Fasset Hits $1 Billion Valuation After $68 Million Series C Led by SBI Group

UAE-based stablecoin neobank Fasset has reached a $1 billion valuation following a $68 million Series C led by SBI Group, marking a notable unicorn milestone in the Africa-adjacent digital finance space. The raise is being tracked for its relevance as stablecoin neobanking competition intensifies in African and emerging markets.