Aspire expands footprint with opening of new Singapore headquarters

By Gloria Mathias

Aspire, the finance platform for modern businesses, has announced the official opening of its new headquarters in Singapore, as the company doubles down on driving FinTech R&D and innovation in the region.

“Singapore has been the epicentre of our regional operations, thanks to its international connectivity, skilled tech workforce, and robust government support for FinTech innovation,” said Andrea Baronchelli, CEO and Co-Founder, Aspire. “We are fully committed to the local FinTech ecosystem and plan to invest more to continue to tap on the nation’s strong infrastructure and foundations.”

Aspire plans to double its local workforce of skilled FinTech talent in Singapore to 300 by 2025. Along with the launch of its new office headquarters, Aspire celebrates the opening of its new financial technology excellence hub in Singapore, through which it will drive product R&D and invest in strategic technologies at the core of the FinTech industry, including Artificial Intelligence (AI) and cybersecurity.

Peter Ong, Chairman of Enterprise Singapore said, “I am heartened to see Aspire continue pushing the boundaries of FinTech to drive the growth and transformation of more businesses. Aspire’s plans to expand its team in Singapore is a positive step forward that will help spark more innovation in our startup ecosystem. Enterprise Singapore is committed to working with our partners to deepen support for startups such as Aspire and help them scale locally and abroad.”

“The next generation of Asian businesses needs an integrated, borderless, modern finance solution,” adds Andrea Baronchelli, “At Aspire, we’re building the future of business finance for APAC’s digital economy.”

Aspire is the all-in-one finance platform for modern businesses, helping companies across Asia save time and money with international payments, expense management, payable management, and receivable management solutions accessible via a single, user-friendly account.