Fasset has secured $51 million in a Series B funding round backed by SBI Group, Investcorp, Arz Portföy, and other strategic investors. The company said the fresh capital will be used to expand its “Own Network,” an AI-powered financial infrastructure platform connecting banks, payment providers, telecom operators, and financial institutions across emerging markets stretching from Morocco to Malaysia.
The company explained that it has spent the past several years developing financial infrastructure for underserved regions, responding to growing demand from users in more than 125 countries. Fasset noted that many freelancers, entrepreneurs, families, and small businesses in emerging markets still struggle to access dependable financial services due to economic and geographic barriers.
According to Fasset, the new funding will accelerate the growth of cross-border financial connectivity and ownership infrastructure, while supporting wider adoption of stablecoins and tokenized real-world assets in everyday financial transactions. The company said its network aims to make moving money and value across borders more seamless and accessible.
Fasset also shared its belief that the future of finance will be increasingly interconnected, enabling people in emerging markets to use global financial tools as easily as users in established hubs like New York and Singapore.
The company emphasized that its long-term mission is to expand financial access and economic participation by improving opportunities for savings, investment, and ownership among underserved communities worldwide.