Press release: Yaspa partners with ISX Financial to expand instant payments offering across Europe
London, Thursday 23rd May 2024 - Open banking payment provider, Yaspa, has partnered with eMoney platform, ISX Financial, to strengthen Yaspa’s Instant Payments and Instant Payouts product offerings and simplify adoption for even more businesses.
Leveraging ISX’s Business Operating Account capability, companies using Yaspa can now open a business account with ISX Financial to securely hold and manage their funds, including those received and executed through Yaspa’s instant pay-in and payout services. This partnership ensures Yaspa’s modular payment solutions are readily available to a broader range of businesses transacting across Europe, including sectors such as iGaming.
James Neville, CEO and co-founder of Yaspa, said: “Partnering with ISX Financial is significant for Yaspa’s growth as it expands our solutions to a larger audience - whether you're new to ISX Financial or an existing account holder”.
He added: “The open banking technology that powers Yaspa means that payments in and out of an ISX Financial account are not only fast and simple for end-users to make, but they also include bank-grade account checks. This has proven to be particularly transformative for gambling operators who can benefit from account verification they can trust, without the friction of forms or extra validation tools. Integrated bank authentication also gives their players the option to deposit and withdraw funds using different bank accounts - for both closed-loop or open-loop payments that are secure and flexible.”
"As the financial landscape evolves, ISX Financial remains committed to empowering businesses with innovative solutions,” said Nikogiannis Karantzis, CEO and Managing Director, ISX Financial. “Our partnership with Yaspa marks a significant milestone in expanding instant payment capabilities across Europe. We are focused on innovating the way businesses transact, offering seamless, secure, and real-time payment solutions tailored to meet the diverse needs of our clients."
Yaspa’s instant bank payments are now live throughout the UK and Europe and can be plugged straight into the payment operations of existing - and future - ISX account holders who are looking to offer a real-time payment method that is fast and easy to set-up.
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About Yaspa
Yaspa is an award-winning fintech that connects identity and money to simplify - and accelerate - the way we pay. Founded in 2017 by a former Worldpay CTO, Yaspa uses open banking to provide instant bank payments that are faster, more secure, and more cost-effective than cards, and to help regulated businesses seamlessly verify customers and their payments. The company operates across the UK and Europe, is regulated by the UK’s Financial Conduct Authority, and is backed by leading investors including Fin Capital, SGH Capital & Metavallon VC.
For more information visit: yaspa.com or contact Kate Marsden, CMO, at kate@yaspa.com.
About ISX
ISX Financial EU PLC is a 'banktech' company that leverages its own technology to provide financial services to merchants across the EEA & UK. The company's combined payments stack and infrastructure provides a complete end-to-end transactional banking, FX, remittance and payment processing capability.
For more information visit: www.isx.financial
