Singapore-based fintech Aspire has officially launched in the United States, expanding its cross-border financial platform to businesses operating across multiple markets.
The company serves more than 50,000 businesses and offers multi-currency accounts, foreign exchange, yield, payroll infrastructure, spend management and real-time financial controls through a single platform.
Its platform also integrates cards, credit, accounting and payroll tools across 16 currencies.
As part of the rollout, Aspire is entering the market with technology and financial infrastructure partners including Stripe.
“We’ve seen Aspire’s incredible velocity in Asia, and bringing that same innovation to the U.S. is a massive win for founders everywhere.
Stripe is here to fuel the global ambitions of Asia’s tech leaders and to give these global champions the infrastructure they need to scale and win on the world stage,”
said Paul Harapin, Chief Revenue Officer, Asia Pacific & Japan at Stripe.
Aspire has also deepened its integration with Deel to support payroll and hiring across markets.
The launch follows recent U.S. regulatory milestones for Aspire, including its registration as a Money Services Business and as a Registered Investment Adviser with the Securities and Exchange Commission.
The company has also appointed former Revolut executive David Harris as its U.S. Country Head.
Aspire’s platform is supported by more than 10 international licenses across Singapore, Hong Kong, Australia, Europe, the United States and Canada.
“As the world’s largest startup ecosystem and a hub for venture-backed innovation, the United States has become a launchpad for global innovation and expansion. Founders can’t afford to have multiple local banks on one side and their CFO suite on the other.
They need a financial platform that understands how they operate and scales with them. Our ambition isn’t incremental improvement — we want to define a new $3 trillion category by bringing regulated financial operations together with intelligent software and automation for global startups.”
said Andrea Baronchelli, Co-Founder and CEO of Aspire.
Featured image: Edited by Fintech News Singapore, based on image by ismode via Freepik
