# Jassby

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jassby

- Industry: Financial Services
- Headquarters: Waltham, US
- Website: www.jassby.com
- Latest round: Seed (Oct 17, 2018)
- Investors on record: 3

## About

Jassby, Inc. is a financial technology company specializing in innovative debit and credit card solutions tailored for diverse customer needs, including families and travel organizations.Founded in 2017 and headquartered in Waltham, US, Jassby, Inc. offers unique card solutions. The company, led by CEO Benjamin Nachman, has successfully secured USD 5.00 mn in funding from investors including Blumberg Capital, Correlation Ventures, and Moneta Ventures, with their most recent deal occurring on March 5, 2020.Jassby provides comprehensive debit and credit card solutions designed to meet the diverse needs of businesses and consumers. Their core offerings include the Jassby Trip Card, which is tailored for group travel allotment management, and the Jassby Debit Card for Families, which promotes financial literacy among younger users. These products allow businesses to customize card designs, reward structures, and spending limits, effectively aligning their card programs with brand identities and target audiences. Jassby’s services extend to fraud detection, compliance management, and customer support, ensuring a streamlined implementation process for businesses looking to introduce or enhance their card programs. The company serves a wide array of clients, including travel organizations, family groups, and enterprises seeking branded financial solutions. Geographically, Jassby’s products are marketed across various regions, focusing on clients in the United States, while also appealing to global firms interested in customizable financial solutions.Jassby generates revenue through a structured model that encompasses both B2B partnerships and direct-to-consumer transactions. The company earns income from businesses that subscribe to its card program management services, which includes setup fees and ongoing transaction-based revenue generated from the usage of the Jassby Trip Card and the Jassby Debit Card for Families. For the Jassby Debit Card for Families, revenue is derived from partnerships with educational institutions or organizations that integrate the card into their financial literacy programs. Jassby’s pricing structure and revenue model underscore its commitment to providing tailored financial solutions that drive user engagement and support business growth.Jassby plans to leverage the recent USD 5.00 mn funding raised in March 2020 to enhance its product offerings and explore new markets. Upcoming products include an expanded range of customizable financial solutions aimed at both individual and corporate clients, with specific attention to enhancing the Jassby Debit Card for Families. The company intends to expand its market presence beyond the United States, targeting international clients in Europe and Asia by late 2022. This strategic growth will be supported by increased investment in marketing and product development.

## Funding rounds

- Seed, Oct 17, 2018 — Blumberg Capital, Correlation Ventures, Moneta Ventures

## Investors

- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Seed
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed
- Moneta Ventures (https://capitalatlas.ai/funds/moneta-ventures) — Seed