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Fasset lands $51M to scale Shariah-compliant stablecoin banking across Southeast Asia, South Asia, and Gulf emerging markets. Fasset, a stablecoin-powered digital bank built to Shariah-compliant standards, has raised $51 million to expand its services across emerging markets. The round positions Fas

Bybit announced plans January 29 to launch IBAN-based fiat accounts under the "MyBank" brand in February, subject to regulatory approval. The Dubai-based exchange aims to offer personal international bank account numbers supporting 18 fiat currencies through partnerships with institutions including

A new class of crypto-native financial platforms is moving beyond wallets and into full-fledged banking territory, as onchain neobanks begin processing real consumer spending, generating recurring revenue, and attracting millions of users without relying on centralized custody. Data emerging from la

Swedish fintech company Klarna announced Wednesday it will offer mobile phone plans in the United States for $40 monthly, marking the latest expansion in CEO Sebastian Siemiatkowski's ambitious push to transform the buy-now-pay-later pioneer into an AI-powered financial "super app" serving 100 milli

Mantle, a Layer-2 blockchain built on Ethereum with over $220 million in total value locked, launched UR on Tuesday, billing it as the world's first blockchain-based neobank. The Swiss-backed platform aims to bridge traditional finance and decentralized finance through a unified account system that