Yaspa

Founded in 2017 and headquartered in London, UK, Yaspa Limited focuses on instant payment solutions.Yaspa specializes in providing instant payment solutions through its core offering, Pay by Bank, which leverages open banking technology for real-time bank payments. This service allows users to execute verified transactions and deposits directly into merchant accounts without the need for cards, codes, or apps, thus streamlining the payment process for end users. Yaspa’s platform incorporates advanced features such as account verification, AI-powered fraud detection, and integrated Know Your Customer (KYC) checks, which are essential for regulated industries and enhance compliance and security. The primary clientele includes eCommerce platforms, gaming companies, utilities, charities, and other businesses requiring instant transactions, primarily targeting markets in Europe and the United States.Yaspa generates revenue primarily through transaction fees associated with its payment processing services, which are structured around B2B and direct-to-consumer models. Clients typically engage with Yaspa by integrating its Pay by Bank solution into their platforms, allowing for immediate payment settlements and refunds. The transaction structure is designed to facilitate both one-off payments and recurring transactions, enabling businesses to benefit from a more efficient payment process. Additionally, partnerships with various merchants and service providers contribute to Yaspa’s revenue stream, as the company offers tailored solutions that enhance the payment experience for end users. The company plans to expand its operational presence in the US, establish local hiring, and build partnerships tailored for regulated gambling operators.

1. Series A

   Jun 2, 2025

   Amount

   $12M

   Investors

   Locked