Social media network Renren led the round for the investment platform that donates 10% of its revenue to charities.
US-based investment platform Aspiration has closed a $15.5m series A round yesterday led by social media network Renren.
GSV Capital, Capricorn Investment Group, IGSB and a range of angel investors participated in the round.
Launched in November 2014, Aspiration operates an online investment platform with a minimum commitment of $500 for its mutual funds. The company donates 10% of its revenue to non-profit organisations that provide microloans and mentoring to low-income citizens.
The series A cash will support continued development…
