Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission (SFC).
The new Aspire license in Hong Kong permits the company’s local subsidiary, AFT HK Treasury Limited, to deal in and advise on securities, as well as provide asset management services.
The regulatory approval paves the way for the introduction of Aspire Yield.
This investment product targets startups and digitally native businesses, allowing them to earn returns on multi-currency balances through money market funds.
The company stated that the product has no minimum investment requirements or rigid lock-up periods, providing companies with immediate liquidity for their corporate funds.
Aspire initially rolled out its yield product in Singapore in August 2025. Since that launch, the company reported adding over US$5 million in assets under management each week.
Hong Kong is currently one of the firm’s fastest-growing markets.
Aspire recorded a 3.3-times expansion in the city over the past year. This growth was driven by adoption among startups operating across multiple jurisdictions.
Andrea Baronchelli, Co-Founder and CEO of Aspire, said large minimum balances and complex banking relationships have kept smaller businesses out of competitive investment options.
He attributed this to large minimum balance requirements and complex banking relationships.
“Businesses need their capital to work harder, but they also need immediate access when opportunities or challenges arise,”
Baronchelli said.
He added that the company aims to make corporate funds more productive for SMEs.
Featured image credit: Edited by Fintech News Hong Kong, based on image by leungchopan via Freepik