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Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push

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Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push

The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.

Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push

Source：CoinDesk

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Source：https://www.coindesk.com/business/2026/08/22/stablecoin-neobank-fasset-lands-usd1-billion-valuation-as-sbi-backs-its-payments-push