Aspora, the cross-border financial technology platform formerly known as Vance, has appointed Varun Sridhar, ex-CEO of Paytm Money and Paytm Services, as the new CEO of its wealth management and lending division. The strategic leadership move was announced through Aspora’s official LinkedIn channel and marks a major milestone in the company’s global expansion ambitions.
With 20+ years of experience in financial services, digital banking, and fintech transformation, Sridhar is widely regarded for steering high growth financial platforms. At Paytm, he helped scale Paytm Money from launch to profitability and played a key role in building the company’s operating model during its pre-IPO phase. He stepped down as CEO of Paytm Services in August 2025.
Before his Paytm stint, Sridhar held senior positions at BNP Paribas, Citibank, and Deutsche Bank, gaining strong domain expertise across wealth management, retail banking, lending solutions, and consumer financial products across global markets.
In his new role at Aspora, Sridhar will focus on scaling the fintech’s wealth and lending offerings, enhancing user experience, and strengthening its cross-border banking stack for international users. His leadership is expected to accelerate Aspora’s vision of building a seamless global financial ecosystem.
Founded in 2022 by Parth Garg, Aspora was part of Y Combinator’s Winter 2022 cohort and recently completed a rebranding effort to reflect its expanded product suite. The startup currently serves customers in the US, UK, UAE, Germany, Italy, and Ireland, and is preparing to enter Saudi Arabia, France, Spain, the Netherlands, Canada, and Singapore.
Aspora has been backed by leading global investors, raising $53 million in a Series B round earlier this year, co-led by Sequoia and Greylock, bringing its total funding to over $99 million.
With Sridhar’s appointment, Aspora aims to strengthen its product capabilities and accelerate growth in the global wealth-tech and lending space.
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