Wednesday, December 13, 2017

Aspiration Gets $47M For Online Banking Efforts

Los Angeles-based Aspiration, and online banking startup which calls itself "the financial firm with a conscience", said on Tuesday that it has raised $47M in a Series B funding round. The funding lase led by Social Impact Finance, and also included Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, and Capricorn Investments, plus actor Orlando Bloom, Los Angeles Clippers coach "Doc" Rivers, former Citigroup Chief Operations and Technology Officer Deborah Hopkins, Bad Robot President Brian Weinstein, Rustic Canyon Partners founding partner Tom Unterman, and others. Aspiration lets users pay what they want in terms of fees they pay to the company. More information »