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Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA
source link: https://fintechranking.com/2023/02/14/singapore-based-neobank-aspire-raises-100m-from-lightspeed-and-sequoia-sea/
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Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA
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.
Founded in 2018 to provide working capital loans for small to medium-sized businesses, Aspire began offering more services, including bank accounts for cross-border businesses, corporate cards, payable and receivable management and automated invoice processing connected to financial management software.
Read more: TechCrunch
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