International business account provider

Aspire

Asia-focused business finance platform

An Asia-focused business finance platform. Funds are safeguarded with DBS and other banks on the relevant propositions. This is not a traditional bank deposit account.

At a glance

Provider type: Asia-focused global business finance platform
Legal model: Finance and payment platform. Customer funds are safeguarded with DBS and other Tier-1 banks on the relevant propositions.
Global reach: High
Business eligibility: Businesses in supported Asian and global markets. The proposition varies by country.
Multi-currency: A 13-currency account on the current Hong Kong page. Broader payments are described as 30+ currencies and 130+ countries.
Local receiving details: Local and international account numbers in supported currencies.
International payments: 30+ currencies and 130+ countries on current regional pages. Some pages cite broader rails.
Cards: Corporate cards.
Accounting integrations: Accounting integrations and finance workflow tools. Named accounting products are not listed.
Customer-money model: Safeguarded customer funds. Safeguarding model, with funds safeguarded with DBS and other Tier-1 banks on the relevant propositions. Not a traditional bank deposit account.

What is this provider?

Aspire is listed as an Asia-focused global business finance platform. The public comparison covers a multi-currency account, local and international account numbers, corporate cards, spend management, payables and accounting workflow tools. The proposition varies by country.

Which businesses can open an account?

Businesses in supported Asian and global markets. The proposition varies by country.

Company requirement: Supported markets. The proposition varies by country. A country list is not stated.

Owner or director residence: Market-dependent. Founder residence is not stated as a separate rule.

Sector restrictions and any requirement for a local presence are not stated beyond that eligibility. A published focus is not a decision that your company can open the account.

Where is it available?

Businesses in supported Asian and global markets. The Hong Kong page is the source for the 13-currency account figure. A full list of accepted countries is not stated.

Is this actually a bank account?

Business-finance platforms can provide account details, cards and payment infrastructure while operating under very different legal models.

Finance / payment platform

Finance and payment platform. Customer funds are safeguarded with DBS and other Tier-1 banks on the relevant propositions.

Holding and managing currencies

Holding a currency, converting it, receiving it and sending it are separate functions. A currency count on its own does not describe which of those the company can do.

Keep two figures separate. The current Hong Kong page describes a 13-currency account. Broader payments are described as 30+ currencies and 130+ countries. Some pages cite broader rails, and no further number is stated here.

A 13-currency account on the current Hong Kong page. Broader payments are described as 30+ currencies and 130+ countries.

Getting paid internationally

Local receiving details can make it easier for customers to pay domestically even when your company operates internationally. Those details are not the same as a domestic bank account in that country.

Local and international account numbers in supported currencies.

Paying suppliers and contractors

Payments in 30+ currencies and to 130+ countries on current regional pages. Some pages cite broader rails, without a further figure stated here.

30+ currencies and 130+ countries on current regional pages. Some pages cite broader rails.

Cards and company spending

Corporate cards, spend management and payables are stated. Physical and virtual card formats are not separately stated.

Business cards: Corporate cards.

Expense management: Spend management and payables.

Accounting and finance integrations

Accounting integrations and finance workflow tools. Named accounting products are not listed.

What does the account cost?

Check current provider pricing. Monthly plans, payment fees, FX, cards, extra users and local payout fees can all change, and this comparison does not repeat a figure that is not captured here.

A current Hong Kong business-account page advertises no deposit and no minimum balance. Regional pricing varies.

How is business money held?

A bank deposit, a partner-bank deposit, safeguarded customer funds and an e-money balance are different legal arrangements. They should not be treated as equivalent.

Safeguarded customer funds

Safeguarding model, with funds safeguarded with DBS and other Tier-1 banks on the relevant propositions. Not a traditional bank deposit account.

Protection depends on the legal entity and jurisdiction serving the business.