Aspire, dubbed the “finance operating system (OS) for businesses”, announced today (Feb 14) that it has closed an oversubscribed Series C funding round, raising US$100 million from a group of investors that include Lightspeed, Sequoia Capital SEA, Paypal Ventures, LGT Capital Partners, Picus Capital, and Mass Mutual Ventures.
Aspire, which was founded in 2018, has grown in popularity in Southeast Asia, with its platform offering businesses a suite of financial services including international payments, corporate cards, payable and receivable management, and other services, all accessible through a single, easy-to-use account.
The company’s recent tripled annualised payment volume, exceeding US$12 billion, has confirmed its growing appeal across the region, and this latest round of funding will allow Aspire to expand its product offering and regional presence, whilst also increasing its workforce to continue its innovations within the industry.
We are excited to partner with world-class investors to bring finance back to the driving seat of new-age businesses in SEA. From…