Aspora

Single account to manage money across the world

aspora.com

HQ: London, England, United Kingdom

51-200

Fintech

Company research

Public company, workplace, funding, and market signals

Updated Jul 29, 2026

Overview

Aspora is a cross-border fintech for the Indian diaspora (NRIs) that started with money transfers/remittances to India and is expanding into diaspora banking, bill pay, investing, and lending. The company was formerly known as Vance.

Primary product

Money transfers to India / cross-border remittances, with an expanding diaspora banking app.

Founded

2022

Headquarters

London, United Kingdom

Team size

200-300

Industry

Financial Services

Sub-industry

Cross-border payments / diaspora banking fintech

Offices

London, United Kingdom

Dubai, United Arab Emirates

Bengaluru, India

Business model

B2C remittance transaction fees

Cross-border banking / financial services

Wealth and lending products

Bill-pay / payments services

Funding

Stage

Series B

Latest round

Series B · Jun 2025

Latest amount

$53M

Series B

Jun 2025 · Sequoia Capital and Greylock Partners

$53M

Series A

Dec 2024 · Sequoia Capital

$35M

Seed extension

Sep 2024 · Hummingbird Ventures

$5M

Seed

Oct 2022 · Hummingbird Ventures

$5.8M

People & investors

Leadership

Parth Garg

Founder & CEO

Deep Diwakar

Head of Engineering

Rahul Bakshi

Group General Counsel & Board Member

Varun Sridhar

CEO, Wealth & Lending

Investors

Balaji Srinivasan

Chad West

Global Founders Capital

Work & culture

The company emphasizes extreme ownership, radical candour, customer obsession, speed, bias for execution, and building in the open.

Compensation

Public job postings repeatedly mention competitive salary, comprehensive benefits, and ESOPs; I did not find public salary bands.

Benefits

Competitive salary

Comprehensive benefits

ESOPs

High-ownership, international environment

Product & market

Pricing

Flat-fee remittances with Google-matching exchange rates; fees are shown upfront and the first transfer may be free in some markets.

Differentiators

—Google-rate exchange positioning
—No hidden fees / upfront fee disclosure
—24x7 customer support
—Diaspora-focused, corridor-by-corridor product expansion
—Public product roadmap / building in the open
—Regulated, compliance-led expansion

Technology

Mixpanel

Zoho

Snowflake

Databricks

Python

Java

Terraform

Apache services

Swift

SwiftUI

UIKit

Core Data

Core Animation

Xcode

Git

Firebase

dbt

Looker

Tableau

Amplitude

Customers

Non-resident Indians (NRIs)

Indian diaspora / global Indians

Diaspora households sending money and paying bills back home

Competitors

Remitly

Wise

Western Union

WorldRemit

NALA

Abound

Scale & contact

help@aspora.com (888) 261-7110

Signals & risks

Other

Jan 2026

Aspora Money Services Limited's DFSA licence is a restricted Innovation Testing Licence, meaning services are limited to testing and some client protections may not apply during the testing phase.

Source

Latest news

Aspora Raises $93M to Build the Future of Diaspora Banking

Aspora · Jun 2026

Official fundraising announcement describing the company’s $93M raise across three recent rounds, headquarters in London, offices in Dubai and Bengaluru, and expansion plans into the U.S., Canada, Australia, and Singapore.

Introducing the Aspora Public Product Roadmap

Aspora blog · Mar 2026

Aspora launched a public roadmap and described a broader 'building in the open' approach with community feedback and events in London and Dubai.

Aspora secures DFSA Financial Services licence (restricted testing licence)

DFSA public register · Jan 2026

The DFSA register shows Aspora Money Services Limited with a restricted Innovation Testing Licence, limited to testing certain services in the UAE.

Ex-Paytm exec Varun Sridhar joins Aspora as CEO of wealth & lending