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Aspora raises $50m in Series B funding

UK based fintech focused on the Indian diaspora raised $50m in Series B funding led by Sequoia Capital and Greylock.

“We want to use remittances as a wedge and build all the financial solutions that the diaspora needs, including banking, investing, insurance, lending in the home country, and products that help them take care of their parents."

Tags

remittance, banking