# Fasset valuation and funding expansion

> Live situation record from CLSTR: https://clstr.news/situations/fasset-valuation-and-funding-expansion
> Updated: 2026-08-24T05:04:22.000Z. Sources: 14. Developments: 2.

Fasset, a neobanking platform focused on stablecoins, has achieved a valuation of $1 billion after securing $68 million in Series C funding. The investment round was led by Japan’s SBI Group.

Fasset reports an annualized transaction volume exceeding $40 billion across 125 countries and has maintained profitability for 12 consecutive months. The company intends to use the new capital to expand its regulated Ethereum Layer-2 infrastructure, Own Network, and to increase investment in AI-enabled systems for tokenization and cross-border banking.

Through this funding, SBI Group aims to increase its stake in Fasset. The two organizations are also exploring the joint operation of a digital bank in Malaysia and collaboration on international remittance infrastructure via SBI Remit.

## Timeline

### 2026-08-24: Enter and Fasset achieve unicorn status through new funding

Enter, a Brazilian legal AI startup, and Fasset, a stablecoin-based neobank, have both reached unicorn valuations following significant new investment rounds.

2 sources. https://clstr.news/cluster/enter-and-fasset-achieve-unicorn-status-through-new-funding

### 2026-08-24: Fasset reaches $1B valuation following $68M Series C led by SBI Group

Stablecoin neobank Fasset has reached a $1 billion valuation after raising $68 million in a Series C round led by Japan’s SBI Group to expand its global payment infrastructure.

12 sources. https://clstr.news/cluster/fasset-valuation-hits-1-billion-following-sbi-led-funding

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Cite as: Fasset valuation and funding expansion. CLSTR, https://clstr.news/situations/fasset-valuation-and-funding-expansion