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Founded Year

2017

Stage

Series B | Alive

Total Raised

$61.22M

Last Raised

$15.14M | 5 mos ago

About Tassat

Tassat is a financial technology company that provides solutions to financial markets utilizing blockchain-based technologies to enable asset transfer and settlement. The company was founded in 2017 and is based in New York, New York.

Headquarters Location

22 West 21st Street 9th Floor

New York, New York, 10010,

United States

646-786-8526

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ESPs containing Tassat

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

The blockchain interbank payments market refers to the use of blockchain technology to facilitate payments between financial institutions. The companies in this space are focused on boosting payment speed, efficiency, and security. The market is still in its early stages and is driven by the growing demand for solutions that enable real-time payment and settlement between banks.

Tassat named as Leader among 10 other companies, including Ripple, ConsenSys, and R3.

Tassat's Products & Differentiators

    TassatPay™

    TassatPay is the first blockchain-based payments platform vetted by major banking regulators, has been up and running for three years and has processed billions of dollars in transactions. It works by tokenizing the FDIC-insured U.S. dollar deposits at a bank. It also provides the infrastructure for executing smart contracts, processing transactions in multiple digital currencies and enhancing data capabilities. Banks are turning to Tassat to retain and attract new commercial customers, increase deposits and establish themselves in the digital asset economy to stay ahead of competition.

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Research containing Tassat

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Tassat in 1 CB Insights research brief, most recently on Dec 14, 2023.

Expert Collections containing Tassat

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Tassat is included in 2 Expert Collections, including Blockchain.

B

Blockchain

7,104 items

Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.

F

Fintech

8,122 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Tassat Patents

Tassat has filed 18 patents.

The 3 most popular patent topics include:

  • cryptocurrencies
  • blockchains
  • alternative currencies
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/10/2022

2/6/2024

Cryptocurrencies, Cryptography, Blockchains, Cryptographic hash functions, Domain name system

Grant

Application Date

6/10/2022

Grant Date

2/6/2024

Title

Related Topics

Cryptocurrencies, Cryptography, Blockchains, Cryptographic hash functions, Domain name system

Status

Grant

Latest Tassat News

Tassat Group Promotes Saidin to CEO

Nov 20, 2023

Tassat Group, a provider of real-time digital payment solutions, recently announced the appointment of Zain Saidin as CEO. Saidin assumes the CEO position after serving as Tassat’s COO since February. Kevin R. Greene will continue his role at Tassat as the chairman of the board... Read More

Tassat Frequently Asked Questions (FAQ)

  • When was Tassat founded?

    Tassat was founded in 2017.

  • Where is Tassat's headquarters?

    Tassat's headquarters is located at 22 West 21st Street, New York.

  • What is Tassat's latest funding round?

    Tassat's latest funding round is Series B.

  • How much did Tassat raise?

    Tassat raised a total of $61.22M.

  • Who are the investors of Tassat?

    Investors of Tassat include Paycheck Protection Program, gumi Cryptos and HashKey Capital.

  • Who are Tassat's competitors?

    Competitors of Tassat include Circle and 8 more.

  • What products does Tassat offer?

    Tassat's products include TassatPay™.

  • Who are Tassat's customers?

    Customers of Tassat include Signature Bank (NASDAQ: SBNY) and Customers Bank (NYSE: CUBI).

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Compare Tassat to Competitors

Ripple Logo
Ripple

Ripple focuses on providing cryptocurrency and blockchain solutions. It offers services such as cross-border payments, cryptocurrency liquidity, central bank digital currency, and more solutions. It primarily serves financial institutions, enterprises, and governments. Ripple was formerly known as OpenCoin. The company was founded in 2012 and is based in San Francisco, California.

Zero Hash Logo
Zero Hash

Zero Hash operates as a business-to-business (B2B) embedded infrastructure mobile application platform. Its platform allows integrating digital assets natively into customer experience as a matter of application programming interface (API) endpoints. The company was founded in 2017 and is based in Chicago, Illinois.

Circle Logo
Circle

Circle provides a financial technology solution allowing users to send and receive funds globally. It offers crypto treasury management solutions for businesses to manage digital assets. It serves asset managers, financial technology companies, and financial institutions. The company was founded in 2013 and is based in Boston, Massachusetts.

STASIS Logo
STASIS

STASIS is a European fintech company that focuses on bridging traditional banking with blockchain ecosystems, operating within the financial technology and blockchain industries. The company's main offerings include the issuance of EURS, a stablecoin backed 1:1 by liquid financial instruments, and the provision of Web3 tools that allow clients to handle digital currencies and public blockchains. STASIS primarily serves customers in the financial and crypto markets. It was founded in 2018 and is based in St. Julian's, Malta.

Ledger Logo
Ledger

Ledger is a global platform for digital assets and Web3. It offers various products such as integrated tools and live applications to enable consumers to securely buy, store, swap, grow, and manage cryptocurrencies. The company was founded in 2014 and is based in Paris, France.

Centiglobe Logo
Centiglobe

Centiglobe is a company that focuses on providing Distributed Ledger Technology (DLT) cross-border payment solutions in the financial technology sector. The company offers services that modernize and transform payments, resulting in instant, secure transfer of value and data for financial institutions and companies. Centiglobe primarily serves banks, financial institutions, and companies looking to enhance their payment processes. It was founded in 2017 and is based in Stockholm, Sweden.

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