Aspire, a Singapore-based fintech company, has launched a Visa corporate card specifically designed for small and medium-sized enterprises (SMEs) in Hong Kong. This initiative aims to address the financial challenges faced by these businesses, which often include limited access to corporate cards, high fees, and inadequate expense visibility. The new card offers a user-friendly and cost-effective solution, empowering SMEs to manage their finances more efficiently.
The launch comes as nearly 79% of Hong Kong’s SMEs focus on growth through cross-border transactions. The Aspire Visa card facilitates this by providing access to multicurrency and seamless cross-border payments. By integrating Aspire’s innovative technology with Visa’s global network, businesses can manage their funds through a single account, ensuring secure and fast transactions worldwide.
Andrea Baronchelli, Co-founder and CEO of Aspire, stated, “Our partnership with Visa represents a significant leap forward in our mission to empower entrepreneurs and SMEs across the world.” Paulina Leong, General Manager of Visa Hong Kong and Macau, added, “This collaboration reinforces our commitment to equipping SMEs with world-class payment methods that will help drive Hong Kong’s digital economy forward.”
To celebrate the launch, Aspire is offering an 8% cashback on the first HKD18,888 spend for new clients who sign up before 28 February. This initiative underscores Aspire’s commitment to supporting Hong Kong’s SMEs in navigating the modern global economy.
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