Funding cements Takadao’s status as a global leader in ethical, community-governed fintech
Hasan.VC, Southeast Asia’s ethics-driven venture capital fund, has joined a globally diverse group of investors backing Takadao, the Riyadh-and Singapore-based Web3 platform pioneering community-owned financial alternatives. With this round, Takadao has raised US$3.1 million (RM13 million) in total funding, reinforcing its position as a global leader in ethical, community-governed fintech.
The funding coincides with the launch of The LifeCard, Takadao’s prepaid Visa card that allows members to spend stablecoins like cash anywhere Visa is accepted. More than a payments tool, LifeCard is woven into the wider LifeDAO ecosystem, which includes life protection, non-custodial investment pools, DeFi wallets, and a financial literacy hub — all collectively governed by its community.
For Hasan.VC, Takadao represents the emerging class of “camel startups”: resilient, mission-driven ventures building long-term, values-aligned economic infrastructure.
“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,” added Mohd Akhtaar, general partner and Principal of Accelerator at Hasan.VC.
“What excites us about Takadao is its practical vision: connecting Web3 innovation with real everyday use. 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 expansion spans two of the world’s fastest-growing ethical finance markets — the GCC and Southeast Asia. Hasan.VC’s investment reinforces a powerful narrative: Muslim founders are building globally, and values-driven capital can accelerate their journey.
“Partnering with Hasan.VC gives us a direct link to Southeast Asia. Their community, track record, and values-driven approach make them an ideal partner as we scale The LifeDAO and LifeCard to millions of users,” said Morrad Irsane, CEO and co-founder of Takadao.
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