Aspire - News, Articles & Research

Company announcement/regulation

Aspire secures in-principle approval for Major Payment Institution licence in Singgapore

Aspire, a Singapore-headquartered all-in-one finance platform for modern businesses, today announced that it has received in-principle approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

15 October 2024

Company announcement/payments

Aspire Commerce launches Muloot Money

New financial services brand, Muloot Money, co-created by UK banking expert, Adam Rigler, is a simple and powerful solution developed to streamline day-to-day money management and revolutionise international transactions for UK-based businesses and individuals.

04 September 2024

Company announcement/payments

Aspire closes an oversubscribed US$100M Series C round led by Lightspeed

Aspire have announced today that we have closed an oversubscribed Series C round. The round saw Lightspeed and Sequoia Capital SEA, Paypal Ventures, LGT Capital Partners and existing backers Picus Capital and Mass Mutual Ventures investing US$100M.

14 February 2023

Company announcement/payments

Cornerstone FS offloads e-money subsidiary

Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into a share purchase agreement ("SPA") for the sale of its non-core subsidiary, Avila House Ltd. ("Avila"), a registered small electronic money institution, to Aspire Commerce Ltd. ("Aspire"), trading as MulootMoney.com, the provider of payment accounts and lending services, for a consideration of £300,000 to be paid in cash on completion.

04 January 2023

Company announcement/payments

SME-focused neobank Aspire to use Railsbank Singapore Dollar bank accounts

Railsbank, the leading global open banking platform, announces that Singapore-based Aspire, a digital platform providing financial solutions for small and medium businesses, is the first SME-focused Neobank in Southeast Asia to use its Singapore Dollar (SGD) bank accounts.

08 June 2020