£26.1M
The financing round was led by The Raine Group with backing from existing investors including Play Ventures and Makers Fund.
The Raine Group + 4 others
DC
Discerning Capital
Venture CapitalDiscerning Capital is a US-based investment firm focused on the intersection of online wagering, sports, media, and technology. The firm primarily targets minority equity investments in growth-stage businesses within the wagering ecosystem and manages a private credit strategy.
Portfolio
2
companies
Portfolio companies
Midnite
Midnite operates an in-house technology platform for sports betting and online casino gaming.
Y
Yaspa
Yaspa delivers instant payment and identity services using open banking and artificial intelligence.
Team
DW
David Williams
Partner
Recent investments
£9.0M
Discerning Capital led the funding round with backing from Metavallon and TechStars Ventures.
"This significant investment marks a major milestone for Yaspa. It enables us to take our proven technology into a new market at pace hiring a local team, building strategic partnerships and adapting our platform to meet the specific needs of operators. We’re looking forward to supporting businesses that want to lead on compliance, player safety and user experience as the market matures."
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Yaspa—London, UKDiscerning Capital + 2 others
£7.7M
The funding round was led by Discerning Capital, the Raine Group, and Play Ventures.
"As investors focused on the global gaming industry, we are incredibly excited to partner with the Midnite team who have built one of the most compelling challenger brands anywhere in the world."
Discerning Capital + 4 others