Aspire taps J.P. Morgan for global FX capabilities

Deal starts with five-currency wallet conversions.

Aspire has partnered with J.P. Morgan Payments to provide foreign exchange services for wallet-based fund conversions as the Singapore fintech expands its cross-border finance infrastructure.

Under the collaboration, J.P. Morgan Payments will become a key FX provider to Aspire, supporting pricing, corridor access and settlement infrastructure across markets. The initial phase covers FX-to-wallet conversion in Singapore, US, Hong Kong, UK and eurozone currencies.

Aspire said the arrangement will allow customers to convert and manage funds within their Aspire wallets across SGD, USD, GBP, EUR and HKD. The company said it serves more than 50,000 businesses globally.

The tie-up comes as Aspire broadens its international footprint. Over the past year, it secured eight licences and registrations across Australia, Europe and the US to support services including multicurrency accounts, payments, cards and spend management.

J.P. Morgan Payments provides treasury services, trade and working capital, card and merchant services. The business processes more than $10t of payments daily across more than 160 countries and over 120 currencies.

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