Aspora Raises $93 Million for Cross-Border Payments, Serving Indian Diaspora, Formerly Known as Vance

Aspora, a cross-border digital payments startup focused on providing remittance and banking solutions for the Indian diaspora, has raised $93 million in a funding round led by Sequoia Capital and Greylock. The company, which was formerly known as Vance before rebranding following JD Vance's appointment as US vice president, is now valued at $500 million. Earlier reports had indicated a $50 million raise, but the latest and more authoritative sources confirm the total funding amount at $93 million.