Proof of Usefulness Report

Yaspa

Analysis completed on 2/4/2026

+675
Proof of Usefulness Score
Category Standard

Yaspa is a verified, high-growth fintech (formerly Citizen) regulated by the FCA, with $12M in Series A funding and a team of ~70. It solves critical pain points in the iGaming and high-risk payment sectors using Open Banking and AI. While the submission itself was of very low quality (hyperbolic claims, vague details), the project's actual traction and utility are substantial and verifiable, placing it in the 'much larger scale' calibration tier.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+120.0
Technical Innovation+112.5
Evidence Of Traction+212.5
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+750
Usefulness Multiplierx0.9
Final Score+675

Project Details

Project URL
Description
Yaspa is a fintech company that connects identity and money, using open banking to power real-time payments and instant verification. Founded in 2017, Yaspa simplifies and accelerates payments for businesses, offering features like instant bank payments, customer verification, and real-time payouts. The company operates in the UK and Europe and is regulated by the UK's Financial Conduct Authority.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline