Fasset

Active#5 in United Arab Emirates

Operates a regulated digital asset and stablecoin-based banking platform offering Sharia-compliant investing, wallets and payment rails to retail users and businesses in emerging markets.

Fintech›stablecoin banking & digital assets fasset.com

Founded2019

HQDubai

RaisedUSD 150M+

Last roundSeries C · Aug 2026

LicenceOver 3 million wallets and 1,000+ enterprise clients in 125 countries; licences in the UAE, Indonesia, EU, Türkiye, Pakistan, Malaysia (Labuan sandbox)

Country of originUnited Arab EmiratesListed in the United Arab Emirates ranking

Where would you invest?United Arab EmiratesJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
UAE · all sectors	Top 20	#5	Edition 0 · October 2026	13 Oct 2026

Rank historyOct 2026 · #5First edition: no movements yet.

Estimated valuation

AI · UAE ranking

≈ USD 1bnUSD 800M–1.2bn · Unicorn

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series C · USD 68M · Aug 2026
Published valuation: USD 1bn · Aug 2026
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD 150M+ raised in total

Date	Round	Amount	Type	Investors
Aug 2026	Series C	USD 68M	Equity	SBI Group, Speedinvest

Aug 2026 , at a reported USD 1bn.

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

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AI valuation: $1BUndervalued or overvalued?

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Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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What the AI reads

Read by the AI at the next edition.

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Investors in Fasset: SBI Group · Speedinvest

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.