Page 31 - Skyro PR Report - October 2025

Skyro UAE and Fasset sign MoU at GITEX 2025 to enhance digital financial services across GCC
with regulators across the region to ensure maximum compliance and foster responsible innovation
within the growing digital finance ecosystem.

In addition, the strategic partnership will explore avenues to develop and distribute tokenised assets
by combining Skyro’s expertise in financial accessibility and lending platforms, along with Fasset’s

blockchain and digital asset capabilities. This collaborative effort reflects their commitment to
reshape cross-border payments while supporting the region’s ongoing efforts to ensure digital
transformation and financial inclusion.

Roberto Mancone, CEO of Skyro GCC said: “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 a recent study, the GCC region’s ICT market, which encompasses blockchain and
digital payment infrastructure, is estimated to be worth USD 141.32 billion in 2025 and is projected to

reach USD 222.37 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.49 per
cent. Key contributors to this growth are smart city initiatives, 5G deployment, and regulatory support
for fintech innovations such as tokenised assets and digital remittances, which are laying the
foundation for a more connected, tech-enabled financial future across the GCC region.

Daniel Ahmed, COO and Co-Founder of Fasset, said: “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 between Skyro UAE and Fasset comes at a pivotal time of accelerated digital

infrastructure growth across the region. It reflects both parties’ dedication to boosting financial
inclusion, regulatory collaboration and innovation in digital assets, while paving the way for a more
connected and resilient financial ecosystem across the region.

About Skyro

Skyro is a digital financial technology group under Breeze Ventures, headquartered in Bahrain. The

company is focused on making financial services more accessible and inclusive across emerging
markets in lending, saving or investing. Skyro currently operates in the Philippines and is expanding
its presence in the Gulf Cooperation Council (GCC) region to deliver simple, transparent, and
technology-driven financial solutions that empower individuals and businesses.

About Fasset

Fasset is a banking and investment platform focused on enhancing financial inclusion across Asia
and Africa, enabling individuals and businesses to securely invest from anywhere in the world. In
2024, Fasset introduced Own, its Ethereum Layer 2, designed to expand access to decentralized
finance globally. Founded by Mohammad Raafi Hossain and Daniel Ahmed, and with offices in Dubai

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