Fasset raised $26.7 million in a pre-Series B funding round to democratize access to digital assets and expand operations in the UAE and beyond.
Amount Raised
$26.7 Million
Round Type
Series B
DubaiFinancial ServicesFinanceFintechBlockchainDescription
Fasset, a pre-Series B fintech startup, has raised a total of $26.7 million in funding. The company became one of the first to be granted a Virtual Asset Service Provider (VASP) license by the Virtual Assets Regulatory Authority (VARA) in Dubai, UAE in November 2023. The company's app, offering access to broker-dealer services for digital assets, is now live in the UAE.
Quick answer
Fasset raised $26.7 Million in a Series B round, dated March 28, 2024. Fasset is based in Dubai, Dubai, United Arab Emirates.
- How much did Fasset raise?
- Fasset raised $26.7 Million in a Series B round on March 28, 2024.
- What does Fasset do?
- Fasset is a fintech startup that aims to democratize access to digital assets for beginners as well as experienced investors.
- Where is Fasset based and how big is it?
- Fasset is based in Dubai, Dubai, United Arab Emirates. Fundz records about 114 employees.
- Who are the decision-makers at Fasset?
- Fundz holds 5 contacts at Fasset, including the Co-Founder and CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Fasset that raised within 45 days of this round, from Fundz verified event records.
- USBC raised $12M (Funding Round) on February 29, 2024.
- Architect raised $12M on February 14, 2024.
- Panax raised $15M (Funding Round) on May 8, 2024.
- Firenze raised $979K (Pre-Seed) on May 2, 2024.
- Battle Financial raised $37M (Seed) on May 1, 2024.
- Streamex Corp. raised $1.1M (Seed) on May 1, 2024.
Who to call at Fasset, and when
A new round usually means Fasset is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fasset raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fasset, from your own LinkedIn network
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Funding Insights
What this usually meansFasset raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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