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Aspire secures license to launch investment service

Singapore-based financial platform Aspire has received a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS), announced on Apr. 3.

This allows Aspire to offer regulated investment solutions for businesses in Singapore. With this licence, Aspire plans to launch Aspire Yield, an investment solution integrated into its business account platform.

It offers startups and small businesses access to investment opportunities with no minimum investment, no lock-up period, and next-business-day liquidity. The service is currently in private beta, with a waitlist for interested businesses.

Aspire serves over 50,000 companies worldwide and operates in nine countries.

Recent Aspire developments

Timeline
25-Mar-2025 🚀 Aspire launches 3-month program for early-stage startups in SG
  • Aspire launches Ignite for early-stage startups
  • Participants can win $25K and $500K in credits
29-May-2024 💼 Aspire expands to Hong Kong with new license
  • Aspire secures Money Service Operator license in HK
  • Plans to expand in Southeast Asia amid profitability
26-Jan-2024 🏦 Aspire’s fintech solutions have earned SMEs’ trust. Now comes a loyalty test
  • Aspire opens HQ in Singapore, plans to double staff
  • Secures $100M funding, aims for broader regional appeal
19-Dec-2023 📈 Aspire grows revenue over 2x in FY 2022, loss widens 123%
  • Aspire’s revenue surged to US$18.2 million.
  • Company plans to double workforce in FY 2023.
06-Jun-2023 📈 Aspire turns profitable, eyes APAC expansion
  • Aspire achieves monthly net profitability post-funding.
  • Yearly revenue tripled; $15B in total payment volume.

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