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 funding round.

Business overview

Jasper specializes in providing credit cards to individuals who lack a credit history in the United States. The company leverages deep banking partnerships, alternative data sources, advanced data analytics, and sophisticated risk and behavioral analysis models. This approach enables Jasper to identify prime customers and offer them premium credit cards that acknowledge their international financial standing, operating within the Fintech & Insurtech sector and serving consumers in the United States.

Strategic signal

Jasper ceased operations in July 2023, indicating a significant shift in its business trajectory. This development signals to investors and innovation teams the inherent risks and challenges within the niche market of providing credit to individuals without a US credit history, despite previous funding successes.

Company Intelligence Q&A

What was Jasper's operational status as of July 2023?

Jasper ceased to operate in July 2023.

When did Jasper raise its Series A funding round?

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

What was a key funding event for Jasper in November 2019?

In November 2019, Jasper, then known as CreditStacks, secured debt financing from WebBank.

When was Jasper founded and by whom?

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