Fintech startup Aspora secures $53 million in Series B

Aspora, a fintech company committed to reimagining banking for immigrants, has announced the successful raise of $53 million in Series B funding, co-led by Sequoia and Greylock, with Quantum Light Ventures also contributing to the round. Existing investors include Hummingbird Ventures, Soma Capital, Global Founders Capital and Y Combinator. Previously, known as Vance, the company is building financial solutions tailored for global diasporas—starting with non-resident Indians (NRIs), who represent just 1% of India’s population but contribute…