Series A

Seed

Others

Pre-Seed

Debt Financing

Lahore

Ali Mukhtar

Naiel Ikram

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Investment in Startup

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Fatima Gobi Ventures

Fatima Gobi Ventures is a Venture Capital (VC) fund focused on Pakistani startups.

Dubai

Abhi

Fintech

Lending

Financial Services

Apps

Abhi is a financial wellness platform that provides employees with salary advances based on their accrued wages.

Airlift Technologies

Logistics & Storage

Fasset

NFT/Crypto

Blockchain

Asset Services and Depository

Crypto

Finance

Web3

Fasset was founded by a group of passionate technologists and engineers – problem solvers at heart – our is a Western outlook coupled with Eastern values, and seek to bring about a more equal financial playing field.

Tajir

Tajir is a B2B marketplace for mom and pop stores.

Islamabad

Payments

TAG is a financial app that offers digital wallets and payment services.

Truck It In

Logistics

Freight Service

Truck It In is a platform tech company focused on simplifying road freight for 3.3M+ businesses in Pakistan.

Tazah Technologies

Agriculture

Farming

Supply Chain Management

PriceOye

E-Commerce

AdalFi

Savyour

Pre-Series A

Colabs

Hospitality

Real Estate

Collaboration

Redefining the future of work in Pakistan.
COLABS is Pakistan’s fastest growing flexible workspace, thoughtfully designed to enable people and businesses to grow. We aim to inspire collaboration, productivity and innovation through our community and network.

Udhaar Book

Rider

Maqsad

Education

Finfleet

Trellis Housing Finance Limited

Consumer Lending

Intellia

AI/IoT

Safepay

Payment

Inventhub

Technology

back April 17, 2022 Fasset raises $22 million Series A Source: Startup MGZN Press Release Fasset, a globally-regulated digital asset gateway, has closed a USD 22 million Series A funding round, led by Liberty City Ventures and Fatima Gobi Ventures, with participation from Soma Capital, MyAsiaVC and others. Prominent institutional investors include regional family offices from the Middle East and South Asia. Between them, the aforementioned VC firms have backed over 45 unicorns, with investments in leading Fintech projects that include Animoca Brands, Airlift, Bolt, Consensys, Figment and Lukka. Funding will be channeled toward new product development and market expansion. The team has been in advanced discussions with several regulatory authorities and will imminently be launching services in Indonesia and Pakistan. In Indonesia, Fasset is set to be granted an approval to operate as a full service cryptocurrency exchange next month while in Pakistan, Fasset is set to soon offer digital asset services. Fasset has also recently secured an EU authorization; this latest milestone will allow Fasset to connect the remittance corridors of the global diaspora to their home markets. The team has ambitions to attract world class talent and double their headcount by the end of the calendar year – several notable crypto executives have already joined Fasset in 2022. Upcoming milestones in the product roadmap include the launch of the ‘Fasset Artist Lab’ — an NFT marketplace for MENASA-based artists and athletes. Mohammad Raafi Hossain, Co-Founder and Chief Executive Officer of Fasset, and former Advisor to the UAE Prime Minister’s Office, said, “Fasset is all about bringing multi-faceted digital asset use cases that connect home markets to their diaspora. We’re extremely passionate about financial inclusion and democratizing access to opportunity by enabling a new wave of digital asset owners in our target emerging markets. Asset ownership is the strongest way to power healthy livelihoods and economies. Digital asset-driven remittance corridors can unleash a new wave of socioeconomic prosperity through unique product offerings that we’re diligently building. We are excited to work with regulators to enable this flow of capital, products and opportunity in our markets.” Emil Woods, Managing Partner at Liberty City Ventures shared, “We believe that digital assets are increasingly crossing over to the mainstream, and have massive potential to disrupt legacy businesses and markets, especially in the emerging markets. We are eager to partner with the team at Fasset to capture the opportunities presented, and to shape the future of finance.” Ali Mukhtar, General Partner at Fatima Gobi Ventures shared, “Fasset’s vision of empowering the next billion to access digital assets aligns closely with our investment philosophy for the space. We are proud to support Fasset in democratising access to this nascent asset class and look forward to helping propel the company forward in its target markets of growth.” “We think Fasset is uniquely positioned to onboard the next billion people to the cryptocurrency ecosystem in frontier markets” said Willem van den Bosch, Investor at Soma Capital. “Their customer obsession is exemplified in their focus on fixing ‘what is broken’ with existing solutions. We believe the team has a unique combination of regulatory and compliance expertise, product superiority, and the technical knowledge to own the fiat to crypto layer across retail and institutional clients in target markets.”

Fintech Galaxy | Fasset raises $22 million Series A

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!Image 1: Fasset Secures M to Accelerate Crypto Adoption Across Islamic and Emerging Markets
Announcements, Blockchain, Investing, News | April 18, 2022
Fasset, a globally-regulated digital asset gateway, has closed a US$22 million Series A funding round to expand its offerings in Islamic and emerging markets that include Indonesia and Pakistan. Led by Liberty City Ventures and Fatima Gobi Ventures, with participation from Soma Capital among others, Fasset will channel the funding to new product development, powering digital asset-driven remittance corridors from global diasporas to their home markets.
Already in advanced discussions with several regulatory authorities, Fasset will deploy its resources to widen access to digital assets in key emerging markets and strengthen financial inclusion.
“Fasset is all about bringing multi-faceted digital asset use cases that connect home markets to their diaspora,” said Mohammad Raafi Hossain, Co-Founder and Chief Executive Officer of Fasset, and former Advisor to the UAE Prime Minister’s Office. “We’re extremely passionate about financial inclusion and democratizing access to opportunity by enabling a new wave of digital asset owners in our target emerging markets. Asset ownership is the strongest way to power healthy livelihoods and economies. Digital asset-driven remittance corridors can unleash a new wave of socioeconomic prosperity through unique product offerings that we’re diligently building. We are excited to work with regulators to enable this flow of capital, products and opportunity in our markets.”
Emil Woods, Managing Partner at Liberty City Ventures shared, “We believe that digital assets are increasingly crossing over to the mainstream, and have massive potential to disrupt legacy businesses and markets, especially in the emerging markets. We are eager to partner with the team at Fasset to capture the opportunities presented, and to shape the future of finance.”
This announcement comes after Fasset’s EU authorisation to strengthen its global operations to serve the growing digital asset sector in Europe and beyond.
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Fasset Secures $22M to Accelerate Crypto Adoption Across Islamic and Emerging Markets - BlockTribune

Fatima Gobi Ventures

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Fatima Gobi Ventures

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 5 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments