Aspire Secures Capital Markets Services Licence from Monetary Authority of Singapore

Aspire Secures Capital Markets Services Licence from Monetary Authority of Singapore

Small businesses have long been excluded from accessing competitive investment opportunities, which remain reserved for large corporations with deep banking relationships. In Singapore, traditional banks offer savings interest rates ranging from 0.01% to 0.25% per annum, leaving small businesses minimal returns on their idle capital. Without access to investment options, these businesses struggle to optimize their funds while ensuring liquidity, limiting their ability to grow sustainably.

Aspire Yield aims to bridge this gap by enabling startups and small businesses to earn competitive returns on idle capital while ensuring funds are easily accessible for operational needs. Powered by top-tier money market funds managed by Singapore’s leading asset managers, Aspire Yield will offer flexible investments with no minimum investment requirement, no lock-up period, and next business day liquidity—helping businesses optimize their capital with ease.

“Securing the CMS licence from MAS, one of the world’s most respected regulators reaffirms our continued commitment to building a trusted and innovative financial ecosystem that empowers startups and businesses with the tools they need to scale,” says Joel Leong, Aspire’s co-founder and Chief Strategy Officer. “As we enhance our capabilities, we remain dedicated to delivering seamless, compliant, and innovative financial solutions like Aspire Yield.”

“The launch of Aspire Yield is a major milestone in our mission to help businesses not just manage but grow their capital,” said Andrea Baronchelli, CEO and co-founder of Aspire. “By unlocking access to high-yield investment opportunities for global startups and small businesses, we are leveling the playing field and giving them the tools they need to thrive in an increasingly competitive landscape.”

Aspire Yield is currently in private beta. Interested businesses can join the waitlist at https://aspireapp.com/yield^[2].

https://aspireapp.com/^[3]https://www.linkedin.com/company/aspireapp-global/^[4]

Hashtag: #Aspire

The issuer is solely responsible for the content of this announcement.

References

1. ^{^} Media OutReach Neswire (www.media-outreach.com)
2. ^{^} https://aspireapp.com/yield (aspireapp.com)
3. ^{^} https://aspireapp.com/ (aspireapp.com)
4. ^{^} https://www.linkedin.com/company/aspireapp-global/ (www.linkedin.com)