Aspora
aspora.comSecure, lightning fast transfers at guaranteed Google rates.
Finance & Fintechmoney-transferremittancenriindiaforexdiasporafintech
About
Aspora is a global finance app designed for the Indian diaspora (NRIs) that enables money transfers to India at Google exchange rates with low or zero fees. The platform supports users across 6 countries including the UK, Canada, UAE, and US, and is regulated by financial authorities in each region. Beyond transfers, Aspora plans to offer savings, bill payments, and investment automation features.
Problem
NRIs lose money on hidden fees and poor exchange rates when sending money to India.
For
Non-resident Indians (NRIs) living abroad in the UK, Canada, UAE, and US
How it works
Users send money through the Aspora app at real-time Google exchange rates with transparent, low fees, and funds are transferred instantly to recipients in India.
Business model
freemium
Status
launched
Company
Vance Inc