Aspire, TransferWise unveils cross-border money transfer service

Businesses using Aspire will now be able to transfer money easily across borders.

SME-focused neobank Aspire has partnered with TransferWise to provide an international money transfer service, a press release revealed.

Entrepreneurs and businesses using Aspire may now access TransferWise’s international money transfers directly from their transaction account, without having to leave the Aspire app.

With this collaboration, Aspire claims to be the first neobank in Singapore to provide international money transfers with no exchange rate markups or other hidden fees. It also marks TransferWise for Banks’s first foray in the Lion City.

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