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Islamic Finance

Fasset raises $68 million in Series C funding to scale neobanking


Neobanking platform Fasset raised $68 million in Series C funding to continue to develop as an AI-powered platform and expand its financial network. 

The financing, raised at a company valuation of $1 billion, was led by Japanese financial services company, SBI Group, and comes only months after its $51 million Series B round.

Fasset has raised more than $150 million in funding so far, of which $119 million was raised this year. 

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