Yaspa is a London-based fintech company that specializes in instant payment and identity services. It utilizes open banking technology and AI to improve customer intelligence and cash flow through its Intelligent Payments solution. Recently, Yaspa received $12 million in funding led by Discerning Capital to support its growth in the U.S. market. The open banking market in the U.S. is expected to grow significantly, presenting opportunities for Yaspa’s innovative payment processes, which provide player protections and aim to disrupt the gambling payments ecosystem.
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.
Yaspa's payments process will disrupt the gambling payments ecosystem while adding native player protections.
The United States' open banking market is projected to witness a CAGR of 22.5% during the forecast period from 2024-2031, indicating strong growth opportunities.
Account-to-account (A2A) payments has global appeal for regulated gambling operators, given it is cheaper, reduces chargebacks and allows for seamless integration of player protections.
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