Fasset
Fasset is a fintech / stablecoin banking company based in Dubai, United Arab Emirates, founded in 2019. Stablecoin-powered neobank with USD accounts and investing. It was valued at $1bn on 23 August 2026 (Series C funding round ($68m)), which makes it a unicorn in the 311 Unicorn Index.
Part of the 311 Unicorn Index (311institute.com). Last updated .
Source: Company announcement (Business Wire)
About Fasset
Stablecoin-powered neobank with USD accounts and investing. Lead investors in its latest round: SBI Group. Website: fasset.com.
How this figure is calculated
The valuation set by the latest priced funding round or company-run share sale, as announced by the company or its lead investor, or reported by a major news organisation. Figures in other currencies are converted at the rate on the day of the round. Talks that have been reported but not closed do not count.
Related
- Innovation profile of Dubai
- United Arab Emirates: economy and key statistics
- The 311 Unicorn Index
- Global Startups Directory
- Global Investors Directory
- All 311 Indexes
Other unicorns in United Arab Emirates
Questions and answers
How much is Fasset worth?
Fasset was valued at $1bn on 23 August 2026 (Series C funding round ($68m)), according to the 311 Unicorn Index.
Where is Fasset based?
Fasset is headquartered in Dubai, United Arab Emirates.
When was Fasset founded?
Fasset was founded in 2019.
What does Fasset do?
Stablecoin-powered neobank with USD accounts and investing.
Is Fasset a unicorn?
Yes. Fasset is a privately held company valued at $1 billion or more, so it is a unicorn in the 311 Unicorn Index.
© 311 Institute 2026. Facts from the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.