# Aspire FT Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aspire-ft-pte

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.aspireapp.com
- Total disclosed funding: $200M
- Latest round: Series C (Feb 14, 2023)
- Investors on record: 17

## About

Based in Singapore, and founded in 2017 by Andrea Baronchelli, Giacomo Ficari, Giovanni Casinelli, Joel Leong, and Stefano Pellegrino, Aspire FT Pte. Ltd. is a financial technology company that provides an e-financial platform for small businesses which also operates in also operates in Indonesia and Vietnam. In January 2024, Aspire FT Pte. Ltd. raised USD 79.15 million in venture funding from various investors.

Aspire FT Pte. Ltd. provides a financial operating system that includes services in working capital loans, digitized merchant supplier payments, and remittance services. The firm's services also include bank accounts for cross-border businesses, corporate cards, and automated invoice processing which are connected to financial management software.

The firm plans to expand into other Southeast Asian markets and add more features to its invoice management tool to make reconciling payments with account balances easier.

## Funding rounds

- Series C, Feb 14, 2023, $100M — LGT Capital Partners, Lightspeed Venture Partners, Hong Shan, Tencent Investment, MassMutual Ventures, Picus Capital, PayPal Ventures
- Series B, Sep 27, 2021, $58M — Hummingbird Ventures, Connecticut Innovations, DST Global, MassMutual Ventures, B Capital, Picus Capital, AFG Partners
- Series A, Jul 31, 2019, $33M — Hummingbird Ventures, Y Combinator, MassMutual Ventures, Picus Capital, Architect
- Seed, Jul 11, 2018, $9M — Hummingbird Ventures, Y Combinator, Insignia Ventures Partners, Stratos Technologies
- Seed, Jan 1, 2018 — Pioneer Fund

## Investors

- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Hummingbird Ventures (https://capitalatlas.ai/funds/hummingbird-ventures) — Seed, Series A, Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Seed
- Stratos Technologies — Seed
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series A, Series B, Series C
- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Series A, Series B, Series C
- Architect — Series A
- Connecticut Innovations (https://capitalatlas.ai/funds/connecticut-innovations) — Series B
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series B
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series B
- AFG Partners (https://capitalatlas.ai/funds/afg-partners) — Series B
- LGT Capital Partners (https://capitalatlas.ai/funds/lgt-capital-partners) — Series C
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series C
- Hong Shan — Series C
- Tencent Investment — Series C
- PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Series C