Aspire Unveils New Singapore HQ, Aims to Double Fintech Workforce by 2025 – Fintech Singapore

Aspire, an all-in-one finance platform for businesses, has opened its new headquarters in Singapore, aiming to enhance its role in fintech research and development (R&D) within the region. The firm also shared its plans to double its fintech-specialised workforce in the city-state to 300 by 2025.

The company had also set up a new financial technology excellence hub in Singapore that will drive its focus on product development and strategic investments in key areas such as Artificial Intelligence (AI) and cybersecurity.

In line with this, Aspire had collaborated with PwC Singapore to publish a whitepaper on the opportunities and practical implications of AI for finance teams. Aspire said that it plans on integrating its learnings into its offerings.

The company, established in 2018, has raised over US$300 million in funding and attained profitability in 2023. Its customer base spans over 15,000 businesses across Asia.

Andrea Baronchelli

“Singapore has been the epicenter of our regional operations, thanks to its international connectivity, skilled tech workforce, and robust government support for fintech innovation.

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. The next generation of Asian businesses needs an integrated, borderless, modern finance solution.”

said Andrea Baronchelli, CEO and Co-Founder, Aspire.

Peter Ong

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 to 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.”

Featured image: (Left to right) Joel Leong, CMO and Co-founder,Aspire; Andrea Baronchelli, CEO and Co-founder, Aspire; Peter Ong, Chairman, Enterprise Singapore; Alvin Ip, CFO, Aspire; Olivier Dauw, COO, Aspire

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• Source: https://fintechnews.sg/81345/virtual-banking/aspire-unveils-new-singapore-hq-aims-to-double-fintech-workforce-by-2025/