Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets
CoinDesk·
60-second summary
Fasset, a Shariah-compliant digital bank, raises $51 million to expand across emerging markets, leveraging stablecoin-powered rails. This fintech startup is part of a growing wave of companies building banking and payments services on blockchain and stablecoin infrastructure. The investment will fuel Fasset's expansion, tapping into underserved markets with innovative, Shariah-compliant financial services.
The Shariah-compliant digital bank is part of a growing wave of fintech startups building banking and payments services on top of blockchain and stablecoin rails.