The neobank Aspire operates from Singapore to provide business accounts coupled with debit cards through a mobile application accessible for iPhone and Android users. The mobile bank account opening service at Aspire is currently available to Singaporean residents only. The all-in-one finance platform Aspire serves modern businesses worldwide through its international payment services, treasury management system and expense and payable and receivable solutions, which operate from a single user-friendly platform.
Aspire at a glance
As an Aspire customer, your business can use smart financial tools for online money management to reduce team administrative work and achieve business growth. The following section outlines the essential solutions and features that Aspire offers to its customers. Aspire digital business banking enables users to start their account setup in just a few minutes. Start-up business owners can access Aspire smart business accounts after only a few minutes of approval, where they will receive their account details and virtual card immediately. After account approval, you can access your money either through the online platform or the Aspire mobile application while quickly onboarding your team members.
The main advantage of choosing Aspire business accounts is that you gain unified access to multiple financial tools through their platform. Use the convenient financial data available to learn about company development opportunities that will accelerate your business expansion.
Local and international payments for less
Internet and online entrepreneurs served as the target audience during the creation of Aspire accounts. A digital business needs straightforward and inexpensive payment methods for efficient supplier invoice payment and payroll distribution.
The upcoming addition of PayNow service will join FAST and GIRO payments that Aspire customers already benefit from without any fees. Businesses using Wise for international payments can make transactions in more than 50 currencies at the real mid-market exchange rate without hidden fees. Your international business invoicing payments will always stay affordable and clear because Aspire only charges you transparent fees which prevent unexpected costs.
Easy expense management with Aspire
Your Aspire business account enables you to give your team members virtual cards that help enhance expense management capabilities. Track all expenses in real time through the Aspire application while users can manage their spending parameters by setting individual limits. The process of expense management becomes seamless when you upload digital receipts because you can quickly reconcile your accounts for more important tasks.
The upcoming section will explain all the features and advantages of the business cards which Aspire provides.
Third party integrations with bookkeeping and marketplaces
Your Aspire business account can easily automate bookkeeping tasks by linking to Xero, Quickbooks, SAP, NetSuite, MYOB and more accounting software platforms.
The payment process for ecommerce businesses using Aspire allows direct account deposits from platforms such as Stripe, Shopify, PayPal, Lazada and Shoppee. Your business will benefit from consolidated income from multiple platforms through this system and gain full platform analytics needed to boost profit growth.
Aspire credit solutions provides startup and expansion capabilities to users
The Aspire online application enables fast approval of working capital and credit solutions together with transparent terms that take only 7 days to process. The procedure to establish an Aspire business account framework. Existing legal Singapore businesses can easily obtain an Aspire business account for operation. You can quickly start your business incorporation through Aspire’s partner if you have not registered it yet.
TechCrunch provided coverage of Aspire during its series B fundraising in 2021. Since its founding in 2018 as a working capital lender for small and medium business clients, Aspire expanded its services to include bank accounts for cross-border businesses as well as corporate cards and payable and receivable management with automated invoice processing that linked to financial management software.
The exclusive rewards from Aspire worth $50,000 in value can be used at any time. Businesses using Aspire can access deals from payment partners combined with accounting tools, as well as marketing and ecommerce services, HR support, and many other features. You can access most benefits of standard bank services through Aspire business accounts. The digital neobank nature of Aspire allows it to eliminate unnecessary paperwork while maintaining affordable operations and providing simplified services to its users. The platform provides customized benefits to online entrepreneurs, plus it offers working capital and credit that helps businesses grow. Businesses should explore the advantages of an Aspire business account for their operations.
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