2 minute read | July.02.2025
Aspora, the global fintech that helps the Indian diaspora around the world transfer money back to India and make international payments more efficiently and at lower costs, raised $53 million of Series B funding led by Sequoia Capital and Greylock. This follows the company’s Series A funding round announced last November, also led by Sequoia.
Orrick advised Aspora on both financing rounds.
With its headquarters in London and offices in Dubai and Bengaluru, Aspora provides customers across the UK, UAE and EU with access to the entire banking stack wherever they travel and offers zero-cost, real-time payments across countries, enabling consumers to bank across boundaries using a single interface.
This funding allows Aspora to expand faster into new markets, including the U.S., Australia and Singapore, develop innovative products that serve their community's evolving needs, and continue building the financial infrastructure that diaspora communities deserve.
"Aspora is bringing diaspora banking into the modern age, enabling many millions to participate in the growth stories of their home countries. We were proud to be among Aspora's first believers by leading their Series A late last year and after seeing the team drive payment volume to $2B, we're excited to double down and co-lead their Series B as they scale and expand into the U.S., Canada and Europe,” said Luciana Lixandru of Sequoia Capital.
The Orrick team that advised Aspora was led by John Bautista and included Jake Wyrick and Kyle Amendt Shimomura.