Aspiration news and trends

SPAC-Bound Green Banking Startup Aspiration Bets On Conscientious Consumer Demand
Banking // August 19, 2021

Long before its SPAC announcement on Wednesday (Aug. 18), green banking startup Aspiration was making waves in the FinTech space, with its ESG-friendly business plan aimed at helping its five million customers become financially successful without impacting the environment. When customers use its services to...

FinTech Startup Aspiration Considers $2B+ SPAC
IPO // August 12, 2021

The green FinTech Aspiration is in discussions about going public through a special purpose acquisition company (SPAC) in a deal that could value the firm at more than $2 billion. That’s according to Bloomberg News, which reported the talks on Thursday (Aug. 12), citing people...

Star-Studded Green FinTech Aspiration Eyes Public Offering
Fintech Investments // May 24, 2021

Los Angeles FinTech startup Aspiration — backed by actors Robert Downey Jr., Leonardo DiCaprio and Orlando Bloom — is weighing the possibility of filing for a public listing, Bloomberg reported on Monday (May 24) citing sources. Founded by Andrei Cherny and Joseph N. Sanberg in 2013, the FinTech startup...

Late Payments Epidemic Continues To Have Ripple Effects In Europe
B2B Payments // November 25, 2019

The data show that late payments continue to have significant impact across the UK – and firms are devoting at least one work week a year chasing down monies owed.  The impact is especially keen among smaller suppliers.  Recent suspensions from the Prompt Payment Code...

Interviews & Exclusives
Aspiration CEO: Big Banks’ ‘Bad Decision’ Is My Gain

January 30, 2018
When Bank of America announced last week that it was terminating its free checking option for low-balance customers, a literal Tweet storm broke out. The new program, first launched in 2010, was a digital-only offer for customers with low-balance checking accounts. The rules were simple: Consumers had to (a) have $250 direct-deposited each month into their account and (b) […]

Quick Reads
FinTech Startup Aspiration Considers $2B+ SPAC

August 12, 2021
The green FinTech Aspiration is in discussions about going public through a special purpose acquisition company (SPAC) in a deal that could value the firm at more than $2 billion. That’s according to Bloomberg News, which reported the talks on Thursday (Aug. 12), citing people close to the matter. The LA-based company is consulting with […]

Star-Studded Green FinTech Aspiration Eyes Public Offering

May 24, 2021
Los Angeles FinTech startup Aspiration — backed by actors Robert Downey Jr., Leonardo DiCaprio and Orlando Bloom — is weighing the possibility of filing for a public listing, Bloomberg reported on Monday (May 24)...

Aspiration Bank Struggles To Raise More Capital

November 21, 2019
A digital bank that raised $110 million from investors — including celebrities Leonardo DiCaprio and Orlando Bloom — is suddenly struggling to find additional funding, CNBC reported on Thursday (Nov....

Aspiration Raises $47M To Grow “Ethical” Online Bank

December 13, 2017
Aspiration, the online bank launched by a former speech writer for President Bill Clinton, has raised $47 million in Series B funding from a variety of celebrities and celebrity investors....