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Aspire secures key regulatory approvals for global expansion

Aspire, a Singapore-based fintech company, has announced a series of regulatory achievements that mark a significant step in its global expansion strategy. Over the past year, Aspire has secured eight licences and registrations across Australia, Europe, and the United States, enhancing its presence in these critical financial markets.

In Australia, Aspire has been granted a full Australian Financial Services Licence (AFSL), allowing it to offer its comprehensive financial services directly to Australian businesses. This includes multicurrency accounts, payments, cards, and spend management, catering to the growing demand for integrated finance platforms.

In Europe, Aspire has obtained an Electronic Money Institution (EMI) licence, marking its official entry into the European Union. The company has also signed an investment commitment with the Dutch Ministry of Economic Affairs, establishing the Netherlands as its European base. This move enables Aspire to offer pan-European business accounts.

In the United States, Aspire has registered as a Money Services Business (MSB) and with the Securities and Exchange Commission (SEC) as a Registered Investment Adviser. These approvals are crucial for Aspire’s planned US rollout in 2026.

To support its expansion, Aspire has bolstered its leadership team with experienced fintech professionals from companies like Wise and Revolut. CEO Andrea Baronchelli stated, “These milestones strengthen the regulatory foundation we need to deliver unified, intelligent infrastructure for cross-border financial needs.”

Aspire’s achievements in 2025, including its entry into Hong Kong and continued growth in Singapore, underscore its commitment to becoming a leading global finance platform. With over 50,000 clients and operations in 30 markets, Aspire is poised for further growth.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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