Yaspa, a fintech company that offers personal intelligence through instant payments, has secured funding to support its expansion into the U.S. market.
Investors Discerning Capital and Metavallon, along with TechStars Ventures, have committed USD 15 million to Yaspa. They are confident that Yaspa’s payment processing solutions will significantly impact the gambling payments landscape while emphasizing critical player protections.
Yaspa currently manages payments across various markets, predominantly in Europe, but has now expanded into the United States. A 2024 Markets and Data report predicts that the open banking market in the U.S. is expected to grow at a compound annual growth rate (CAGR) of 22.5% from 2024 to 2031, escalating from USD 7.08 billion in 2023 to USD 35.79 billion by 2031.
Discerning Capital specializes in funding companies that integrate online gambling, sports, media, and technology sectors. The firm seeks to back businesses with proven models needing capital to scale operations. With Yaspa experiencing rapid growth in its existing markets, Discerning Capital sees a global opportunity for account-to-account (A2A) payments among regulated gambling operators due to their cost-effectiveness, lower chargeback rates, and potential for simplified player protection integration.
Yaspa officials view the investment as a significant milestone. It enables the company to quickly introduce its established technology into new markets, assemble a local team, establish partnerships, and tailor its platform to meet operator requirements.
Other Developments at Yaspa
In May 2025, Yaspa became a member of The Payment Association. This association has over 230 corporate members including well-known entities such as Worldpay, Mastercard, Visa, and American Express. Joining the association was intended to enhance Yaspa’s interaction with policymakers and industry leaders while highlighting its commitment to enhancing fraud prevention measures.
The fintech saw this membership as a key milestone in its growth trajectory, reinforcing its goal of shaping the future of payments through product development, active industry collaboration, and meaningful policy engagement.