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New Deal


Announced

Completed

Lightspeed and Sequoia Capital led a $100m Series C round in Aspire.

Financials

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Transaction Value£82m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Venture Capital

Cross Border

Friendly

Single Bidder

Completed

FinTech

Acquisition

Minority

Private Equity

Insurance Brokers

retirement solutions

retirement planning

United States

financial technology

Synopsis

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Investment firms Lightspeed and Sequoia Capital led a $100m Series C round in Aspire, a Singaporean fintech firm, with participation from Paypal Ventures, LGT Capital Partners, Picus Capital and Mass Mutual Ventures. "We are excited to partner with world-class investors to bring finance back to the driving seat of new age businesses in Southeast Asia. From delivering real-time financial data, to fast and transparent cross-border payments, to empowering business teams with world-class spend management capabilities to move fast and move right - we look forward to empowering every modern business, big or small, with the right financial tools to realize their full potential," Andrea Baronchelli, Aspire CEO.

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