Aspiration Raises $135mn in New Capital

Aspiration, the digital bank that focuses on sustainability and conscious consumerism, just raised $135mn in new capital; the round was led by Alpha Edison with participation from new and existing investors; more than 1.5 million Americans have signed up for Aspiration with $4bn in transactions passing through its accounts; “Aspiration has built deep, trusting customer relationships that are beginning to unlock latent demand for financial services among the tens of millions of conscious consumers,” said Nate Redmond of Alpha Edison, in a statement according to TechCrunch. “We are excited to lead a great group of investors to fuel Aspiration’s durable growth and lasting impact.”; Aspiration’s suite of products include round ups that are matched with a new tree being planted; debits cards made of recycled plastic and partnerships with Toms and Warby Parker for extra cash-back rewards. TechCrunch

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