Fintech firm Fasset has officially entered the ranks of billion-dollar startups after securing $68 million in a Series C funding round led by Japan’s SBI Group. This significant capital injection brings the company’s total funding for 2026 to $119 million, cementing its position as a key player in the UAE’s burgeoning tech ecosystem. With an annualized transaction volume already exceeding $40 billion across 125 countries, the company is now set to scale its proprietary "Own Network," which bridges the gap between traditional banking infrastructure, telecom providers, and digital liquidity pools.

Beyond mere expansion, Fasset intends to dedicate a portion of these funds to advancing its agentic AI systems. These tools are designed to optimize how money moves across international borders by autonomously selecting the most efficient, cost-effective routes for stablecoin settlements. This strategic pivot toward AI-driven infrastructure, combined with a powerful partnership with SBI Holdings, aims to create a seamless financial corridor connecting Asia-Pacific markets with the Middle East and Africa, effectively positioning Fasset as a vital link in the future of global digital remittances.