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Singapore-Based Neobank Aspire Raises $100M From Lightspeed And Sequoia Sea

Feb 14, 2023almost 3 years ago

Amount Raised

$100 Million

SingaporeUx Design

Investors

Lgt Capital PartnersTencentPaypalSequoia Capital SeaLightspeed

Description

Aspire, the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. Investors included Lightspeed and Sequoia Capital SEA, along with Paypal, Tencent, LGT Capital Partners and returning investors.

Company Information

Company

Aspire

Location

Singapore

About

Aspire is the all-in-one finance operating system for new age businesses. We help companies save time and money with borderless payments, corporate cards, expense management, and more. Our mission is to empower the next generation of entrepreneurs with the financial tools they need to realize their company’s full potential. Headquartered in Singapore, with offices in Indonesia and Vietnam, Aspire is backed by some of the world's best VCs, including Y-Combinator, the #1 startup incubator in the world.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech