Jasper Card issues credit cards (via WebBank on the Mastercard network) and operates an algorithm-driven underwriting platform that scores customers on predicted future credit behavior using income, employment, and other signals. The company expanded from CreditStacks (rebranded in 2020) to serve a broader set of U.S. consumers and claims more than 15,000 cards issued, used over 1.3 million times and generating over $90M in spend. Its program has been growing roughly 20% month-over-month. Jasper employs more than 50 people across a development center in Israel and a New York City headquarters. The company runs a referral-driven cashback program that rewards users and plans to grow its AI technology to further develop underwriting and introduce a new line of financial services.

Total raised

$134M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jul 2021