Fasset - About the company
Fasset is a series C company based in Dubai (United Arab Emirates), founded in 2019 by Mohammad Raafi Hossain and Daniel Ahmed. It operates as a Blockchain-based platform to buy and sell crypto assets and tokens. Fasset has raised $150M in funding from Liberty City Ventures and Fatima Gobi Ventures, with a current valuation of $1B. The company has 143 active competitors, including 41 funded and 6 that have exited. Its top competitors include companies like Brahma, Coin98 and Blueprint Finance.
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
- 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
Post Money Valuation
$1B as on Aug 25, 2026
Investors
Ranked
1st among 143 active competitors
Employee Count
159 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with Fasset
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 | - | 95 (As on Jan 31, 2021) |
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Fasset's funding and investors
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 11 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 | - | - | ||
May 14, 2026 | $51M | Series B | - | - | - | |
Apr 21, 2022 | $22M | Series A | - | - |
View details of Fasset's funding rounds and investors
Fasset's founders and board of directors
Founder? Claim ProfileThe 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 159 employees as of Jul 26. Here is Fasset's employee count trend over the years:
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Fasset's Competitors and alternates
Top competitors of Fasset include Brahma, Coin98 and Blueprint Finance. Here is the list of Top 10 competitors of Fasset, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Fasset 2019, Dubai (United Arab Emirates), Series C | Blockchain-based platform to buy and sell crypto assets and tokens | $150M | 73/100 | |
2nd | Blockchain-based network for Defi applications in the finance industry | $6.71M | 71/100 | ||
3rd | Diversified solution for cryptocurrency | - | 61/100 | ||
4th | Blueprint Finance 2022, San Francisco (United States), Series A | Provider of financial services and wealth management solutions | $17M | 60/100 | |
5th | Eco 2018, San Francisco (United States), Series B | Decentralized cryptocurrency for financial transactions | $35M | 54/100 | |
6th | Falcon 2024, Wilmington (United States), Series A | Developer of a protocol for minting and staking synthetic dollars | $10M | 52/100 | |
7th | Impossible Finance 2021, Singapore (Singapore), Series A | DeFi platform for providing decentralized financial products | $7M | 52/100 | |
8th | Margarita Finance 2024, Zurich (Switzerland), Seed | Provider of decentralized finance platform | $1M | 50/100 | |
9th | Peer 2013, Seoul (South Korea), Acquired | Blockchain network for finance | $3M | 49/100 | |
10th | Accountable 2024, Road Town (British Virgin Islands), Seed | Provider of decentrailzed lending and borrowing | $10M | 48/100 |
Looking for more details on Fasset's competitors? Click here to see the top ones
Fasset's Investments and acquisitions
Fasset has acquired DAO PropTech. Fasset has not made any investments as of now.Reports related to Fasset
Here is the latest report on Fasset's sector:
News related to Fasset
Media has covered Fasset for a total of 11 events in the last 1 year, 3 of them have been about company updates and 3 about partnerships.
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Fintech News Fasset Introduces Stablecoin-Powered Financial System to Expand Global USD Access Across Emerging MarketsGlobal Fintech Series•Apr 27, 2026•Fasset
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Fasset discusses stablecoins and tokenisation shaping Islamic digital financeTahawulTech.com•Mar 09, 2026•Fasset
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Skyro UAE and Fasset Partner to Enhance Digital Finance in GCC at GITEX 2025Newsofbahrain•Oct 21, 2025•Skyro, Fasset
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Sooho.io and Orochi Network Sign Strategic PartnershipKorea Newswire•Oct 21, 2025•Orochi Network, Fasset
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Kineco Group Acquires TRB Lightweight Structures in UK ExpansionGlobal Legal Chronicle•Oct 07, 2025•TRB Lightweight Structures, Fasset
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Fasset Secures Malaysia License for Stablecoin-Based Islamic Digital BankCoinDesk•Oct 07, 2025•Fasset
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