Singapore-based challenger bank Aspire has launched a new feature to help startup founders set up shop in the country.
Aspire Kickstart is said enables local and foreign entrepreneurs to register new operating entities in under ten minutes, with the neobank’s support team being on hand to help out if need be.
“Aspire Kickstart facilitates company owners realise their ideas into reality,” said Andrea Baronchelli, CEO and co-founder of Aspire. “What normally requires months to kick off a newly-launched business, now takes no more than one workday; and at a fraction of what it normally costs if entrepreneurs took the incumbent route of hiring third-party accounting and corporate services vendors instead.
“As a result, we enable our clients to focus on generating better income margins. With restrictions, in place worldwide, encumbering international air travel into Singapore, Aspire Kickstart is the resolution for foreigners, and Singaporeans, to complete business registration and obtain corporate banking services without ever leaving their desks.”
Aspire collected $9m in funding in 2018. Since then the company has inked partnership deals with Railsbank and Wise, formerly TransferWise.
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