Embedded finance continues to be the engine driving the growth of fintech, with one group of companies building core banking, payments and other financial technology, and a much bigger group tapping that technology through APIs to build customer-facing businesses. Today, one of the bigger players on the core technology side — Global Processing Services — […]
Aspire raises $158M Series B to build a full-stack “financial operating system” for Southeast Asian businesses
Aspire, the Singapore-based neobank that wants to become an “end-to-end financial operating system” for Southeast Asian businesses, is moving closer to its aspirations with a $158 million Series B. The round consisted of $58 million in equity and $100 million in debt, and was led by an undisclosed global fintech-focused growth equity investor, with participation […]
Ramp raises $300M at a $3.9B valuation, makes its first acquisition
Less than five months after raising $115 million, spend management startup Ramp announced today it has raised $300 million in a Series C round of funding that values the company at $3.9 billion. That’s more than double the $1.6 billion that New York-based Ramp was valued at in April at the time of its Series […]