Jasper

Company Overview

Snapshot

Founded in September 2015 by Elnor Rozenrot and Robert Hartheimer, Jasper operates with 11–50 employees. The company has raised a total of $48.15 million across 8 funding rounds from 12 investors. In April 2022, OurCrowd participated in a C Round.

Business overview

Jasper, formerly known as CreditStacks, issues credit cards to individuals who lack a credit history in the United States. The company leverages deep banking partnerships, alternative data sources, and advanced risk and behavioral analysis models to identify prime customers. This approach allows Jasper to issue premium credit cards that acknowledge an individual's international financial standing, serving the Fintech & Insurtech sector, specifically within Money Transfer & Management, and targeting consumers in the United States.

Strategic signal

Jasper ceased operations in July 2023, indicating a significant shift in its market presence and business continuity. This development signals to investors and innovation teams that the company is no longer an active player in the fintech landscape, prompting a re-evaluation of its impact on the market for credit cards for individuals without a US credit history.

Company Intelligence Q&A

What is Jasper's operational status?

Jasper ceased to operate in July 2023, transitioning to a non-active status.

When was Jasper founded and by whom?

Jasper was founded in September 2015 by Elnor Rozenrot and Robert Hartheimer.

What was a key funding event for Jasper?

In July 2021, Jasper Card raised a Series A funding round with participation from.

What was the total capital raised by Jasper?

Jasper raised a total of $48.15 million across 8 funding rounds from 12 investors.

What was a notable early funding event for Jasper?

In January 2018, Jasper secured a Seed round with investments from Off the Grid Ventures and Saar Wilf.