Fasset closed a $51M Series B in May 2026, with investors including SBI Group, Investcorp and Arz Portföy, according to ProPakistani. The same report says the funds are for more banking licences and its own payments network.
Fasset has partnered with Tether on a gold-backed card. Its fees and KYC requirements for Pakistani users still need verification.
ProPakistani also reports Fasset's own figures: over US$32B in annualized transaction volume, more than 2 million wallets across 125 countries and over 1,000 SME clients. These are company-reported numbers that we have not checked independently.