Yaspa Secures $12M to Expand FinTech Platform into US Market

London-based fintech Yaspa has raised $12 million to expand its Intelligent Payments platform into the United States. The funding will accelerate deployment of Yaspa’s AI-driven payment solutions, including real-time account-to-account (A2A) transfers and advanced identity verification tools.

Strategic Investment for Market Expansion

The Series A round was led by Discerning Capital, with participation from TechStars Ventures. This capital injection will support:

  • Establishment of US headquarters in Atlanta

  • Local team recruitment (50+ positions)

  • Compliance certification across states

  • Banking and processor partnerships

“Our Intelligent Payments platform solves critical pain points in cross-border transactions,” explains CEO James Neville.

Intelligent Payments Platform Capabilities

Yaspa’s flagship solution delivers:
✔ Instant A2A payments via open banking
✔ AI-powered identity verification
✔ Advanced fraud detection algorithms
✔ Seamless integration for merchants

Riding the US Open Banking Wave

The expansion comes as America’s open banking sector prepares for:
→ 22.5% annual growth through 2031
→ Market expansion from $7.08B to $35.79B
→ Rising demand in iGaming and financial services

Solving Payment Challenges in Regulated Industries

The Yaspa Intelligent Payments platform specifically addresses:
✓ $20B+ in annual gambling chargebacks
✓ KYC/AML compliance costs
✓ Slow 3-5 day settlement times
✓ High payment failure rates

“We’re bringing European payment innovation to America’s most demanding sectors,” notes David Williams of Discerning Capital, who joins Yaspa’s board.

Roadmap for Intelligent Payments Growth

With this funding, Yaspa aims to:

  • Capture 5% of US iGaming payments by 2026

  • Reduce processing costs by 40% for operators

  • Establish new compliance benchmarks

  • Expand to additional regulated verticals

“This investment accelerates our Intelligent Payments platform rollout,” emphasizes Neville. “We’re rebuilding payments infrastructure for the digital age.”

 

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