Fintech Super App Aspora Raises $93 Million To Transform Banking For Global Indians.
- Menlo Times

- Jun 17
- 1 min read

Founded by Stanford dropout Parth Garg, Aspora has raised $93 Million across 3 funding rounds through investors including Sequoia Capital, Greylock Partners, Hummingbird Ventures, Soma Capital, Global Founders Capital, and Y Combinator and angel investors including Quantum Light, Balaji Srinivasan (Ex-CTO of Coinbase), Sundeep Jain (Ex-CPO of Uber), Prasanna Sankar (Co-founder of Rippling), and Chad West (ex-CMO at Revolut).
Over 250,000 NRIs now use Aspora to send money, with total remittance volume surging to over $2B—up from $400M just six months ago. The platform has helped users save more than $15M in fees compared to traditional remittance providers.
With headquarters in London and offices in Dubai and Bengaluru, Aspora already supports users across the UK, UAE, and EU. Expansion continues with a U.S. launch set for July, followed by Canada, Australia, and Singapore later this year.
Aspora is evolving beyond remittances into a full financial ecosystem built for the needs of diaspora communities—enabling seamless cross-border banking, diversified investing, and access to credit and insurance products tailored for global lives.



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