Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets
Digital bank Fasset has raised $51 million to expand its stablecoin-powered banking platform, the latest sign that fintech companies are increasingly building financial services on blockchain rather than traditional payment networks. Investors in the Series B round include Japan’s SBI Group, Investcorp and Turkish asset manager Arz Portföy, the Los Angeles-based company said Thursday. The…