Aspire business alternatives in Africa

Aspire offers multi-currency business accounts, but its services are currently not available to businesses in Africa. See how six Aspire business alternatives in Africa compare

Key takeaways

• Aspire offers multi-currency accounts in 30+ currencies but is currently not supported in Africa
• Alternatives such as Payoneer, Raenest, Grey, Chipper Cash and Eversend offer business accounts, virtual cards and more for African businesses
• The World Account is a multi-currency account that offers local account details in 15+ currencies, and a World Card supporting 150+ currencies

Aspire offers multi-currency business accounts for sending and receiving international payments in 30+ currencies, including AUD, USD and CAD.^1,2,3 Businesses can also access corporate cards, expense management, FX and payment tools, and integrations with Xero, QuickBooks, Oracle NetSuite, Deskera and SAP.²

But, Aspire is currently not available for businesses based in Africa, including Kenya, Nigeria, Morocco and Ghana.4 For African currencies, KES is supported for both sending and receiving payments, while MAD and GHS are supported for sending payments only.³ NGN is currently not supported for sending or receiving payments.³

This guide covers six Aspire business alternatives available to African businesses, including the World Account by WorldFirst, an international payments provider.

Best Aspire business alternatives in Africa: Head-to-head comparison

1. WorldFirst

The World Account by WorldFirst is a multi-currency account designed for businesses receiving and sending international payments. Businesses can access local account details in 15+ currencies, including USD, EUR, GBP, CNH, AUD and JPY, and use these accounts to convert and hold funds in supported currencies.

The account also supports sending payments in 100+ currencies across 200+ countries and regions. Businesses can connect the account to 130+ marketplaces and payment gateways, giving them a way to receive international payments directly into their account.

The account is also linked to the World Card, which is a multi-currency card for business spending. It supports payments in 150+ currencies, and payments in 15 supported currencies can be made without any fees when sufficient balance is held in that currency.

Key features of the World Account

• Receive payments from 130+ marketplaces and payment gateways, including Amazon, Shopify, Stripe and Etsy
• Get up to 20 virtual cards per business at zero cost
• Use World Pay, the authorised international payment provider for 1688.com, for paying suppliers in China
• Integrate the World Account with Xero and NetSuite for accounting and reconciliation

*Fees checked in September 2026. Terms and Conditions Apply

2. Payoneer

Payoneer provides personal accounts for individuals and business accounts for companies in 70+ currencies.⁵ Businesses can receive payments, hold balances and send international payments in 190+ countries.⁶

For businesses receiving payments from abroad, Payoneer supports integrations with 2,000+ marketplaces and platforms.^5,6 Eligible businesses in Africa can also access a Mastercard-powered business card linked to a single currency balance, with supported balances including USD, GBP, EUR and CAD.^5,6,7

*Fees checked in September 2026. Other fees vary by payment method, currency, region, and account type⁸

→ Read the Payoneer review for more details and get to know about Payoneer alternatives as well

3. Raenest

Raenest, formerly Geegpay, offers business accounts with USD, GBP, EUR and NGN account details for sending and receiving international payments.^9,10 Businesses can use its accounts for local and international transfers in 70+ countries including Nigeria, Kenya and Ghana.⁹ It also offers a business card supporting online payments and can be assigned to team members with custom spending limits.¹¹

*Fees checked in September 2026

→ Compare Raenest vs Grey to see how their business accounts, payment features and fees differ

4. Grey

Grey provides business and personal accounts with USD account details and supports international payouts to 170+ countries.^17,18 Both account types allow users to receive payments, convert currencies, hold and send funds, and make international purchases with a virtual card.^17,18 Virtual cards come with a fee, starting from US$4.¹⁹

Its business account also supports bulk payments, team spending controls and payment automation through API access.¹⁷ For international payments, Grey supports USD through ACH and Fedwire, GBP through FPS, BACS and CHAPS, and EUR through SEPA and SEPA Instant.¹⁷

*Fees checked in September 2026

→ Read the Grey review for more details and get to know about Grey alternatives as well

5. Chipper Cash

Chipper Cash is a cross-border payments provider operating in 21+ countries.²¹ It supports business spending through USD virtual accounts and Dollar cards, with virtual card fees from US$1.^21,22,23,24 Individual accounts are focused on outgoing transfers, while business accounts enable companies to collect and send payments, with higher transaction limits and dedicated support.^21,22

*Fees checked in September 2026

→ Read the Chipper Cash review for more details and get to know about Chipper Cash alternatives as well

6. Eversend

Eversend provides business accounts with USD, EUR and GBP account details for receiving international payments.^26,27 Businesses can hold and convert 16 currencies and make payments across 18 markets from the same account.²⁷ Users can also get USD virtual cards priced at US$0.99 per month or US$2.99 as a one-time fee.^28,29

Personal accounts support receiving and sending international payments, holding funds and exchanging currencies.²⁶ Business accounts include these core features, along with tools such as integrations for payment automation and team spending controls.²⁷

*Fees checked in September 2026

→ Compare Chipper Cash vs Eversend to see how their business accounts, payment features and fees differ

FAQs

1. Is Aspire available for business use in Africa?

Aspire’s current list of supported business incorporation countries does not include African countries.⁴ Businesses incorporated in countries not on the list cannot open an account through the standard application process.⁴

2. How do Aspire alternatives compare for international payments?

WorldFirst, Payoneer, Raenest, Grey, Chipper Cash and Eversend all offer international payment services, but their supported countries, currencies, payment methods and business account features vary.^5,9,13,17,23

3. Which Aspire alternatives offer a multi-currency account and virtual cards?

WorldFirst, Payoneer, Raenest, Grey and Eversend offer combinations of multi-currency or foreign currency accounts and business card products, while Chipper Cash provides business accounts alongside card and USD account features in supported markets.^5,9,13,17,23

Sources

1. https://aspireapp.com
2. https://aspireapp.com/business-account
3. https://help.aspireapp.com/sg/en/articles/11636779-which-currency-can-we-send-and-receive-from-aspire-multi-currency-accounts-sgd-usd-gbp-eur
4. https://help.aspireapp.com/sg/en/articles/9239713-what-countries-does-aspire-support
5. https://www.payoneer.com/business/
6. https://www.payoneer.com/multi-currency-account/
7. https://payoneer.custhelp.com/app/answers/detail/a_id/18226/~/account-with-card—faq%20
8. https://www.payoneer.com/about/pricing/
9. https://www.raenest.com/business/home
10. https://www.raenest.com/business/make-payments
11. https://www.raenest.com/business/cards
12. https://help.raenest.com/en/articles/16163732-nigeria-fees-for-sending-receiving-money
13. https://help.raenest.com/en/articles/16163894-ghana-fees-for-sending-receiving-money
14. https://help.raenest.com/en/articles/16170422-kenya-fees-for-receiving-sending-money
15. https://help.raenest.com/en/articles/13285320-conversion-fees-on-raenest
16. https://help.raenest.com/en/articles/6391318-usd-virtual-card-charges-on-raenest
17. https://grey.co/business
18. https://grey.co
19. https://support.grey.co/en/articles/9819043-full-virtual-card-transaction-limit
20. https://support.grey.co/en/articles/10265140-faq-new-pricing-update
21. https://www.chippercash.com
22. https://business.chippercash.com
23. https://support.chippercash.com/en/articles/8415928-africa-usd-virtual-account-faqs
24. https://support.chippercash.com/en/articles/5194944-how-to-claim-your-chipper-card
25. https://support.chippercash.com/en/articles/5698220-business-account-documents-faqs
26. https://eversend.co
27. https://eversend.co/business
28. https://eversend.co/business/cards
29. https://help.eversend.co/en/articles/8185032-eversend-virtual-card-fees
30. https://help.eversend.co/en/articles/12059261-how-to-create-a-eur-usd-gbp-virtual-account
31. https://help.eversend.co/en/articles/16033176-what-are-the-virtual-account-fees-for-eur-usd-and-gbp-deposits

This article is intended for informational purposes only and does not constitute legal advice or professional advice. This article should not be regarded as constituting an offer or a solicitation to buy or sell any regulated or financial products or services. WorldFirst makes no representations or warranties regarding the accuracy, completeness, or applicability of the content, and readers are encouraged to consult with legal professionals or other professionals for advice tailored to their specific situation. WorldFirst does not guarantee the accuracy and completeness of this article and expressly disclaims any and all liability to any person in respect of the consequences of anything done or omitted to be done wholly or partly in reliance on this article.