ASPIRE is a Y-Combinator backed technology organisation that serves small businesses with convenient & inclusive financial services.
Aspire provides interest free credit line to solve the working capital needs of small and medium businesses.
Aspire was founded in January 2018 by Andrea Baronchelli, Giovanni Casinelli, & Joel Leong and is headquartered in Singapore. Aspire is the trade name of Aspire Financial Technologies Pte. Ltd., a fully owned subsidiary of Aspire Financial Technologies Holdings Inc., a Delaware (US) Corporation.
Aspire's goal is to provide business owners with fast and simple access to the funding they need to grow. It provides SMEs with a 60-day, interest free credit line of up to S$100,000 to solve their working capital needs.
Aspire is backed by Y Combinator, MassMutual Ventures, Hummingbird Ventures, & Picus Capital among others. The company raised $32.5M in it's latest funding of a "Series A" extension round on Aug 1, 2019. This brings Aspire's total funding to $74M to-date.