Singaporean B2B neobank Aspire

Singaporean B2B neobank Aspire secured $100M in Series C funding led by Lightspeed and Sequoia Capital SEA.

The firm aims to use the funds to back its expansion across Southeast Asia by backing product development and growing its headcount.

Aspire facilitates international payment, invoice automation, corporate cards, multi-currency management, and other financial services for businesses.
Over 15,000 businesses leverage Aspire's platform.
It reported annualized payment volumes of $12B, triple the previous year.
The current funding round saw backing from Paypal, Tencent, LGT Capital Partners, and others.
The firm doubled its valuation, per CEO Andrea Baronchelli.
Aspire has over 400 employees across Indonesia, Singapore, Vietnam, and India.
The firm raised $200M in venture funding prior to the current round.