Aspire, a Singapore-based fintech company, has introduced a Visa corporate card designed for small and medium-sized businesses (SMBs) in Hong Kong.
The card aims to provide businesses with more accessible financial tools, addressing common challenges such as high fees, low credit limits, and limited visibility over expenses.
SMBs form a crucial part of Hong Kong’s economy, yet many business owners rely on personal accounts due to the lack of suitable financial products.
Aspire’s Visa card is intended to offer a more practical and cost-effective alternative, improving financial management for these businesses.
With growth being a key priority, nearly 79% of Hong Kong’s SMBs are focused on expanding through cross-border transactions.
The Aspire Visa corporate card facilitates this by enabling multi-currency payments and seamless international transactions.
By combining Aspire’s technology with Visa’s global network, businesses can manage their finances through a single account, ensuring secure and efficient transactions worldwide.
“Our partnership with Visa represents a significant leap forward in our mission to empower entrepreneurs and SMBs across the world,”
said Andrea Baronchelli, Co-founder and CEO of Aspire.
“This collaboration with Visa will enable businesses to grow, move money effortlessly across borders, and expand with confidence.”
Paulina Leong, General Manager of Visa Hong Kong and Macau said,
“By bringing Visa’s global network together with Aspire’s all-in-one financial platform, the Aspire Visa corporate card offers a comprehensive financial solution for SMBs to thrive in today’s dynamic and interconnected business environment.”
Featured image credit: edited from freepik