Fasset: Funding, Investors & Team (Oct 2026)
Fasset is the fastest-growing stablecoin neobank, for customers who live and work across borders. Powered by a regulated stablecoin infrastructure that enables near-instant, cross-border settlement, Fasset unlocks everyday banking and investment at blockchain speed.
Fasset has raised $119M across 2 funding rounds on record, the most recent a Series C of $68.0M announced in Aug 2026.
That round is above the $6.6M median round size for Blockchain and Cryptocurrency companies tracked on FundedIQ over the last two years.
Fasset Company Profile and Key Stats
Latest funding round on record: Aug 2026.
Fasset Funding Rounds
Fasset raised $51.0M in a Series B announced in May 2026.
3 months later, a Series C of $68.0M was announced in Aug 2026.
Fasset Investors
17 investors are recorded in total; the 5 named above are those the record identifies.
Fasset Founders and Leadership Team
Contact details for the Fasset team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.
Start 14-day free trial →Fasset Funding Compared to Other Blockchain and Cryptocurrency Startups
Fasset's latest round of $68.0M is above the median round in Blockchain and Cryptocurrency. Medians cover the last 24 months of disclosed rounds.
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Fasset Funding FAQs
What does Fasset do?
Fasset is the fastest-growing stablecoin neobank, for customers who live and work across borders. Powered by a regulated stablecoin infrastructure that enables near-instant, cross-border settlement, Fasset unlocks everyday banking and investment at blockchain speed.
How much funding has Fasset raised?
Fasset has raised $119M across 2 rounds on record. The most recent is a Series C of $68.0M announced in Aug 2026.
When did Fasset last raise funding?
Fasset's most recent funding round on record is a Series C of $68.0M, announced in Aug 2026.
Who has invested in Fasset?
Investors on record for Fasset include Investcorp, Speedinvest, Soma Capital, Formus Capital, Liberty City Ventures. FundedIQ records 17 investors in total.
Who founded Fasset?
FundedIQ lists Mohammad Raafi (Founder) at Fasset.
Who is the CEO of Fasset?
Ashley Morwitzer is listed as Chief CEO at Fasset.
Where is Fasset headquartered?
Fasset is based in Dubai, Dubai, United Arab Emirates.
How many employees does Fasset have?
Fasset is in the 101-250 employee band.
When was Fasset founded?
Fasset was founded in 2019.
How does Fasset's funding compare to other Blockchain and Cryptocurrency startups?
Fasset's latest round of $68.0M is above the $6.6M median round size for Blockchain and Cryptocurrency companies on FundedIQ across 659 tracked companies over the last two years.
About FundedIQ's Fasset Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fasset is left off this page rather than filled in.
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