B2B fintech Aspire has announced its profitability, following a successful Series C funding round. Aspire provides a comprehensive finance operating system for businesses and has seen significant growth, serving over 15,000 businesses in Southeast Asia and APAC. The company has tripled its revenues in the past year and aims to expand further across the region.
Facts
- Aspire has reached profitability, setting a new industry standard for sustainable growth.
- It serves over 15,000 businesses in Southeast Asia and APAC, with over 5,000 based in Indonesia.
- Customers of Aspire include Air Asia, Carousell, Love Bonito, Endowus, and Tech In Asia.
- Aspire’s range of products includes corporate cards, multi-currency business accounts, FX payments, payroll, and expense management.
- In the past 12 months, Aspire has tripled its yearly revenues and achieved profitability in Q2 2023, with $15 billion of annualized total payment volumes.
- Aspire is backed by global venture capital firms such as Sequoia, Lightspeed, and Y-Combinator.
- The company plans to expand across APAC and currently has 400 employees with over 50 open positions.
