Back to Startups

Aspora

About Aspora

Aspora provides financial tools, including remittance services, tailored for the Indian diaspora, facilitating seamless money transfers and financial management.

Business Information
Target Customers
consumers Indian diaspora international students
Industry Categories
Accounting/Finance International & Crossborder
Business Model
Revenue Model transaction fees and subscription services
Pricing Strategy Pay-per-use and tiered subscription
Sales Channels direct, partnerships with banks and financial institutions
Funding Timeline
Round Date Amount Investors
Series B Jun 17, 2025 $93.0M Unknown
Seed Jun 16, 2025 $93.0M Sequoia Capital, GreylockVC
Series B Jun 16, 2025 $50.0M Sequoia Capital, Greylock, Hummingbird +2 more
Founders
P
Parth Garg

Founder & CEO

Investors
G
Greylock

Venture Capital

G
GreylockVC

Venture Capital

H
Hummingbird

Investor

S
Sequoia Capital

Venture Capital

Y
Y Combinator

Venture Capital

Recent Mentions
Techmeme
Techmeme @Techmeme
Jun 16, 2025

Aspora, which makes financial tools like remittance services for the Indian diaspora, raised a $50M Series B co-led by Sequoia and Greylock at a $500M valuation (@indianidle / TechCrunch) https://t.co/myekYdXBEr https://t.co/xw93mVyM27 https://t.co/ZOzeer2dpR

akshay__mehra
Akshay Mehra @akshay__mehra
Jun 16, 2025

Aspora (fka Vance) just announced their total raise of $93m across seed + series A/B. Welcome to new partners @sequoia @GreylockVC What a privilege it's been to work with Parth and co. We've been fortunate to be partners since Day 1 and we're confident the best is yet to come. https://t.co/FHDnYMS9rv

VCCEdge
VCCEdge @VCCEdge
Jun 16, 2025

Aspora, a cross-border financial technology company formerly known as Vance, has raised $50 million in a Series B funding round co-led by Sequoia and Greylock. The round saw participation from Hummingbird, Quantum Light Ventures, and Y Combinator. According to Aspora, it has https://t.co/LnQQEy1IG9

bizheadline_in
Business Headline @bizheadline_in
Jun 16, 2025

Aspora (formerly Vance) raises $50M Series B led by Sequoia & Greylock, hitting a $500M valuation! Focused on NRI remittances, the YC-backed startup has processed $2B+ so far! 🌍📷 https://t.co/ViyrwDgC5G #Fintech #StartupIndia #Aspora #Remittance #FundingNews #AsporaFunding

samboboev
Sam Boboev @samboboev
Jun 17, 2025

🔥 FINTECH: @get_aspora Raises $93M in Series B to Revolutionize Banking for Global Indians Aspora today announced the successful close of a $93 million Series B funding round—capping a total of three rounds—all dedicated to its mission of modernizing cross-border banking for https://t.co/9Pfqbpr7CO

EntrepreneurIND
@EntrepreneurInd @EntrepreneurIND
Jun 17, 2025

#UPDATE Fintech startup Aspora (formerly Vance) has successfully raised USD 53 million in Series B funding, co-led by Sequoia Capital and Greylock, bringing its total funding to $99 million and valuing the company at USD 500 million. The round also saw participation from https://t.co/ScRLSzCvp8

TradedVC
Traded: Venture Capital @TradedVC
Jun 17, 2025

Aspora, a fintech startup founded by Parth Garg, has raised $50 million in Series B funding co-led by Sequoia and Greylock, with participation from Hummingbird, Quantum Light Ventures, and Y Combinator. Former... https://t.co/JGNOEzFCs6