HASAN.VC Backs Web3 Fintech Takadao in Funding Round Totalling US$3.1 Million

Southeast Asia’s ethics-driven venture capital firm HASAN.VC has joined a globally diverse group of investors backing Takadao, the Riyadh- and Singapore-based Web3 platform building community-owned financial alternatives. The latest investment brings Takadao’s total funding to US$3.1 million, strengthening its position as a global leader in ethical, community-governed fintech solutions.

The announcement comes as Takadao rolls out The LifeCard, a prepaid VISA card that allows users to spend stablecoins like cash anywhere VISA is accepted. The new card forms a core part of the LifeDAO ecosystem, which also includes community-governed life protection, non-custodial investment pools, DeFi wallet solutions, and a financial literacy hub—all operated under a decentralised, community-driven model.

HASAN.VC said its investment reflects confidence in what it calls the next generation of “camel startups”: resilient, mission-oriented companies building long-term economic infrastructure grounded in trust and values.

“Takadao is reshaping what ethical fintech can look like in the Web3 era,” said Umar Munshi, General Partner at HASAN.VC. “Their model aligns perfectly with our commitment to empower founders who build with integrity, transparency, and impact. Supporting Takadao means supporting a future where communities own their financial tools.”

Fellow General Partner and Principal of Accelerator Mohd Akhtaar highlighted the platform’s ability to turn Web3 innovation into real-world utility.

“The LifeCard creates a direct bridge between digital assets and daily life—something millions of users across Southeast Asia and the global Muslim community are eager for,” he said.

Takadao’s presence continues to expand across the GCC and Southeast Asia—two of the world’s most rapidly growing markets for ethical and Shariah-aligned financial services. HASAN.VC’s investment underscores what both organisations describe as a rising global narrative: Muslim founders building borderless, values-driven technology with worldwide applicability.

“Partnering with HASAN.VC gives us a direct link to Southeast Asia,” said Morrad Irsane, CEO and co-founder of Takadao. “Their community, track record, and values-driven approach make them an ideal partner as we scale the LifeDAO and LifeCard to millions of users.”