July 16, 2024

IPO News

Fintech Aspire Doubles Valuation With $100m Series C Funding

When we first enter 2023, Fintech news states that various firms will face the formidable task of raising capital. While some were successful in January, Fintech Aspire has gotten the month off to a strong start in Singapore.

The payments firm just received $100 million in series C fundraising, nearly doubling its series B financing in a far more competitive market. (Although, it did receive a $100 million debt financing payment the next day).

IPO reports indicate that Aspire has doubled its valuation and is putting in its cash by filling a number of executive positions with new Fintech hiring. Ten positions in engineering and product are among Aspire’s 44 available positions. There is a need for a sales manager and a revenue operations manager.

Previous work experience at Grab is likely beneficial if you apply for a job there. Jocelyn Yo, a sales development representative, and Mei Yu Lim, a regional talent acquisition manager, both joined Meta from Singapore Fintech’s financial behemoth Grab.

Experience working at a bank is also a plus. In January, Aspire hired Anthony Tan, a credit trader with expertise at Standard Chartered and the digital bank Revolut, to serve as a planning and strategy analyst.

Glassdoor reviewers generally gave Aspire 4.1 stars in 2023, but opinions were more negative than positive. Reviews from late January caution that “the firm treats employees extremely horribly” and that “a catastrophe happens virtually every day,” while more recent evaluations describe the organization as “friendly and welcoming.”

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