
Aspire Integrates with Stripe to Help Businesses Get Paid 2x Faster
SINGAPORE - Media OutReach Newswire - 29 May 2025 - Aspire, the leading all-in-one finance platform for businesses, has integrated with Stripe, a leading global financial infrastructure platform to offer businesses more ways to receive payments—faster and seamlessly. This empowers businesses across Asia with more flexible payment solutions, allowing them to receive payments globally through credit and debit cards, Apple Pay, and Google Pay.
Financial flexibility is a top priority for businesses, particularly in the B2B space, where payment cycles can often be lengthy. With the rise in adoption of virtual cards, 64% of businesses expect the ability to pay for their purchases online. Research shows that businesses that do not accept card payments experience an average revenue loss of 4.6%, highlighting a critical need for diverse payment options.
Aspire's integration with Stripe aims to address this key gap by allowing Aspire users to enable credit card as well as local payments like Google Pay, Apple Pay, GrabPay, and WeChat Pay from customers directly for invoices and through payment links. This enables businesses to provide flexibility, convenience, and an overall easier payment experience for their customers. Additionally, new businesses can start accepting card payments immediately via Aspire, eliminating the need to invest in building a website or setting up complex payment infrastructures.
Furthermore, the integration significantly improves settlement times. Aspire customers will now be able to access their funds as fast as three days, compared to the standard seven days. This enhanced speed and flexibility allow businesses to better manage cash flow, maintain financial stability, and reinvest in their operations with confidence.
'At Aspire, we are constantly looking for new ways to help businesses grow faster and operate more efficiently,' said Andrea Baronchelli, CEO and founder of Aspire. 'This partnership with Stripe aims to address two critical pain points – speed and flexibility. Together, we are removing the friction of money, empowering businesses to focus on what they do best: growing and scaling their operations.'
' Small and medium businesses make up over 97% of all businesses in APAC and are the lifeblood of any country's economy. Working together, Aspire and Stripe helps ensure that SMBs fully benefit from cutting edge technology to enjoy seamless and flexible payment solutions that accelerate their cashflow, so they can succeed in today's competitive landscape,' said Paul Harapin, Stripe's Chief Revenue Officer in Asia Pacific.
This marks a significant step towards Aspire's mission to empower global businesses with the financial tools they need to thrive in the digital economy. By integrating Stripe's advanced payment technology, Aspire continues to strengthen its all-in-one financial platform, making it easier for businesses globally to manage payments, improve cash flow, and scale operations effortlessly.
For more information on the Aspire-Stripe integration, visit https://aspireapp.com/invoice-management.
Hashtag: #aspire
https://aspireapp.com/
https://www.linkedin.com/company/aspireapp-global/
The issuer is solely responsible for the content of this announcement.
Aspire
Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions - accessible via a single, user-friendly account.
Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability.
Aspire
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
an hour ago
- Zawya
KN Group and AlloyX Form Strategic Partnership, Launching World's First On-Chain Tokenized Consumer Loan Assets
HONG KONG SAR - Media OutReach Newswire - 15 July 2025 - In July 2025, Hong Kong fintech company KN Group announced a significant strategic partnership with AlloyX, a prominent Hong Kong-based Web3 financial technology company. Leveraging AlloyX's on-chain tokenization infrastructure technology, the two parties will jointly launch the industry's first tokenized fund with consumer loans as its underlying assets. This collaboration marks the first tokenization of individual cash loans on-chain, providing broader funding sources for the underlying assets and exploring new possibilities for traditional consumer finance businesses. As a promoter of inclusive finance with business spanning emerging markets including Thailand, the Philippines, Indonesia, Pakistan, and Mexico, KN Group will conduct a shelf offering of USD 100 million in tokenized consumer finance assets (RWA), with an initial issuance size of USD 20 million. AlloyX, a renowned Hong Kong Web3 fintech firm, specializes in bridging traditional finance with blockchain-based services, providing secure and efficient fiat and stablecoin payment solutions alongside asset tokenization services. This powerful alliance will significantly enhance asset liquidity, stability, and capital efficiency, opening new channels for global capital market asset allocation. Lucas Kong, General Manager of KN Group Hong Kong and Global Head of Treasury at KN Group, stated: "This global debut is a major milestone following KN Group's decade of deep cultivation in AI fintech. It successfully bridges traditional financial services with the global capital markets through digital pathways. This initiative explores a replicable path for onboarding traditional consumer financial assets onto the blockchain, granting investors greater transparency, flexibility, and investment efficiency. Through financial asset tokenization, we aim to better serve global investors. Moving forward, we aspire to achieve further breakthroughs in setting new industry standards, unlocking fresh asset value, and connecting global emerging ecosystems, continuing our strides in innovative finance." Under this strategic partnership, AlloyX provides KN Group with blockchain technology solutions and support. Jessie Chen, Head of RWA Issuance at AlloyX, commented: "We are delighted to partner with KN Group to jointly advance the global tokenization of cash loans, accelerating the integration and development of traditional financial systems with next-generation Web3 technology applications. This ensures high-quality financial assets circulate on-chain in a compliant and transparent manner. AlloyX will continue collaborating with industry partners to support institutions in their standardized, modularized, and globalized blockchain-based business expansion." As a key enterprise introduced by the Hong Kong Office for Attracting Strategic Enterprises (OASES), KN Group will leverage this innovation as a starting point. It will continue to harness its strengths in AI-powered risk control technology, optimize asset management, expand into emerging markets, and lead the global digital development of inclusive finance. Hashtag: #FintechInnovation #Blockchain #RWATokenization #DeFi #Web3 #DigitalAssets #FinancialInclusion #KNGroup Wechat: KN Group The issuer is solely responsible for the content of this announcement. KN Group Established in 2014, KN Group is a financial technology company with a core focus on artificial intelligence and big data. Its vision is to make financial services more accessible, convenient, and fair. Leveraging AI technology, KN Group has developed comprehensive assessment models to effectively evaluate customer credit risks, gain deeper insights into customer needs better through extensive infrastructure, provide more personalized services, and identify and manage risks more efficiently. KN Group is one of the strategic enterprises introduced under the Hong Kong Office for Attracting Strategic Enterprises (OASES). Its business now spans multiple regions, including Thailand, the Philippines, Indonesia, Pakistan, and Mexico. KN Group


Zawya
an hour ago
- Zawya
Rising AI-Driven Cyber Attacks and Geopolitical Tensions Shaping Asia Pacific Cyber Risk Landscape, Aon study
SINGAPORE - Media OutReach Newswire - 15 July 2025 - Aon plc (NYSE: AON), a leading global professional services firm, has released the Asia Pacific (APAC) findings from its 2025 Cyber Risk Report. The report underscores the increasing complexity of artificial intelligence (AI) driven cyber attacks and the prevalence of geopolitical tensions on cyber risks in the region. This report is based on Cyber Quotient Evaluation (CyQu) scores from 3,226 Aon clients in 2024 across APAC, EMEA, LATAM and North America, which analysed more than 1,400 global cyber events to identify trends in the evolving cyber threat landscape. The CyQu database benchmarks over 10,000 clients and has 20,000 client users. From these insights, the report signals that the APAC region is experiencing significant growth in cyber claims notifications, driven by the rising frequency and sophistication of cyber incidents. Geopolitical forces, such as trade tensions, territorial disputes and reconfigurations of the global supply chain, is shaping how APAC companies manage cyber risk. Key Findings: In the APAC region, cyber incident frequency rose 29 percent year-over-year and up 134 percent over the past four years (2020-2024). There was a 22 percent rise in cyber insurance claims notifications in 2024. The rise in AI-driven deepfake attacks resulted in a 53 percent increase in social engineering incidents year-over-year. Claims involving social engineering and fraud increased by 233 percent. Of the 1,414 global cyber events analysed, 56 developed into reputation risk events, which are defined as cyber incidents that attract significant public attention. Companies affected by these reputation risk events experienced an average shareholder value decline of 27 percent. Globally, malware and ransomware attacks were ranked most likely to trigger reputational damage, accounting for 60 percent of all reputation risk events, despite making up only 45 percent of total cyber incidents. "In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone operations for the purposes of economic coercion, corporate espionage, or to harm regional rivals by targeting strategically important economic infrastructure," said Adam Peckman, head of risk consulting and cyber solutions in APAC and global head of cyber risk consulting at Aon. "As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure, stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions." Aon's 2025 Cyber Risk Report draws on proprietary data from the firm's CyQu platform, a patented global e-submission tool that streamlines the cyber insurance intake process and empowers organisations with actionable insights into their cyber exposures and insurability, helping to strengthen both underwriting outcomes and cyber risk management strategies. The APAC insights from the Aon's 2025 Cyber Risk Report can be found here. Hashtag: #Aon The issuer is solely responsible for the content of this announcement. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here. Disclaimer The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. T here can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research. Aon


Zawya
an hour ago
- Zawya
VinFast Advances Ecosystem Strategy in Philippines' EV Catch-Up
MANILA, PHILIPPINES - Media OutReach Newswire - 14 July 2025 - With nearly 19,000 electric vehicles sold in 2024, the Philippines is looking to catch up in Southeast Asia's EV race as ecosystem players like VinFast work to overcome hurdles around charging access, maintenance, and affordability. Emerging Asia's electric vehicle market reached nearly 400,000 sales in 2024[1], but the gains were spread unevenly across the region. In Southeast Asia, Vietnam led the way with nearly 90,000 electric cars sold, accounting for 17.6 percent of the country's car market.[2] Thailand followed closely with just over 70,000 new EVs, accounting for 13 percent of all car sales[3]. Indonesia recorded 49,200 EVs, representing over 7 percent of national sales.[4] The Philippines lags behind. Fewer than 19,000 electrified vehicles were sold in 2024, making up only around 4 percent of new car purchases.[5] Can the Philippines draft a catch-up strategy in Southeast Asia's EV sprint? The short answer is yes, but it needs to work closely with all stakeholders, especially OEMs like VinFast, which is bringing a comprehensive ecosystem designed to address the major concerns of potential EV buyers. The ASEAN EV Race Regional competitors are deploying aggressive strategies to dominate the electric transition. Thailand offers big multi-year tax holidays and targets 30 percent domestic EV production by 2030. Indonesia leverages its world-leading nickel reserves to attract battery manufacturers. Vietnam is using homegrown VinFast as a launchpad into export markets. Manila isn't standing still either, as the 2022 Electric Vehicle Industry Development Act (EVIDA) lays out a roadmap for EV adoption that includes reduced import tariffs, EV-only parking slots, and a requirement for 5 percent of large fleets to be electric. However, the policy offers few supply-side incentives, and so while EV sales have picked up in recent years, they still account for only a single-digit share of total car sales. The country's oil dependency adds pressure. MUFG estimates that a 10-dollar increase per barrel in crude oil would widen the Philippines' current-account deficit from roughly 3.5 percent to over 4.5 percent of GDP.[6] That is a full percentage-point increase, largely driven by fuel imports. The Philippines pledged to trim greenhouse-gas emissions by up to 75% by 2030 under the Paris Agreement. And EV is a big part of this[7]. But electrifying transportation means consumers need more affordable, serviceable zero-emission options. More than that, the government needs partners who can support the full ecosystem, including infrastructure, services, and education, not just the vehicles themselves. VinFast's Whole-of-Ecosystem Approach VinFast vehicles are already on Philippine roads. In July 2024, the company opened its first three showrooms. Almost a year later, the OEM became a full member of CAMPI, giving it a seat at the local policy table alongside other traditional automotive brands. What's notable about VinFast's approach is its effort to build a comprehensive "For a Green Future" ecosystem. The company has partnered with local dealers to open more than 60 new showrooms by the end of the year. Collaborations with tire and maintenance chains like Goodyear and Tire King will extend after-sales service coverage, aiming for over 100 authorized service workshops across the Philippines by 2025. This tackles the "who fixes my EV, and where?" anxiety head-on. VinFast has also launched a free charging program alongside the debut of its VF 6 subcompact model. This initiative allows customers to charge for free at its dedicated network until May 1, 2027. The network, operated by V-GREEN, aims to roll out 15,000 charging ports across the country in 2025. VinFast's strategy targets three major EV adoption barriers all at once. It eases range anxiety through accessible charging, tackles maintenance fears with a broad service network, and addresses upfront cost concerns through policies such as a buyback program that offers up to 90 percent of the vehicle's original value. Even without building a local factory, VinFast's ecosystem creates jobs in sales, repairs, software, and charging infrastructure. This supports Manila's EVIDA goals, helps reduce urban pollution, and contributes to lowering oil dependence. Another hidden challenge to EV adoption and one VinFast aims to solve is lack of familiarity, which, according to some studies, is actually the largest barrier. One American study found that once drivers experience EVs firsthand, concerns about range, costs, and charging drop significantly[8]. To help bridge that gap, VinFast is working with various B2B partners and mobility service providers that are helping make electric vehicles more visible and accessible in everyday life, including Green GSM, the Philippines' first all-electric taxi service, which recently launched on June 10, 2025. By interacting with Green GSM drivers, all of whom operate VinFast vehicles, everyday commuters are given a practical and low-barrier introduction to EVs. These conversations can help the public understand how EVs work, what they feel like to drive one, and why they might be worth considering. Eventually, that exposure could encourage more people to make the switch. In Southeast Asia's e-mobility race, the Philippines may lack a domestic factory. Still, VinFast's ecosystem-focused approach gives the country a real opportunity to catch up and perhaps even pull ahead. [1] [2] [3] Same as #1 [4] Same as #1 [5] [6] [7] [8] Hashtag: #VinFast The issuer is solely responsible for the content of this announcement. VinFast