Fintech startup Aspiration is in talks to go public through a merger with a blank-check firm InterPrivate III Financial Partners Inc. (IPVF) in a transaction that’s slated to value the combined entity at more than $2 billion, according to people with knowledge of the matter.
Update(s):
August 18, 2021: Aspiration Partners and InterPrivate III Financial Partners (IPVF) announced a definitive merger agreement that will result in Aspiration becoming a publicly listed company. Upon closing of the transaction, the company will be named Aspiration, Inc., and is expected to be listed on the New York Stock Exchange under the new ticker symbol “ASP.”