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Mentions in press and media 12
| Date | Title | Description |
| 05.08.2025 | Alaan Secures $48M to Revolutionize MENA Spend Management | Dubai’s Alaan, a dominant spend management fintech, raised a significant $48 million Series A round. Peak XV Partners led the investment. Other major participants included 885 Capital, Y Combinator, and 468 Capital. This capital infusion pr... |
| 05.08.2025 | Peak XV Partners leads $48 million round in Dubai-based spend management startup Alaan | Synopsis Alaan, founded by Indian-origin Parthi Duraisamy and Karen Kurien, caters to the West Asia market. The founders of 885 Capital â Sudeep Ramnani and Jai Mahtani, Y Combinator, 468 Capital, and Pioneer Fund participated in the roun... |
| 05.08.2025 | "We Got Funded!" UAE-Based Fintech Alaan Raises a US$48 Million Series A Round The funds will accelerate Alaan's expansion in Saudi Arabia and power the next phase of its growth, focused on ... | Alaan, a UAE-based spend management platform for businesses, has raised US$48 million - reportedly one of the largest Series A funding rounds in the history of the region. The round was led by Peak XV Partners (formerly Sequoia Capital Indi... |
| 17.06.2025 | Aspora: Bridging Financial Gaps for the Indian Diaspora | In a world where borders blur and people move, financial services often lag behind. Enter Aspora, a fintech startup that aims to change the game for non-resident Indians (NRIs). With a fresh infusion of $53 million in Series B funding, Aspo... |
| 16.06.2025 | Aspora nets Series B to offer remittance, financial services to Indian diaspora | Aspora founder Parth Garg Aspora, a cross-border payments startup that provides remittance services and other products for non-resident Indians, said Monday it has closed its Series B funding round co-led by venture capital firms Sequoia Ca... |
| 16.06.2025 | Fintech startup Aspora raises $53 million to transform banking for global Indians | Aspora, a fintech startup focused on reimagining banking for immigrants, has raised $53 million in a Series B funding round co-led by Sequoia and Greylock, with Quantum Light Ventures also participating. Existing investors, including Hummin... |
| 16.06.2025 | Top Startup and Tech Funding News – June 16, 2025 | It’s Monday, June 16, 2025. Hope you had a restful weekend. We’re kicking off the week with your daily tech funding roundup—tracking the flow of venture capital and spotlighting the startups shaping tomorrow’s economy. Today’s lineup spans ... |
| 16.06.2025 | NRI-focused fintech Aspora closes $53M round to broaden reach | Aspora, a London-headquartered fintech startup focused on the banking needs of the Indian diaspora, has raised $53 million in a Series B funding round co-led by Sequoia Capital and Greylock. The fresh capital will support the company’s push... |
| 16.06.2025 | Fintech Aspora Closes USD 53 Mn Series B Led by Sequoia and Greylock The brand also received support from Quantum Light Ventures, Hummingbird Ventures, and Y Combinator. | Fintech startup Aspora, which was previously known as Vance, has successfully raised USD 53 million in a Series B funding round, co-led by Sequoia Capital and Greylock. It also received support from Quantum Light Ventures, Hummingbird Ventu... |
| 16.06.2025 | London-based Aspora secures €80.2 million over six months to scale diaspora banking solutions globally | Aspora, a FinTech startup building modern banking solutions for Indian diasporas, has raised a total of €80.2 million across three unannounced funding rounds over the past six months to expand across the EU, US, and Canada. Aspora’s recent ... |
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