When was Fasset founded?

Fasset was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Fasset located?

Fasset is headquartered in Dubai, United Arab Emirates. It is registered at PEAT HOUSE,1 WATERLOO WAY,LEICESTER,ENGLAND,LE1 6LP.

Who is the current CEO of Fasset?

Mohammad Raafi Hossain of Fasset. They have also founded 1 company.

How many employees does Fasset have?

As of May 31, 2026, the latest employee count at Fasset is 149.

Is Fasset a funded company?

Fasset is a funded company, having raised a total of $73M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 01, 2021.

When was the latest funding round of Fasset?

Fasset's latest funding was a $***** Series B round on May 14, 2026, with participation from 3 investors.

Where does Fasset rank among its competitors?

Fasset ranks 1st amongst 141 active competitors, of which 40 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Fasset, which secured $51M in May, 2026.

Who are the top competitors of Fasset?

Fasset's top competitors include Brahma, Coin98 and Blueprint Finance. Among them, Fasset secured the most recent funding round in May, 2026.

Fasset - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Blockchain-based platform to buy and sell crypto assets and tokens. Users are allowed to purchase cryptocurrencies and real-asset tokens with their local currency on the platform. Users need to verify their identity, choose a payment method, and start exploring and buying.

Website: fasset.io
Social
Email ID: *****@fasset.io
Registered Address: PEAT HOUSE,1 WATERLOO WAY,LEICESTER,ENGLAND,LE1 6LP

Key Metrics

Founded Year

2019

Location

Dubai, United Arab Emirates

Stage

Series B

Total Funding

$73M in 3 rounds

Latest Funding Round

Series B, May 14, 2026, $*****

Investors

Liberty City Ventures & 10 more

Ranked

1^st among 141 active competitors

Employee Count

149 as on May 31, 2026

Investment & Acquisitions

DAO PropTech

Similar Companies

Brahma & 150 more

View Fasset's full profile

Fasset is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FASSET LIMITED CIN: 5422389 , United Kingdom, Active	Apr 11, 2005	-	95 (As on Jan 31, 2021)

Fasset has raised a total funding of $73M over 3 rounds. Its first funding round was on May 01, 2021. Its latest funding round was a Series B round on May 14, 2026 for $*****. 3 investors participated in its latest round. Fasset has 11 institutional investors.

Here is the list of recent funding rounds of Fasset:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 14, 2026	8954295	Series B	7268455	7897334	9221513	1851321
Apr 21, 2022	7019428	Series A	3804430	8284888	6128074	Soma Capital & 1 more
May 01, 2021	8524311	Seed	7072488	8772261	8556468	Ceras Ventures

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View details of Fasset's funding rounds and investors

The founders of Fasset are Mohammad Raafi Hossain and Daniel Ahmed. Mohammad Raafi Hossain is the CEO of Fasset.

Here are the details of Fasset's key team members:

Mohammad Raafi Hossain: Co-Founder & CEO of Fasset.
Daniel Ahmed: Co-Founder & COO of Fasset.

View details of Fasset's Founder profiles and Board Members

Fasset's employee count trend

Fasset has 149 employees as of May 26. Here is Fasset's employee count trend over the years:

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Top competitors of Fasset include Brahma, Coin98 and Blueprint Finance. Here is the list of Top 10 competitors of Fasset, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fasset 2019, Dubai (United Arab Emirates), Series B	Blockchain-based platform to buy and sell crypto assets and tokens	$73M	SBI Group, Liberty City Ventures & 9 others	71/100
2nd	Brahma 2021, Delhi (India), Acquired	Blockchain-based network for Defi applications in the finance industry	$6.71M	Framework Ventures, Greenfield Capital & 13 others	70/100
3rd	Coin98 2017, Ho Chi Minh City (Vietnam), Seed	Diversified solution for cryptocurrency	-	Bee Blockchain Venture Capital Fund, YZi Labs ... & 1 others	61/100
4th	Blueprint Finance 2022, San Francisco (United States), Series A	Provider of financial services and wealth management solutions	$17M	Polychain, Tribe Capital & 8 others	60/100
5th	Margarita Finance 2024, Zurich (Switzerland), Seed	Provider of decentralized finance platform	$1M	Outrun Ventures, Tomahawk VC & 2 others	53/100
6th	Falcon 2024, Wilmington (United States), Series A	Developer of a protocol for minting and staking synthetic dollars	$10M	M2 Bespoke, Cypher Capital & 1 others	53/100
7th	Impossible Finance 2021, Singapore (Singapore), Series A	DeFi platform for providing decentralized financial products	$7M	Ternary, True Ventures & 32 others	52/100
8th	Aligned 2021, Puerto Rico (Argentina), Series C	Blockchain-based infrastructure for the DeFi industry	$34M	GSR Ventures, Altium Capital Management & 4 others	51/100
9th	Accountable 2024, Road Town (British Virgin Islands), Seed	Provider of decentrailzed lending and borrowing	$10M	Pantera Capital, Zee Prime Capital & 6 others	48/100
10th	DeFi 2020, Dubai (United Arab Emirates), Funding Raised	Digital asset investment management platform	-	Contango, BlocTech Investment Group & 13 others	47/100