# Fasset uses stablecoin rails to move money across borders for small and medium-sized businesses.

*fintech · news · 2026-05-14 · Crypto News*

## Key points

- Fasset raised $51 million in Series B funding backed by SBI Group and Investcorp.
- Fasset serves 1,000 business customers across 125 countries, focusing on emerging markets.
- The firm bypasses correspondent banking networks by using stablecoin rails for cross-border payments.
- Fasset is expanding into lending and trade finance to offset declining payment margin revenues.

**Companies:** SBI Group, Investcorp, Fasset
**Countries:** Japan, Turkey, United States

[Read the full story on Crypto News](https://crypto.news/fasset-raises-51m-stablecoin-neobank-funding/)

---

Canonical: https://newsio.io/n/6b8668e9-268e-4ec4-940b-5b7c766d8d6e/fasset-uses-stablecoin-rails-to-move-money-across-borders-for-small-and-medium-s
Summarized by Newsio from Crypto News. https://newsio.io/how-it-works