Fasset, the stablecoin neobanking platform, just landed $68M in Series C funding led by Japan’s SBI Group—valuing the company at $1B and bringing its 2024 total funding to $119M. SBI plans to deepen its stake, turning Fasset into an affiliate to jointly launch a digital bank in Malaysia and expand stablecoin payments. The cash will fuel Fasset’s “Own Network” infrastructure, connecting over 100 banking routes, and power AI-driven stablecoin settlements and cross-border banking. This strategic alliance signals a major expansion into new markets, showcasing strong investor confidence in the future of digital finance.
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