Overview
Aspire is Singapore’s comprehensive digital business banking platform designed for modern enterprises. The platform serves as “The Financial OS For Modern Businesses” – a unified intelligent solution designed to manage global business operations and scale company spend in one account.
The platform caters to businesses of all sizes, from startups to large corporations, offering multi-currency accounts, corporate cards, expense management, and international payment solutions. Aspire is regulated under Singapore’s Payment Services Act 2019 by the Monetary Authority of Singapore (MAS), making it a legitimate financial technology provider for Singapore-incorporated businesses.
Key Features
Multi-Currency Business Accounts
Support for SGD, USD, EUR, and GBP
Corporate Cards
Unlimited virtual and physical cards with real-time controls
International Payments
Global transfers with competitive FX rates
Expense Management
Automated expense tracking and reporting
Accounting Integration
Seamless sync with Xero and other accounting software
Yield Products
Earn returns on idle funds with flexible access
Pros
- No monthly account fees or minimum balance
- Competitive FX rates (0.22% for SGD transfers)
- Real-time expense tracking and controls
- Free account setup with fast onboarding
- Integration with popular accounting software
Cons
- Limited to Singapore-incorporated businesses
- Mixed customer service reviews
- International transfer delays reported
- No cash/cheque deposit facilities
- Higher fees for non-Singapore entities
Security Analysis
Security Features:
- Regulatory Compliance
- Fund Protection
- Data Encryption
- Multi-factor authentication
- Real-time Monitoring
Pricing & Fees
How To Get Started
Online Registration
Visit aspireapp.com and complete the digital application with your business details and incorporation documents.
Document Verification
Upload required business registration documents, director identification, and business proof for compliance review.
Account Approval
Account opening can be as fast as 1 day, with dedicated onboarding manager support during the process.
Platform Setup
Access your dashboard, set up multi-currency accounts, and configure user permissions for your team.
Card Issuance
Request physical and virtual corporate cards with customized spending limits and merchant restrictions.
Integration Setup
Connect your accounting software and begin using expense management and payment features immediately.
Final Verdict
Aspire offers a comprehensive digital banking solution ideal for Singapore businesses seeking modern financial management tools. While customer service experiences vary, the platform’s competitive pricing, regulatory compliance, and feature-rich environment make it suitable for growth-oriented companies.
