LA-based Fasset, which offers stablecoin-powered banking and cross-border payments services across Asia, Africa, and the Middle East, raised a $51M Series B (Krisztian Sandor/CoinDesk)

<a href="https://www.coindesk.com/business/2026/05/14/stablecoin-powered-neobank-fasset-raises-usd51-million-to-expand-across-emerging-markets"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260516/i3.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260516/p3#a260516p3" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Krisztian Sandor / <a href="http://www.coindesk.com/">CoinDesk</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.coindesk.com/business/2026/05/14/stablecoin-powered-neobank-fasset-raises-usd51-million-to-expand-across-emerging-markets">LA-based Fasset, which offers stablecoin-powered banking and cross-border payments services across Asia, Africa, and the Middle East, raised a $51M Series B</a></b></span>&nbsp; &mdash;&nbsp; The Shariah-compliant digital bank is part of a growing wave of fintech startups building banking and payments services on top of blockchain and stablecoin rails.</p>