Summary:
- Yaspa, a London-based fintech company, secured $12M in funding led by Discerning Capital.
- The funding will support Yaspa in expanding its operations in the United States.
- Yaspa utilizes open banking and AI to offer intelligent payment solutions and account verification services.
Article:
Yaspa Secures $12M in Funding to Fuel Expansion in the United States
Yaspa, a leading fintech company based in London, recently announced that it has successfully raised $12 million in funding, with Discerning Capital leading the investment round. This funding will play a crucial role in supporting Yaspa’s strategic expansion plans in the United States.
Combining the power of open banking and artificial intelligence, Yaspa offers a wide range of innovative payment solutions and account verification services. One of its key offerings includes real-time bank payments through Pay by Bank, along with verified customer insights to enhance the overall payment experience.
Operating across the UK and Europe, Yaspa is a regulated entity under the UK’s Financial Conduct Authority, ensuring transparency and compliance with financial regulations. In a recent development, Yaspa has also established a US entity based in Atlanta, Georgia, signaling its commitment to further penetrate the American market.
With a focus on providing intelligent payment solutions and seamless account verification services, Yaspa is well-positioned to drive innovation in the fintech industry. The recent funding infusion will enable Yaspa to accelerate its growth and solidify its presence in the competitive US market.
Stay tuned for more updates on Yaspa’s expansion journey and its continued efforts to revolutionize the payment and identity services landscape.
Source: FinSMEs
