Fasset Overview
- Year Founded
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2019
- Status
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Private
- Employees
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166
- Latest Deal Type
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Series C
- Latest Deal Amount
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$68M
- Investors
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17
Fasset General Information
Description
Operator of a stablecoin-powered banking application intended to facilitate global banking, investing and spending. The company's platform offers the ability to buy and sell digital assets such as cryptocurrencies and real-asset tokens using local currency, with a focus on building services for real use cases, enabling users in emerging markets to build riskless wealth.
Contact Information
Website
www.fasset.comCorporate Office
- Sheik Rashid Tower 13th Floor
- Dubai World Trade Centre
- Dubai United Arab Emirates
Corporate Office
- Sheik Rashid Tower 13th Floor
- Dubai World Trade Centre
- Dubai United Arab Emirates
Fasset Timeline
Fasset Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series C) | 24-Aug-2026 | $68M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series B) | 15-May-2026 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 04-Dec-2023 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 04-Nov-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 01-Oct-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 01-May-2021 | Completed | Generating Revenue | |||
| 1. Angel (individual) | Completed | Startup |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Fasset Signals
Fasset Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Speedinvest | Venture Capital | Minority | ||
| Arz Portfoy | Asset Manager | Minority | ||
| SBI Holdings | Holding Company | Minority | ||
| Gobi Partners | Venture Capital | Minority | ||
| Investcorp | PE/Buyout | Minority |
Fasset Investments & Acquisitions (2)
Fasset’s most recent deal was a Merger/Acquisition with DAO PropTech. The deal was made on 05-Nov-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| DAO PropTech | 05-Nov-2025 | Merger/Acquisition | Financial Software | ||
| ORO Labs (Financial Software) | 17-Mar-2025 | Seed Round | Other Financial Services |
Fasset Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| DAO PropTech | Islamabad, Pakistan | 2020 |
Fasset FAQs
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When was Fasset founded?
Fasset was founded in 2019.
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Where is Fasset headquartered?
Fasset is headquartered in Dubai, United Arab Emirates.
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What is the size of Fasset?
Fasset has 166 total employees.
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What industry is Fasset in?
Fasset’s primary industry is Other Financial Services.
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Is Fasset a private or public company?
Fasset is a Private company.
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What is the current valuation of Fasset?
The current valuation of Fasset is .
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What is Fasset’s current revenue?
The current revenue for Fasset is .
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How much funding has Fasset raised over time?
Fasset has raised $151M.
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Who are Fasset’s investors?
Speedinvest, Arz Portfoy, SBI Holdings, Gobi Partners, and Investcorp are 5 of 17 investors who have invested in Fasset.
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