Skyro UAE and Fasset Sign MoU at GITEX 2025 to Enhance Digital Financial Services Across GCC

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Skyro UAE and Fasset Sign MoU at GITEX 2025 to Enhance Digital Financial Services Across GCC

Skyro UAE, a leading digital financial technology group, has signed a Memorandum of Understanding (MoU) with Fasset, a global fintech platform, during GITEX 2025 to advance innovation in cross-border financial services and digital asset ecosystems across the GCC region.

The MoU was signed by Arsen Liametov, Co-Founder and Co-CEO of Skyro, and Daniel Ahmed, COO and Co-Founder of Fasset, in the presence of Skyro’s senior leadership team including Roberto Mancone, CEO of Skyro GCC, and Stanislav Drozdik, Group CFO of Skyro.

Under this partnership, the two organizations will collaborate to develop innovative retail international transfer solutions powered by stablecoins, aimed at enhancing the speed, security, and cost-efficiency of cross-border remittances. The initiative underscores both entities’ commitment to leveraging advanced technologies to foster financial inclusion and responsible digital innovation across the region.

Additionally, Skyro UAE and Fasset will explore tokenized asset development and distribution, combining Skyro’s expertise in financial accessibility and lending platforms with Fasset’s strength in blockchain and digital asset infrastructure. The collaboration reflects a shared vision to reshape the regional financial landscape and support ongoing digital transformation efforts within the GCC.

Roberto Mancone, CEO of Skyro GCC, stated:

“We are grateful for our partnership with Fasset, as it marks an important step in strengthening our group’s fintech capabilities across the GCC. This partnership will allow us to explore new digital financial structures that align with our mission to make financial services more accessible to customers globally.”

According to market research, the GCC ICT market, which includes blockchain and digital payment infrastructure, is valued at USD 141.32 billion in 2025 and is projected to reach USD 222.37 billion by 2030, growing at a CAGR of 9.49%. This growth is driven by smart city initiatives, 5G expansion, and regulatory support for fintech innovations such as tokenized assets and digital remittances, paving the way for a tech-enabled, interconnected financial future in the region.

Daniel Ahmed, COO and Co-Founder of Fasset, commented:

“Partnering with Skyro UAE enables us to further our shared goal of building inclusive and innovative financial ecosystems. Together, we aim to redefine how value moves across borders – using blockchain and tokenization to deliver secure, fast, and efficient financial services to people in the region.”

The partnership comes at a crucial time of accelerated digital infrastructure growth and increasing fintech adoption across the GCC. Both Skyro UAE and Fasset remain committed to driving regulatory collaboration, financial inclusion, and innovation in digital assets, contributing to a resilient and future-ready financial ecosystem for the region.