FinTech: Aspire, The All-In-One Finance OS, Snags $100M

February 16, 2023 | FinTech, News, Venture Capital
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Aspire is a Singapore-based fintech.

Aspire, a Singapore-based financial services provider founded in 2018, has closed an oversubscribed Series C round at $100 million. The round included investments from Lightspeed, Sequoia Capital SEA, Paypal Ventures, LGT Capital Partners, Picus Capital, and Mass Mutual Ventures. (Aspire)

Aspire offers businesses a unified suite of financial services, including international payments, corporate cards, payable and receivable management, all of which are accessible through a single account. It also offers incorporation services for startups looking to register themselves in Singapore.

It serves more than 15,000 businesses in South East Asia, and tripled its annualized total payment volumes to US$12 billion recently.

With the funding, the company plans to enhance its product offerings, expand its regional presence and team, and innovate further in the space.

The fintech aims to be a leader in the B2B fintech space in Southeast Asia, with a strong track record of growth and solid fundamentals.

“We are excited to partner with world-class investors to bring finance back to the driving seat of new age businesses in Southeast Asia,” said Andrea Baronchelli, Co-founder and CEO. “We look forward to empowering every modern business, big or small, with the right financial tools to realize their full potential.”

Related Story:  HEGG, A New Vegan Egg Product From Singapore

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