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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
Social
XFacebook
Email ID
*****@fasset.io
Registered Address
PEAT HOUSE,1 WATERLOO WAY,LEICESTER,ENGLAND,LE1 6LP
Key Metrics
Founded Year
2019
Location
Stage
Series C
Total Funding
$150M in 4 rounds
Latest Funding Round
Post Money Valuation
$1B as on Aug 25, 2026
Ranked
Employee Count
159 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter this list
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
-
-
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Fasset's founders and board of directors

Founder? Claim Profile
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:

Fasset's employee count trend

Fasset has 159 employees as of Jul 26. Here is Fasset's employee count trend over the years:
Employee count trend for Fasset
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fasset
Fasset
2019, Dubai (United Arab Emirates), Series C
Blockchain-based platform to buy and sell crypto assets and tokens
$150M
73/100
2nd
Logo for Brahma
Brahma
2021, Delhi (India), Acquired
Blockchain-based network for Defi applications in the finance industry
$6.71M
71/100
3rd
Logo for Coin98
Coin98
2017, Ho Chi Minh City (Vietnam), Seed
Diversified solution for cryptocurrency
-
61/100
4th
Logo for Blueprint Finance
Blueprint Finance
2022, San Francisco (United States), Series A
Provider of financial services and wealth management solutions
$17M
60/100
5th
Logo for Eco
Eco
2018, San Francisco (United States), Series B
Decentralized cryptocurrency for financial transactions
$35M
54/100
6th
Logo for Falcon
Falcon
2024, Wilmington (United States), Series A
Developer of a protocol for minting and staking synthetic dollars
$10M
52/100
7th
Logo for Impossible Finance
Impossible Finance
2021, Singapore (Singapore), Series A
DeFi platform for providing decentralized financial products
$7M
52/100
8th
Logo for Margarita Finance
Margarita Finance
2024, Zurich (Switzerland), Seed
Provider of decentralized finance platform
$1M
50/100
9th
Logo for Peer
Peer
2013, Seoul (South Korea), Acquired
Blockchain network for finance
$3M
49/100
10th
Logo for Accountable
Accountable
2024, Road Town (British Virgin Islands), Seed
Provider of decentrailzed lending and borrowing
$10M
48/100
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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

lockFilter this list
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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