Prime Highlights

• Aspire has secured eight licences and registrations, significantly advancing its global expansion strategy.
• The approvals strengthen Aspire’s regulatory base and support its vision of a unified global finance platform.

Key Facts

• Aspire obtained licences in Australia and the EU, and registrations in the US, enabling service rollouts across three major regions.
• The fintech plans a US market launch in 2026 and has added senior leaders from Wise and Revolut to drive expansion.

Background

Singapore-based fintech Aspire has announced a series of regulatory approvals that mark a major step in its global expansion plans. The company said it has secured eight licences and registrations over the past year, strengthening its presence across Australia, Europe and the United States.

In Australia, Aspire has received a full Australian Financial Services License. The approval allows the company to offer its complete financial platform directly to Australian businesses. This includes multicurrency accounts, payments, cards and spend management tools, as demand grows for integrated finance solutions in the market.

Aspire has also entered the European Union after securing an Electronic Money Institution licence. The company has selected the Netherlands as its European base and signed an investment commitment with the Dutch Ministry of Economic Affairs. The move enables Aspire to provide pan-European business accounts across the region.

Aspire has registered with the U.S. as a Money Services Business and a Registered Investment Adviser with the Securities and Exchange Commission. These approvals allow the firm to serve U.S. companies and support its planned market launch in 2026.

To support its expansion, Aspire has strengthened its leadership team with experienced fintech executives. Devanjan Sinha, formerly of Wise, will lead the Australia business. Akash Kaul joins from Revolut as Vice President of Global Expansion and Growth to drive Europe entry, while David Harris, also from Revolut, will lead the US launch. Paul Brooking, previously with Freetrade and Revolut, joins as Chief Financial Officer.

Chief Executive Officer Andrea Baronchelli said the approvals strengthen Aspire’s regulatory base and support its goal of building a unified global finance platform.

Aspire said 2025 has been a milestone year, with strong growth in Hong Kong and continued momentum in Singapore following its Capital Markets licence.

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