Yaspa Secures $12M to Accelerate the Future of Instant, Account-to-Account Payments

We’re thrilled to announce that Yaspa, the award-winning fintech redefining payments by connecting identity and money, has successfully raised £12,000,000 in its latest funding round. This significant investment comes as a powerful affirmation of Yaspa’s innovative approach, which leverages open banking to offer instant bank-to-bank payments that are not only faster and more secure than traditional card transactions but also cost-effective. Founded in 2017 by a former Worldpay CTO, Yaspa has rapidly emerged as a trusted partner for regulated businesses across the UK and Europe, simplifying the process of customer verification and payment processing through its cutting-edge technology. With the backing of prominent investors including Fin Capital, SGH Capital, and Metavallon VC, this funding round is set to accelerate the company’s mission to revolutionize digital payments. The newly secured funds will be strategically focused on enhancing Yaspa’s technological infrastructure, expanding its product offerings, and broadening its market presence. The company plans to invest in further development of its platform to ensure even faster adaptation to emerging market trends and regulatory requirements, thereby cementing its leadership in the fintech sector. As Yaspa continues to break boundaries and set new benchmarks in secure, efficient payment solutions, the infusion of capital will underpin initiatives such as strengthening partnerships, scaling operations, and exploring untapped markets. With a commitment to fostering financial innovation and a customer-centric model, Yaspa is poised to transform the payments landscape, making account-to-account transactions seamless for businesses and individuals alike. Get in touch for a demo and witness firsthand how Yaspa is driving the future of fintech payments.