Yaspa Raises $12Million Funding To expand Its Fintech Services

The funds will help the company grow its presence in the United States, where it recently set up an office in Atlanta, Georgia.

Yaspa offers instant payment and identity services using open banking and AI. Its core product, Intelligent Payments, helps regulated businesses make smarter payment and customer decisions in real-time.

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The company already operates in multiple European markets and plans to expand further with this new funding.

James Neville, co-founder and CEO of Yaspa said: This significant investment marks a major milestone for Yaspa. It enables us to take our proven technology into a new market at pace – hiring a local team, building strategic partnerships and adapting our platform to meet the specific needs of operators.

We’re looking forward to supporting businesses that want to lead on compliance, player safety and user experience as the market matures.

David Williams, Partner at Discerning Capital, who will be joining the Yaspa board following the transaction, said:

We are excited to be partnering with Yaspa to help them expand deeper into regulated gambling.

The high-risk nature of gambling payments makes it an area in need of innovation, and we believe Yaspa addresses two of the biggest issues: chargebacks and player protections. We believe that any operator who evaluates Yaspa’s A2A product versus their existing payments provider will end up adding Yaspa.

About Yaspa

Yaspa is a fintech startup that simplifies payments using open banking. Founded in 2017, it offers instant, secure, and low-cost bank payments while helping regulated businesses verify customer identity. Operating across the UK and Europe, Yaspa is FCA-regulated and backed by top investors like Fin Capital and Metavallon VC.