Fawcett has raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and expand stablecoin payments.
Stablecoin neobanking platform Facet has raised $68 million in a Series C funding round led by Japan’s SBI Group at a $1 billion valuation.
The funding follows Fassett’s $51 million Series B in May and brings the company’s total funds raised to $119 million in 2026, Fassett said. said monday
SBI Holdings said In a separate statement on Monday, it said it had made an additional investment in Facet following its first investment in the company in May. The Japanese financial group did not disclose the size of its latest investment.
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