Aspora - About the company
Aspora is a series B company based in London (United Kingdom), founded in 2022 by Parth Garg. It operates as a Provider of digital platforms for international money transfer and banking. Aspora has raised $99M in funding from investors like Sequoia Capital, Hummingbird Ventures and Greylock Partners. The company has 335 active competitors, including 35 funded and 23 that have exited. Its top competitors include companies like NALA, WorldRemit and WireBarley.
Company Details
Provider of digital platforms for international money transfer and banking. The service facilitates cross-border remittances and enables the management of financial accounts. Users access tools for currency exchange and automated payment processing. The platform integrates security protocols to monitor transactions and protect financial data.
- Website
- www.aspora.com/
- Email ID
- *****@aspora.com
- Registered Address
- OFFICE 8, MERRION BUSINESS CENTRE,58, HOWARD STREET,BELFAST,NORTHERN IRELAND,BT1 6PJ
Key Metrics
Founded Year
2022
Location
London, United Kingdom
Stage
Series B
Total Funding
$99M in 4 rounds
Latest Funding Round
Investors
Ranked
7th among 335 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
225 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Aspora
Aspora is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Unmortgage Ltd CIN: 10395239 , United Kingdom, Active | Sep 27, 2016 | - | 19 (As on Jun 30, 2025) | |
REAL TRANSFER LIMITED CIN: NI065249 , United Kingdom, Active | Jun 14, 2007 | £10M - £50M (As on Dec 31, 2025) | 2 (As on Dec 31, 2024) | |
VANCE TECHLABS PRIVATE LIMITED CIN: U66301KA2021PTC172240 , India, Under liquidation | Dec 27, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | 30 (As on Jul 31, 2024) |
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Aspora's funding and investors
Aspora has raised a total funding of $99M over 4 rounds. Its first funding round was on Oct 03, 2022. Its latest funding round was a Series B round on Jun 15, 2025 for $*****. 10 investors participated in its latest round. Aspora has 8 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Aspora:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 15, 2025 | 4669863 | Series B | 5410486 | 8154583 | 2429788 | 6599970 |
Dec 2024 | 2427890 | Series A | 4053359 | 7089997 | 1794609 | |
Sep 2024 | 9024090 | Seed | 7763237 | 1793993 | 1274095 |
View details of Aspora's funding rounds and investors
Aspora's founders and board of directors
Founder? Claim ProfileThe founders of Aspora is Parth Garg. Parth Garg is the CEO of Aspora.
Here are the details of Aspora's key team members:
- Parth Garg: Founder & CEO of Aspora and founder of 3 other companies, Vance, Vance and Grocamie. Contact Info: 2 email addresses
Aspora's Board of Directors
Aspora's board has 2 active members. Parth Garg is part of team and Rahul Bakshi is independent board member.Here is the list of Aspora's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
uicytxx | Team | - | Past | 6y 2m |
Independent board member | - | Current | 3y 4m |
View details of Aspora's Founder profiles and Board Members
Aspora's employee count trend
Aspora has 225 employees as of Aug 26. Here is Aspora's employee count trend over the years:
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Aspora's Competitors and alternates
Top competitors of Aspora include NALA, WorldRemit and WireBarley. Here is the list of Top 10 competitors of Aspora, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online cross-border remittance platform for individuals | $50.2M | 73/100 | ||
2nd | WorldRemit 2010, London (United Kingdom), Series D | Digital money transfer service sending funds quickly across borders | $365M | 72/100 | |
3rd | WireBarley 2016, Seoul (South Korea), Series B | Online platform for cross-border money transfer | $16M | 70/100 | |
4th | BookMyForex 2011, Gurugram (India), Acquired | Online Money Exchange and Remittances | $5.59M | 69/100 | |
5th | Moin 2016, Seoul (South Korea), Series A | Blockchain-based remittance service. | $2.42M | 67/100 | |
6th | International money transfer service provider. | - | 66/100 | ||
7th | Aspora 2022, London (United Kingdom), Series B | Provider of digital platforms for international money transfer and banking | $99M | 64/100 | |
8th | Viamericas 1999, Bethesda (United States), Series B | Remittance service in Latin America. | $18.6M | 63/100 | |
9th | Azimo 2012, Amsterdam (Netherlands), Acquired | Banking channel for cross-border money transfers | $68.8M | 60/100 | |
10th | Pangea Money Transfer 2012, Chicago (United States), Acquired | Fast, secure, and affordable international money transfers you can trust | $20.4M | 59/100 |
Looking for more details on Aspora's competitors? Click here to see the top ones
Aspora's Investments and acquisitions
Aspora has a total of 1 investment in Shivalik Small Finance Bank. Aspora has not made any acquisitions as of now.Reports related to Aspora
Here is the latest report on Aspora's sector:
News related to Aspora
Media has covered Aspora for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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Former Paytm exec Varun Sridhar joins Aspora as CEO for wealth and lendingEntrackr•Dec 05, 2025•Paytm Money, Aspora
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Aspora Secures $53 Million in Series B Funding Led by Sequoia and GreylockSMEStreet.in•Jun 17, 2025•Aspora, Sequoia Capital, Greylock Partners, QuantumLight
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Aspora Secures $50M from Sequoia to Develop Remittance and Banking Solutions for Indian DiasporaTechCrunch+•Jun 16, 2025•Sequoia Capital, Aspora, Greylock Partners, Y Combinator and 2 others
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