FassetSME Finance
Fasset provides financial management and lending solutions for small and medium-sized enterprises.
$68MSeries C
Investor undisclosed
A $68M Series C for SME lending signals that unit economics in this space have finally proven out—lenders are now betting on scale rather than model validation. At this stage and size, Fasset is likely building out distribution (sales team, integrations, geographic expansion) and possibly acquiring loan portfolios to hit the lending volumes that make the unit economics work. If you're building any B2B financial product for SMEs, watch whether Fasset's next move is horizontal (more financial services) or vertical (specific industries)—that'll tell you whether the moat is the customer relationship or the lending product itself.