The mobile payments and loyalty platform Yoyo today announced its U.S. launch plans.

According to the announcement on TechCrunch, the London-based company has been quietly rolling out with a private beta to a handful of U.S. partners.

Yoyo plans a full, public launch in the U.S. in Q1 2016.

The company first piloted its mobile wallet at Imperial College in London, and has since expanded to 15 more British universities, as well as other closed environments, such as airlines and cafeterias. Yoyo processes 200,000 transactions per month, which makes it the U.K.’s second most popular mobile payments app.

In April 2015, Yoyo raised $10 million from Imperial Innovations (an affiliate of Imperial College), and individual investors Taavet Hinrikus, Philip Riese, and Michael Tobin. In all, the company’s funding totals $24 million.

Yoyo debuted at FinovateEurope 2015 in London. Check out its live demo video or Finovate Debuts feature to learn more.

Want to see more European fintech? Tickets to FinovateEurope 2016 are available at a discounted price through 8 January. Register today to save.