Aspire valuation, funding and investors

Aspire works in business financial solutions platform development, based in Singapore. Founded in 2018, it has about 1,070 employees.

Payment Processing & Point of Sale Singapore Growth Equity

VALUATION · TODAY

$930M −6% after Growth

Range $196M – $1.41B · Grade C

TODAY

+12 MO

$2.00B

$4.00B

$6.00B

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series A $32.5M

Series B $158M

Series C $430M

Growth $79.0M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY1,112 employees

+0%6m growth

+6%1y growth

+48%2y growth

500

1,000

1,500

Data from Oct 2023

TODAY

Predicted in 1 yr $878M −6% vs today

Predicted next raise $96.2M if a round comes

Winding-down probability 0%

Last round: Growth · $79.0M · Jan 2024
Valuation at last round: $763M · implied
Headcount: 1,112 · flat
Grade: C
Founded: 2018

How VCMC values companies →

Aspire valuation today

VCMC values Aspire at $930M today, with a range of $196M to $1.4B and a grade of C. The valuation starts from its last funding round, a growth round in Jan 2024.

Valuation by date (111 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Aspire: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2018	$4.55M	$1.66M – $12.5M	$6.24M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$4.67M	$1.70M – $12.8M	$6.41M (+37%)	before first round	–	unknown	D	0%
1 Mar 2018	$4.79M	$1.74M – $13.2M	$6.56M (+37%)	before first round	–	unknown	D	0%
1 Apr 2018	$4.92M	$1.79M – $13.5M	$6.74M (+37%)	before first round	–	unknown	D	0%
1 May 2018	$5.05M	$1.84M – $13.9M	$6.92M (+37%)	before first round	–	unknown	D	0%
1 Jun 2018	$5.18M	$1.89M – $14.2M	$7.11M (+37%)	before first round	–	unknown	D	0%
1 Jul 2018	$5.32M	$1.94M – $14.6M	$7.29M (+37%)	before first round	–	unknown	D	0%
1 Aug 2018	$5.46M	$1.99M – $15.0M	$7.37M (+35%)	before first round	–	unknown	D	0%
1 Sep 2018	$5.61M	$2.04M – $15.4M	$7.43M (+32%)	before first round	–	unknown	D	0%
1 Oct 2018	$5.76M	$2.10M – $15.8M	$7.50M (+30%)	before first round	–	unknown	D	0%
1 Nov 2018	$5.92M	$2.15M – $16.3M	$7.57M (+28%)	before first round	–	unknown	D	0%
1 Dec 2018	$6.07M	$2.21M – $16.7M	$7.64M (+26%)	before first round	–	unknown	D	0%
1 Jan 2019	$6.24M	$2.27M – $17.1M	$7.71M (+24%)	before first round	–	unknown	D	0%
1 Feb 2019	$6.41M	$2.33M – $17.6M	$7.78M (+21%)	before first round	–	unknown	D	0%
1 Mar 2019	$6.56M	$2.39M – $18.0M	$7.84M (+19%)	before first round	–	unknown	D	0%
1 Apr 2019	$6.74M	$2.45M – $18.5M	$7.91M (+17%)	before first round	–	unknown	D	0%
1 May 2019	$6.92M	$2.52M – $19.0M	$7.98M (+15%)	before first round	–	unknown	D	0%
1 Jun 2019	$7.11M	$2.59M – $19.5M	$8.06M (+13%)	before first round	–	unknown	D	0%
1 Jul 2019	$7.29M	$2.66M – $20.0M	$8.13M (+11%)	before first round	–	unknown	D	0%
1 Aug 2019	$157M	$103M – $430M	$283M (+80%)	after a round	–	unknown	C	0%
2 Aug 2019	$157M	$103M – $430M	$283M (+80%)	after a round	–	unknown	C	0%
1 Sep 2019	$165M	$103M – $430M	$283M (+71%)	after a round	–	unknown	C	0%
1 Oct 2019	$173M	$103M – $430M	$283M (+63%)	after a round	–	unknown	C	0%
1 Nov 2019	$182M	$103M – $430M	$283M (+55%)	after a round	–	unknown	C	0%
1 Dec 2019	$191M	$103M – $430M	$283M (+48%)	after a round	–	unknown	C	0%
1 Jan 2020	$201M	$103M – $430M	$283M (+41%)	after a round	–	unknown	C	0%
1 Feb 2020	$211M	$103M – $430M	$283M (+34%)	after a round	–	unknown	C	0%
1 Mar 2020	$221M	$103M – $430M	$283M (+28%)	after a round	–	unknown	C	0%
1 Apr 2020	$233M	$103M – $430M	$283M (+22%)	after a round	–	unknown	C	0%
1 May 2020	$244M	$103M – $430M	$283M (+16%)	after a round	–	unknown	C	0%
1 Jun 2020	$256M	$103M – $430M	$283M (+10%)	after a round	–	unknown	C	0%
1 Jul 2020	$269M	$103M – $430M	$283M (+5%)	after a round	–	unknown	C	0%
1 Aug 2020	$283M	$103M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Sep 2020	$283M	$97.9M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Oct 2020	$283M	$93.2M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Nov 2020	$283M	$88.6M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Dec 2020	$283M	$84.3M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Jan 2021	$283M	$80.1M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Feb 2021	$283M	$76.2M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Mar 2021	$283M	$72.7M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Apr 2021	$283M	$69.1M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 May 2021	$283M	$65.8M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Jun 2021	$283M	$62.5M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Jul 2021	$283M	$59.5M – $430M	$283M (0%)	after a round	–	unknown	C	0%
1 Aug 2021	$283M	$56.6M – $430M	$283M (0%)	after a round	–	unknown	D	0%
1 Sep 2021	$283M	$53.8M – $430M	$283M (0%)	after a round	–	unknown	D	0%
27 Sep 2021	$824M	$580M – $1.8B	$1.2B (+50%)	after a round	–	unknown	B	0%
1 Oct 2021	$828M	$580M – $1.8B	$1.2B (+49%)	after a round	–	unknown	B	0%
1 Nov 2021	$857M	$580M – $1.8B	$1.2B (+44%)	after a round	–	unknown	B	0%
1 Dec 2021	$886M	$580M – $1.8B	$1.2B (+39%)	after a round	–	unknown	B	0%
1 Jan 2022	$917M	$580M – $1.8B	$1.2B (+35%)	after a round	–	unknown	B	0%
1 Feb 2022	$949M	$580M – $1.8B	$1.2B (+30%)	after a round	–	unknown	B	0%
1 Mar 2022	$979M	$580M – $1.8B	$1.2B (+26%)	after a round	–	unknown	B	0%
1 Apr 2022	$1.0B	$580M – $1.8B	$1.2B (+22%)	after a round	–	unknown	B	0%
1 May 2022	$1.0B	$580M – $1.8B	$1.2B (+18%)	after a round	–	unknown	B	0%
1 Jun 2022	$1.1B	$580M – $1.8B	$1.2B (+14%)	after a round	–	unknown	B	0%
1 Jul 2022	$1.1B	$580M – $1.8B	$1.2B (+10%)	after a round	–	unknown	B	0%
1 Aug 2022	$1.2B	$580M – $1.8B	$1.2B (+6%)	after a round	–	unknown	B	0%
1 Sep 2022	$1.2B	$580M – $1.8B	$1.2B (+3%)	after a round	–	unknown	B	0%
1 Oct 2022	$1.2B	$576M – $1.8B	$1.2B (0%)	after a round	–	unknown	B	0%
1 Nov 2022	$1.2B	$551M – $1.8B	$1.2B (0%)	after a round	–	unknown	B	0%
1 Dec 2022	$1.2B	$528M – $1.8B	$1.2B (0%)	after a round	–	unknown	B	0%
1 Jan 2023	$1.2B	$506M – $1.8B	$1.2B (0%)	after a round	–	unknown	C	0%
1 Feb 2023	$2.6B	$1.8B – $4.7B	$3.3B (+30%)	after a round	–	unknown	B	0%
2 Feb 2023	$2.6B	$1.8B – $4.7B	$3.3B (+30%)	after a round	–	unknown	B	0%
1 Mar 2023	$2.6B	$1.8B – $4.7B	$3.3B (+27%)	after a round	–	unknown	B	0%
1 Apr 2023	$2.7B	$1.8B – $4.7B	$3.3B (+25%)	after a round	–	unknown	B	0%
1 May 2023	$2.7B	$1.8B – $4.7B	$3.3B (+22%)	after a round	–	unknown	B	0%
1 Jun 2023	$2.8B	$1.8B – $4.7B	$3.3B (+19%)	after a round	–	unknown	B	0%
1 Jul 2023	$2.9B	$1.8B – $4.7B	$3.3B (+17%)	after a round	–	unknown	B	0%
1 Aug 2023	$2.9B	$1.8B – $4.7B	$3.3B (+14%)	after a round	–	unknown	B	0%
1 Sep 2023	$3.0B	$1.8B – $4.7B	$3.3B (+12%)	after a round	–	unknown	B	0%
1 Oct 2023	$3.1B	$1.8B – $4.7B	$3.3B (+9%)	after a round	630	unknown	B	0%
1 Nov 2023	$3.1B	$1.8B – $4.7B	$3.3B (+7%)	after a round	630	unknown	B	0%
1 Dec 2023	$3.2B	$1.8B – $4.7B	$3.3B (+5%)	after a round	630	unknown	B	0%
1 Jan 2024	$3.3B	$1.8B – $4.7B	$3.3B (+2%)	after a round	630	unknown	B	0%
30 Jan 2024	$763M	$502M – $1.3B	$840M (+10%)	after a round	630	unknown	B	0%
1 Feb 2024	$764M	$502M – $1.3B	$840M (+10%)	after a round	630	unknown	B	0%
1 Mar 2024	$770M	$502M – $1.3B	$840M (+9%)	after a round	700	up	B	0%
1 Apr 2024	$776M	$502M – $1.3B	$840M (+8%)	after a round	700	up	B	0%
1 May 2024	$782M	$502M – $1.3B	$840M (+7%)	after a round	700	up	B	0%
1 Jun 2024	$788M	$502M – $1.3B	$840M (+6%)	after a round	700	up	B	0%
1 Jul 2024	$795M	$502M – $1.3B	$840M (+6%)	after a round	700	up	B	0%
1 Aug 2024	$807M	$509M – $1.3B	$852M (+6%)	after a round	750	up	B	0%
1 Sep 2024	$815M	$509M – $1.3B	$852M (+5%)	after a round	750	up	B	0%
1 Oct 2024	$822M	$509M – $1.3B	$852M (+4%)	after a round	750	up	B	0%
1 Nov 2024	$851M	$526M – $1.3B	$881M (+4%)	after a round	870	growing	B	0%
1 Dec 2024	$861M	$526M – $1.3B	$881M (+2%)	after a round	870	growing	B	0%
1 Jan 2025	$871M	$526M – $1.3B	$881M (+1%)	after a round	870	growing	B	0%
1 Feb 2025	$881M	$526M – $1.3B	$881M (0%)	after a round	870	growing	B	0%
1 Mar 2025	$881M	$522M – $1.3B	$881M (0%)	after a round	870	growing	B	0%
1 Apr 2025	$881M	$518M – $1.3B	$881M (0%)	after a round	870	growing	B	0%
1 May 2025	$881M	$484M – $1.3B	$881M (0%)	after a round	870	up	B	0%
1 Jun 2025	$881M	$471M – $1.3B	$881M (0%)	after a round	870	up	B	0%
1 Jul 2025	$915M	$526M – $1.4B	$915M (0%)	after a round	1,037	growing	B	0%
1 Aug 2025	$917M	$523M – $1.4B	$917M (0%)	after a round	1,047	growing	B	0%
1 Sep 2025	$917M	$519M – $1.4B	$917M (0%)	after a round	1,047	growing	B	0%
1 Oct 2025	$917M	$516M – $1.4B	$917M (0%)	after a round	1,047	growing	B	0%
1 Nov 2025	$919M	$513M – $1.4B	$919M (0%)	after a round	1,057	growing	B	0%
1 Dec 2025	$922M	$511M – $1.4B	$922M (0%)	after a round	1,073	growing	B	0%
1 Jan 2026	$922M	$507M – $1.4B	$922M (0%)	after a round	1,073	growing	B	0%
1 Feb 2026	$922M	$479M – $1.4B	$922M (0%)	after a round	1,073	growing	B	0%
1 Mar 2026	$922M	$354M – $1.4B	$920M (0%)	after a round	1,073	up	C	0%
1 Apr 2026	$930M	$345M – $1.4B	$926M (0%)	after a round	1,112	up	C	0%
1 May 2026	$930M	$334M – $1.4B	$925M (0%)	after a round	1,112	up	C	0%
1 Jun 2026	$930M	$249M – $1.4B	$906M (-3%)	after a round	1,112	flat	C	0%
1 Jul 2026	$930M	$237M – $1.4B	$900M (-3%)	after a round	1,112	flat	C	0%
1 Aug 2026	$930M	$225M – $1.4B	$894M (-4%)	after a round	1,112	flat	C	0%
1 Sep 2026	$930M	$214M – $1.4B	$888M (-4%)	after a round	1,112	flat	C	0%
1 Oct 2026	$930M	$204M – $1.4B	$882M (-5%)	after a round	1,112	flat	C	0%
24 Oct 2026	$930M	$196M – $1.4B	$878M (-6%)	after a round	1,112	flat	C	0%

Key facts about Aspire

Founded: 2018
Headquarters: Singapore
Employees: about 1,070 +23% in a year
Total raised: $700M
Funding rounds: 4
Last round: Growth Equity Jan 2024

Aspire was founded in 2018 by Andrea Baronchelli, Gio and Giovanni Casinelli.

Aspire funding history

Aspire has 4 funding rounds on record, from Aug 2019 to Jan 2024, $700M in total. None disclosed a valuation.

Growth Equity 29 Jan 2024
Investors not disclosed.
Sources: venturesouq.com, fintechnews.sg
$79M
Series C 1 Feb 2023
With Perplexity.
Sources: aspireapp.com
$430M
Series B 26 Sep 2021
Led by DST Global; with CE Innovation Fund, B Capital Partners, Fasanara Capital, Hummingbird VC, MassMutual Ventures, Picus Capital, AFG Partners. Individuals: Taavet Hinrikus, Alexandre Prot, Steve Anavi, Pierpaolo Barbieri, Moses Lo, Hendra Kwik, Gerry Colyer.
Sources: digitalcfoasia.com
$158M
Series A 1 Aug 2019
Led by MassMutual Ventures; with Arc Labs, Y Combinator, Hummingbird VC, Picus Capital.
Sources: asiatechdaily.com, fintechnews.sg, fintechfutures.com and 3 more
$33M

Aspire investors

11 investors have backed Aspire; MassMutual Ventures and DST Global led at least one round.

DST Global lead
Arc Labs
CE Innovation Fund
Perplexity
Y Combinator

What Aspire does

Aspire works in payment processing & point of sale, with 14 recorded offerings and customers in financial technology, ecommerce, marketing and investment.

Aspire FT Pte. Ltd. is a Singaporean financial technology company that provides financial solutions for businesses, including multi-currency business accounts, corporate cards, expense and payroll management, treasury and receivables management, and CFO suite services. The company also offers yield management solutions and a platform for integrating with third-party financial tools. Aspire serves a global client base, including startups, SMEs, mid-sized companies, and large corporations, and operates in multiple countries with offices in Singapore, Hong Kong, and the United States. The company is certified for compliance with relevant financial regulations and maintains partnerships with financial institutions and ecosystem partners.

Description from Veridion's company data.

Products and services

Business Financial Solutions Platform Development
Multi-Currency Account Management Services
Corporate Card Issuance and Management
Expense and Payable Management Services
Treasury and Liquidity Management Solutions
Payroll Management Services
CFO Suite Solutions
Yield Management Solutions
Third-Party Financial Integration Services
AI-Powered Financial Insights Services
Cross-Border Payment Solutions
Spend and Receivables Management Services
Financial Management Platform Development
Business Growth Acceleration Services

Markets

Financial Technology
eCommerce
Marketing
Investment
Nonprofit
Startups
SMEs
Mid-Sized Companies
Global Corporations

Technology

AI-Powered Finance
Real-Time Insights

Business model

Business-to-Business
Software-as-a-Service
Subscription-Based
Enterprise

Industry codes (NAICS)

522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities 50% match
522110 Commercial Banking 30% match
541511 Custom Computer Programming Services 20% match

Questions about Aspire

What is Aspire worth?

Valuation $930M (range $196M to $1.4B), as of 24 Oct 2026.

Has Aspire raised money?

Aspire has 4 funding rounds on record, from Aug 2019 to Jan 2024, $700M in total. None disclosed a valuation.

Who has invested in Aspire?

MassMutual Ventures, DST Global, Hummingbird VC, Picus Capital, AFG Partners and Arc Labs, and 5 more. Lead investors include MassMutual Ventures and DST Global.

How many people work at Aspire?

About 1,070, up 23% over the last year. Headcount grew from 630 in Oct 2023 to 1,112 in Apr 2026.

What does Aspire do?

Aspire works in payment processing & point of sale, with 14 recorded offerings and customers in financial technology, ecommerce, marketing and investment. Its main offerings are business financial solutions platform development, multi-currency account management services and corporate card issuance and management.

When was Aspire founded, and where is it based?

Aspire was founded in 2018 and is based in Singapore. It has about 1,070 employees, up 23% over the last year.

How we value companies Report an issue