorp, Arz Portfoy and other partners. The capital goes into Fasset's Own Network, an AI-enabled infrastructure layer connecting banks, payment companies, telcos, on/off-ramp partners and financial institutions across the Morocco-to-Malaysia corridor. The bet is that stablecoins and tokenized RWAs become everyday rails for saving, payments and cross-border value transfer in markets where traditional finance still moves too slowly.

TLDR by @Benthic

More coverage

• Fasset raises $51m for stablecoin-powered digital banking (finextra.com)
• Stablecoin neobank Fasset raises $51m Series B - FinTech Futures (fintechfutures.com)
• Bangladeshi-born founder's startup raises $51 million in series B (thedailystar.net)

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