Founded in 2018, Aspire is backed by venture capital (VC) firms such as Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In its Series C round of funding in 2023, Aspire raised over US$100 million ($133.4 million), doubling its valuation and achieving profitability just three months after.
Aspire, a Singapore headquartered finance platform, announced that it has received in-principle approval (IPA) for the major payment institution (MPI) licence from the Monetary Authority Singapore (MAS).
Aspire is a finance platform that helps companies with international payments, expense management, payable management and receivable management solutions,
