Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets
Fasset, a stablecoin-powered neobank, raised $51 million in Series B funding from SBI Group, Investcorp, and Arz Portföy to expand across emerging markets. The LA-based platform processes over $32 billion annually across 125 countries, using stablecoins for faster cross-border payments. Fasset plans to launch lending products and grow infrastructure as stablecoins gain adoption for remittances and commerce.
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