Leonardo DiCaprio might have WeWork to blame for issues at Aspiration
A digital bank backed by Leonardo DiCaprio is reportedly struggling to raise cash — and it might be WeWork's faultA digital banking startup backed by Leonardo DiCaprio and Orlando Bloom is battling to raise cash, and WeWork's public meltdown could be to blame,Aspiration has struggled to coax investors into participating in its latest financing round, CNBC reported, citing people with knowledge of the matter.
The collapse of WeWork's IPO could be responsible for its challenges. Venture capitalists are"becoming more discerning about the outcomes on latter-stage rounds," a fintech CEO told CNBC.A digital banking startup backed by Leonardo DiCaprio and Orlando Bloom is battling to raise cash, and WeWork's public meltdown could be to blame,Aspiration — which also counts eBay's founder Pierre Omidyar and its former president Jeff Skoll among its investors —.
The online-only bank, which allows customers to pay what they want and doesn't work with fossil-fuel or firearms companies, wanted to raise at least $200 million at a valuation north of $1 billion,
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