A significant portion of the money raised will go directly to further developing the Aspire app. This one-stop-shop finance app includes invoice management, payroll, accounting, credit solutions FX, and banking services. Currently, the app serves over 10,000 accounts, which together transact approximately $2 billion annually.
Unlike many well-known Asian super apps, Aspire’s services target startups and small- to medium-sized enterprises. As a result, the all-in-one platform intends to be a super app for growing businesses, not a personal finance app for everyday consumers. This places the company in a unique position within the Southeast Asian market, which is becoming increasingly crowded with universal super app solutions.
Image Credit: Aspire
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