He noticed a need.
He saw a gap Aspire can close.
That is why we are confident in what we do.
As a former EVP and CMO for Lazada, our founder believes that the problems small business owners were facing could be solved: providing business credit line up to $150k without long waits, paperworks and hidden fees. Took us less than 2 year to already operate in 4 different countries across South East Asia. Aspire’s core mission to reinvent the banking industry has been helping small businesses in Singapore, Indonesia, Thailand and Vietnam.
Watch the short interview with Andrea Baronchelli to be inspired with the idea around Aspire. From how it first started to what the future of banking industry for SMEs will look like:
As one of the first neobanking platform in Singapore, we are proud to announce that we have raised US$32.5 million and ready to support more businesses. “Aspire has a 30% monthly growth since the company was found,” said Andrea Baronchelli. “We expect to open more than 100,000 business accounts by next year. We are extremely excited about the problem we are solving for this fast growing generation of digital entrepreneurs in Southeast Asia,”
Psst… you may also be interested in: How to Prepare for 11.11: Tips from Former Lazada Executives?
At Aspire, we envision a world where business owners have fast and simple access to the funding they need to grow. That’s why we’re on a mission to re-invent banking for SMEs across SouthEast Asia. Our current product provides SME and startup owners in Singapore with financial flexibility though a line of credit of up to S$150k, which can also be used to make business payments to enjoy 60 days free credit terms. With no monthly fees or obligations to withdraw, you only pay interest on the amount you end up using. Opening an account is free and can be done online here.