Aspire secures regulatory approvals in US, EU, Australia
- ByStartupStory | December 16, 2025
Singapore-headquartered fintech Aspire has secured key regulatory approvals across Australia, the European Union, and the United States, paving the way for accelerated global expansion of its business banking platform.
Australia: Full AFSL unlocks financial stack
Aspire has obtained a complete Australian Financial Services Licence (AFSL), enabling it to offer its full suite of services—including multicurrency accounts, payments, corporate cards, and spend management—directly to Australian companies. This strengthens its Asia-Pacific footprint and caters to businesses seeking integrated, modern finance solutions.
Europe: EMI licence and Dutch hub
The company has received an Electronic Money Institution (EMI) licence, marking its formal entry into the EU market. Aspire has committed to establishing its European base in the Netherlands through an investment agreement with the Dutch Ministry of Economic Affairs, allowing pan-European business accounts for startups, scale-ups, and mid-market firms.
United States: MSB and RIA registrations
In the US, Aspire is now registered as a Money Services Business (MSB) and as a Registered Investment Adviser with the Securities and Exchange Commission (SEC). These approvals broaden its service offerings to American companies and support a planned full US rollout in 2026.
Over the past year, Aspire has amassed eight such licences and registrations, reflecting its ambition to build a unified “Financial Operating System” for digital-savvy, cross-border businesses. CEO Andrea Baronchelli emphasised that these milestones provide the regulatory foundation needed to serve clients expanding internationally without fragmented banking relationships.
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