{
  "id": 3008239,
  "title": "Fasset hits $1 billion valuation after $68 million Series C",
  "url": "https://urgent.news/2026/08/24/fasset-hits-1-billion-valuation-after-68-million-series-c",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T09:36:16.000Z",
  "source": {
    "name": "Wamda",
    "slug": "wamda",
    "url": "http://wamda.com/2026/08/fasset-hits-1-billion-valuation-68-million-series-c"
  },
  "original_language": "en",
  "account": null,
  "summary": "UAE-based fintech Fasset has raised $68 million in a Series C round led by Japan’s SBI Group and joined by Speedinvest, valuing the company at $1 billion and marking its entry into unicorn status. Founded in 2019 by Mohammad Raafi Hossain and Daniel Ahmed, Fasset operates an AI-powered stablecoin neobanking platform that enables individuals, businesses and institutions to receive, hold, transfer,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Block",
        "title": "Fasset reaches unicorn status after $68 million raise led by SBI Group",
        "url": "https://urgent.news/2026/08/24/fasset-reaches-unicorn-status-after-68-million-raise-led-by-sbi-group",
        "published": "2026-08-24T07:56:44.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Fasset secures unicorn status with $68mn Series C funding",
        "url": "https://urgent.news/2026/08/24/fasset-secures-unicorn-status-with-68mn-series-c-funding",
        "published": "2026-08-24T12:04:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}