Kuala Lumpur, MINA – Takadao, a Web3 platform headquartered in Riyadh and Singapore, has officially secured new investment backing from HASAN.VC, an ethical venture capital fund based in Southeast Asia.
With its latest funding round totaling US$3.1 million, Takadao has strengthened its position as a pioneer in community-based alternative financial solutions and a global leader in ethical fintech innovation.
The funding coincides with the launch of LifeCard, a prepaid VISA card that enables users to spend stablecoins like cash across the global VISA merchant network. The product is not merely a payment instrument, but also a gateway to the LifeDAO ecosystem, which offers high-level security, non-custodial services, and community-driven support for ethical financial transactions.
HASAN.VC views Takadao as a representative of the new generation of camel startups- companies built for resilience and long-term, values-driven missions.
“Takadao is redefining what ethical fintech looks like in the Web3 era,” said Umar Munshi, General Partner at HASAN.VC.
According to him, Takadao’s model fully aligns with HASAN.VC’s focus on supporting founders who prioritize integrity, transparency, and positive impact.
“Investing in Takadao means supporting a future where communities own and control their financial tools,” Umar said.
Mohd Akhtaar, General Partner and Principal Accelerator at HASAN.VC, added that what excites them most is Takadao’s practical vision – bridging Web3 innovation with real-world daily use.
“LifeCard creates a direct bridge between digital assets and everyday activities – something highly relevant for millions of users in Southeast Asia and the global Muslim community,” he said.
Takadao’s expansion targets two of the fastest-growing regions in ethical finance: the GCC and Southeast Asia.
According to HASAN.VC, this support strengthens a new narrative that Muslim founders are capable of building globally scaled companies with meaningful impact through community-based approaches.
“Partnering with HASAN.VC gives us direct access to Southeast Asia,” said Morrad Irsane, CEO and co-founder of Takadao.
“Their community, their track record, and their values-driven approach make them the ideal partner as we expand LifeDAO and LifeCard to millions of users worldwide,” he said.
HASAN.VC is a venture fund focused on founders and on building a better future through investments in high-resilience, impact-driven camel startups.
Through its funding programs, acceleration initiatives, and global network, HASAN.VC aims to democratize ethical investment by channeling capital to more than 40 technology startups across Southeast Asia and beyond. The fund is registered in Labuan and operates an accelerator office in Singapore.
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