Fasset FZE
Latest round
- Series C
Last raised
- Aug 2026
Total raised
- $119M
Investors
- 4
About Fasset FZE
Based in the UAE, Fasset FZE specializes in integrating traditional banking with digital asset management, offering innovative financial solutions for global transactions and investments. Fasset FZE, founded in 2019, operates out of Dubai, United Arab Emirates. It was co-founded by Mohammad Hossain (CEO) and Daniel Ahmed (COO). The company provides a platform that merges conventional banking with digital asset management. Fasset offers a suite of financial products and services that integrate traditional banking with digital asset management. Their core offering includes a USD bank account, allowing users to deposit USD, USDC/T, or cryptocurrency, facilitating seamless cross-border transactions and everyday spending via a globally accepted payment card. Additionally, Fasset provides access to investment opportunities in various asset classes including cryptocurrencies, stocks, metals, bonds, and commodities, aimed at unlocking wealth through global assets. Their services cater to a diverse client base of over two million professionals and business owners across more than 125 countries, ensuring compliance with regulatory standards to foster trust in financial transactions. Fasset generates revenue through various transactional structures, focusing on direct-to-consumer services. Clients create USD accounts, deposit funds, and engage in investment activities, with revenue derived from transaction fees. Users can invest across multiple asset classes and earn interest on deposits, contributing to the firm’s overall revenue. Fasset's offerings include services designed to promote asset growth, allowing users to earn up to 10% annually on deposits.
Who invested in Fasset FZE
4 investors across 2 rounds
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Questions about Fasset FZE
Who invested in Fasset FZE?
Fasset FZE has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fasset FZE raised?
Fasset FZE has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Fasset FZE last raise money?
Fasset FZE's most recent round on record is a Series C, in Aug 2026.
What does Fasset FZE do?
Based in the UAE, Fasset FZE specializes in integrating traditional banking with digital asset management, offering innovative financial solutions for global transactions and investments.
Where is Fasset FZE headquartered?
Fasset FZE is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like Fasset FZE?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Fasset FZE's stage. Their profiles are linked below.
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