Parth Garg
Parth Garg is the founder and CEO of Aspora, the London-based fintech building the financial home for the global Indian diaspora. Born in India and raised across multiple cities before settling in Abu Dhabi, Parth grew up experiencing firsthand the complexity of managing finances across borders — watching his family navigate expensive remittance services, opaque exchange rates, and paper-heavy banking processes that were entirely unsuited to their internationally mobile lives. These experiences became the founding insight of everything he would later build.
Parth enrolled at Stanford University to study physics, where he excelled academically and contributed to cosmological research in Professor Risa Wechsler's group. He also founded a non-profit, Club Rise, in Abu Dhabi, engaging over 300 teenagers in community initiatives. But the pull of the problem he had identified — the financial infrastructure gap for diaspora communities globally — was stronger than any degree programme. At 21, he dropped out of Stanford and moved to Bengaluru to build the solution, going through Y Combinator in 2022 and launching the company initially as Vance.
The founding journey was not without setbacks. In the summer of 2022, Parth's original co-founder departed abruptly, leaving him to rebuild the business alone from a Bengaluru apartment. He went on to establish himself as a solo founder of unusual conviction and velocity — scaling transaction volume from $400 million to $2 billion annually in under six months, and attracting successive funding rounds from Sequoia Capital, Greylock, and Quantum Light Ventures. The company rebranded to Aspora in April 2025 to reflect its vision of serving the global diaspora beyond NRIs.
Under Parth's leadership, Aspora has raised $93 million across three rounds in under eight months, reached a $500 million valuation, and surpassed 800,000 active users. The platform has helped its users collectively save over $25 million in transfer fees, and has expanded from remittances into bill payments, fixed deposits, and full-stack NRI banking. Sequoia's Luciana Lixandru has described Parth's execution speed as among the best she has encountered in early-stage fintech — a company builder who is simultaneously deliberate in product sequencing and relentless in pace.
