When was Fasset founded?

Fasset was founded in 2019 and became a unicorn in 2026, reaching the milestone in 7 years. It raised its 1st funding round 2 years after its incorporation.

Where is Fasset located?

Fasset is headquartered in Dubai, United Arab Emirates. It is registered at PEAT HOUSE,1 WATERLOO WAY,LEICESTER,ENGLAND,LE1 6LP.

Who is the current CEO of Fasset?

Mohammad Raafi Hossain of Fasset. They have also founded 1 company.

How many employees does Fasset have?

As of Sep 30, 2026, the latest employee count at Fasset is 167.

Is Fasset a funded company?

Fasset is a funded company, having raised a total of $150M across 4 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on May 01, 2021.

How much is Fasset worth?

The latest valuation of Fasset is $1B as of Aug 25, 2026.

When was the latest funding round of Fasset?

Fasset's latest funding was a $68M Series C round on Aug 24, 2026, with participation from 2 investors. Its primary sector is Cryptocurrencies. In United Arab Emirates, the Cryptocurrencies sector has seen $130M in funding in 2026 to date.

What is the annual revenue of Fasset?

Annual revenue of Fasset is less than £1M as on Dec 31, 2024

Is Fasset a Cryptocurrencies company?

The primary sector of Fasset is Cryptocurrencies.

Where does Fasset rank among its competitors?

Fasset ranks 2nd amongst 144 active competitors, of which 42 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Fasset, which secured $68M in Aug, 2026.

Who are the top competitors of Fasset?

Fasset's top competitors include Brahma, Coin98 and Blueprint Finance. Among them, Fasset secured the most recent funding round in August, 2026.

Fasset - 2026 Company Profile, Team, Funding, Competitors & Financials

Sectors and market segments that Fasset operate in

Fasset serves in the FinTech, Blockchain Technology market segments.The primary business model of Fasset are:

Company Details

Blockchain-based platform to buy and sell crypto assets and tokens. Users are allowed to purchase cryptocurrencies and real-asset tokens with their local currency on the platform. Users need to verify their identity, choose a payment method, and start exploring and buying.

Website: fasset.io
Social
Email ID: *****@fasset.io
Registered Address: PEAT HOUSE,1 WATERLOO WAY,LEICESTER,ENGLAND,LE1 6LP

Key Metrics

Founded Year

2019

Location

Dubai, United Arab Emirates

Stage

Series C

Total Funding

$150M in 4 rounds

Latest Funding Round

Series C, Aug 24, 2026, $68M

Post Money Valuation

$1B as on Aug 25, 2026

Investors

Liberty City Ventures & 11 more

Ranked

2^nd among 144 active competitors

Annual Revenue

£0 - £1M as on Dec 31, 2024

Employee Count

167 as on Sep 30, 2026

Investment & Acquisitions

DAO PropTech

Similar Companies

Brahma & 153 more

View Fasset's full profile

Fasset is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FASSET LIMITED CIN: 5422389 , United Kingdom, Active	Apr 11, 2005	£0 - £1M (As on Dec 31, 2024)	95 (As on Jan 31, 2021)

Fasset has raised a total funding of $150M over 4 rounds. Its first funding round was on May 01, 2021. Its latest funding round was a Series C round on Aug 24, 2026 for $68M. 2 investors participated in its latest round. Fasset has 12 institutional investors.

Here is the list of recent funding rounds of Fasset:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 24, 2026	$68M	Series C	-	-	SBI Group	Speedinvest
May 14, 2026	$51M	Series B	-	-	-	SBI Group, Investcorp, Arz Portfolio
Apr 21, 2022	$22M	Series A	-	-	Liberty City Ventures, Fatima Gobi Ventures	Soma Capital, MyAsiaVc

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View details of Fasset's funding rounds and investors

The founders of Fasset are Mohammad Raafi Hossain and Daniel Ahmed. Mohammad Raafi Hossain is the CEO of Fasset.

Here are the details of Fasset's key team members:

Mohammad Raafi Hossain: Co-Founder & CEO of Fasset.
Contact Info: 1 email address
Daniel Ahmed: Co-Founder & COO of Fasset.
Contact Info: 1 email address

View details of Fasset's Founder profiles and Board Members

Fasset's employee count trend

Fasset has 167 employees as of Sep 26. Here is Fasset's employee count trend over the years:

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Top competitors of Fasset include Brahma, Coin98 and Blueprint Finance. Here is the list of Top 10 competitors of Fasset, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brahma 2021, Delhi (India), Acquired	Blockchain-based network for Defi applications in the finance industry	$6.71M	Framework Ventures, Greenfield Capital & 13 others	71/100
2nd	Fasset 2019, Dubai (United Arab Emirates), Series C	Blockchain-based platform to buy and sell crypto assets and tokens	$150M	SBI Group, Speedinvest & 10 others	66/100
3rd	Coin98 2017, Ho Chi Minh City (Vietnam), Seed	Diversified solution for cryptocurrency	-	Bee Blockchain Venture Capital Fund, YZi Labs ... & 1 others	61/100
4th	Blueprint Finance 2022, San Francisco (United States), Series A	Provider of financial services and wealth management solutions	$17M	Polychain, Tribe Capital & 16 others	61/100
5th	Eco 2018, San Francisco (United States), Series B	Decentralized cryptocurrency for financial transactions	$35M	a16zcrypto, Activant Capital & 24 others	56/100
6th	Impossible Finance 2021, Singapore (Singapore), Series A	DeFi platform for providing decentralized financial products	$7M	Ternary, CMS Holdings & 32 others	52/100
7th	Falcon 2024, Wilmington (United States), Series A	Developer of a protocol for minting and staking synthetic dollars	$10M	M2 Bespoke, Cypher Capital & 1 others	52/100
8th	Aligned 2021, Puerto Rico (Argentina), Series C	Blockchain-based infrastructure for the DeFi industry	$34M	GSR Ventures, Altium Capital Management & 4 others	51/100
9th	Accountable 2024, Road Town (British Virgin Islands), Seed	Provider of decentrailzed lending and borrowing	$10M	Pantera Capital, Zee Prime Capital & 7 others	50/100
10th	Margarita Finance 2024, Zurich (Switzerland), Seed	Provider of decentralized finance platform	$1M	Outrun Ventures, Tomahawk VC & 2 others	50/100