# Fasset FZE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fasset-fze

- Industry: Financial Services
- Headquarters: Dubai, United Arab Emirates
- Website: www.fasset.com
- Total disclosed funding: $119M
- Latest round: Series C (Aug 24, 2026)
- Investors on record: 4

## About

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. In August 2026, Fasset FZE raised USD 68 million in series C funding led by SBI Holdings, with participation from Speedinvest. 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. The company will use the August 2026 funding to expand Own Network and increase investment in artificial intelligence systems for stablecoin settlement, tokenization, and cross-border banking.

## Funding rounds

- Series C, Aug 24, 2026, $68M — SBI Holdings, Speedinvest
- Series B, May 14, 2026, $51M — Investcorp, Speedinvest, Arz Portfolio

## Investors

- Investcorp — Series B
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series B, Series C
- Arz Portfolio (https://capitalatlas.ai/funds/arz-portfolio) — Series B
- SBI Holdings — Series C