Singapore based online lending platform raised $9m led by Insignia Venture Partners, joining existing investors YC, Mark 2 Capital, and Hummingbird Ventures.
Singapore-based Insignia Ventures Partners, founded by ex-Sequoia Asia partner Yinglan Tan, has participated in the $9-million seed round of Aspire, a Southeast Asia-focused lending platform headquartered in the city-state. Other investors who joined the round include Mark 2 Capital and Hummingbird Ventures. Y Combinator, the Silicon Valley accelerator, is also among Aspire’s investors. “Aspire provides incredibly easy and affordable service for small businesses to thrive and solve cash flow challenges. We are impressed with the technical capability of the Aspire team and thrilled to partner with them in pursuing this important mission,” Tan Yinglan, founding managing partner of Insignia Ventures Partners, told this portal in an email.