Singapore Based B2B Fintech Aspire Raises $158M

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Singapore based B2B fintech Aspire has raised $158 million in equity and debt funding to expand its integrated finance platform across South East Asia. The round comprised $58 million Series B equity funding which witnessed participation from new investors DST Global, CE Innovation Fund and B Capital as well as existing investors MassMutual Ventures, Picus Capital, AFG Partners and Hummingbird Ventures, while London based hedge fund Fasanara Capital provided $100 million debt funding.

Founded in 2018 by Andrea Baronchelli, Giacomo Ficari, Giovanni Casinelli, Joel Leong and Stefano Pellegrino, Aspire provides an integrated finance platform to businesses that allows them to handle local and international payments, expense management and invoice management in one place.

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