Fasset Company Market Research Report
Company Overview
Name: Fasset
Mission of the Company:
Fasset aims to transform the financial landscape by creating an all-in-one financial super app that allows people and businesses to securely invest, earn, and make payments globally. The company focuses on inclusivity, ethical wealth creation, and empowering underserved communities.
Founded and Founders:
Fasset was founded by a group of passionate technologists and engineers with a Western outlook and Eastern values.
Key People:
- Mohammad Raafi Hossain: CEO of Fasset
Headquarters:
Fasset is dual-headquartered in Indonesia and Dubai.
Number of Employees:
No information is available.
Revenue of the Company:
No information is available.
What the Company is Known For:
Fasset is known for its integrated financial platform, allowing for tokenization, and distribution of digital and real-world assets such as stocks, bonds, commodities, and precious metals in a seamless and secure manner.
Products
Offered Products:
Fasset provides a wide range of products and services:
- For People:
- Digital Assets
- Stocks
- Bonds
- Precious Metals
- Currencies
- Stablecoins
- Cross Border Payments
- Fasset Card
- For Business:
- White Label Exchange
- Digital Currency Card
- Tokenization Platform
- Digital Credentials
- B2B Payments
High-Level Description:
Fasset is a financial super app that offers tools to manage digital and traditional financial assets. The app supports investment, trading, and money management, providing an ecosystem that is inclusive, ethical, and empowering.
Key Features:
1. Optimize Digital and Real-world Assets: A blockchain-based integrated ecosystem for tokenization and distribution.
2. Invest, Trade, and More: Platform offering a range of tokenized assets with real-time market data and expert advice.
3. Manage Digital Wallet: User-friendly connection to a digital wallet with integrated payment solutions.
4. Send Money with Ease: Secure and convenient fund transfer via the Fasset Connect Network.
Recent Developments
Recent Company Developments:
- Fasset was granted an operational license in Dubai to serve institutional, qualified, and retail investors.
- The company is expanding into the Islamic world with a $22 million Series A funding round led by Liberty City Ventures and Fatima Gobi Ventures.
- Fasset is working on becoming dual-headquartered in Indonesia and Dubai post-COVID-19 pandemic.
New Products Launched:
No specific new products have been mentioned.
New Features Added to Existing Products:
No information is available.
New Partnerships:
- Partnership with Mastercard to drive financial inclusion in Indonesia, targeting the unbanked population.
- Expansion plans in Indonesia, leveraging the rising crypto ownership and demonstrating significant market penetration among women investors.
Conclusion
This report provides an extensive view of Fasset's operations, market positioning, and strategic direction. Although certain financial metrics and employee numbers are undisclosed, the firm's robust development strategy, inclusive mission, and progressive technological focus mark it as a significant player in the financial sector.
