6 best Aspire alternatives in Singapore for 2026
Last update: 30 Dec 2025
Aspire is a popular choice for Singapore businesses that need a digital account, corporate cards and simple spend controls. It has scaled quickly in the region and now processes more than US$15 billion in annualised payment volume, demonstrating its widespread use among growing SMEs.
However, as soon as your operations involve overseas suppliers, multi-currency payouts or international marketplaces, your financial needs become more complex. You need broader currency support, stronger FX visibility and infrastructure built to support cross-border activity at higher volumes.
This guide highlights the best Aspire alternatives for 2026, chosen for what Singapore businesses need most in cross-border trade: useful currency accounts, transparent pricing, reliable settlement routes and finance tools that support growth.
Why Singapore businesses are exploring Aspire alternatives
Aspire provides many Singapore companies with a clean digital account, virtual cards and simple connections to accounting software. For early-stage teams or businesses that focus mainly on domestic payments, this setup can work well.
While Aspire earns praise for its clean interface and low-fee domestic setup, user feedback suggests it may struggle when businesses begin high-volume or complex cross-border operations.
Common pressure points include:
● More suppliers in China, the United States and Europe requiring fast and predictable settlement
● Rising volumes of cross-border payments for inventory, logistics, marketing and remote teams
● The need to collect funds in additional currencies, often from marketplaces or international customers
● A preference for holding balances in multiple currencies so finance teams can manage cash flow without constant conversion
These are the moments when businesses begin comparing Aspire with platforms that offer stronger multi-currency support, sharper FX control and payout networks designed for global trade.
How to evaluate Aspire alternatives for Singapore businesses
These are the points to consider if you’re a business that trades beyond Singapore and you require tools for international activity:
● Global payment flows: When you work with overseas suppliers or customers, you need fast, reliable international payments. Local account details in major currencies and predictable settlement times will help as cross-border volume grows
● FX cost and control: Transparent and competitive FX rates protect margins. The ability to hold multiple currencies and convert funds based on cash flow timing gives finance teams more control, especially for companies managing inventory cycles or marketplace payouts
● Multi-currency account functionality: Some providers offer a single interface for multiple currencies, along with statements, reconciliation tools and reporting capabilities
● Compliance and trust: Choose providers regulated by the Monetary Authority of Singapore for greater confidence. A reliable track record and an established customer base also signal stability
● Integrations and automation: Seamless connections to Xero, NetSuite or QuickBooks help finance teams reconcile faster and avoid unnecessary exports
● Scalability and fit: The right platform should support your expansion into new regions and marketplaces that pay out in different currencies. It must also align with your business model, whether e-commerce, wholesale, services or manufacturing
Top 6 Aspire alternatives in Singapore
Here’s a side-by-side comparison of six Aspire alternatives designed to support Singapore businesses with better currency coverage, reliable payouts and transparent international fees:
| Provider | Currencies | Local accounts | FX markup/fees | Transfer speed | Integrations |
|---|---|---|---|---|---|
| WorldFirst World Account | 20+ |
20+ (USD, EUR, GBP, AUD, SGD, JPY etc.) | Up to 0.6% on major FX | Same-day/next-day for major currencies | Amazon, Shopee, Shopify, 1688.com, Xero, NetSuite |
| Airwallex Business | 20+ |
23+ (USD, GBP, EUR, AUD, HKD etc.) | ~0.4% above interbank (majors), 0.6% others | Free local transfers (to 120+ countries), fast FX | Xero, QuickBooks, NetSuite; Shopify, Amazon, Stripe, PayPal |
| Statrys Business | 11 |
12 (USD, EUR, GBP, SGD, HKD, AUD, CAD, JPY, NZD, CHF, CNY, NZD) | From 0.1% FX margin (mid-market) | Local payments supported (12 markets) plus SWIFT globally | Xero, Shopify, Stripe, PayPal |
| Volopay | 5 |
SGD (local), multi-currency wallet for 5 | Variable fees (flat S$0–35 per transfer) | Same-day for local SGD; international (~3–5 days) | Xero, QuickBooks, NetSuite |
| Wise Business | 40+ |
9 (SGD, USD, EUR, GBP, AUD, CAD, NZD, CHF, HKD) | ~0.26% mid-market rate (variable) | Fast cross-border (mostly 1–2 days) | Xero, QuickBooks; |
| YouBiz (YouTrip) | 9 |
9 (USD, EUR, GBP, SGD, HKD, JPY, AUD, CHF, THB) | 0% on cards; mid-market FX for transfers | Instant local via FAST; low fee overseas | Xero |
All information checked in November 2025. Fees and availability vary by region; always confirm on the provider’s regional pricing page before making decisions.
- Open 20+ local currency accounts and get paid like a local
- Pay suppliers, partners and staff worldwide in 100+ currencies
- Collect payments for free from 130+ marketplaces and payment gateways, including Amazon, Etsy, PayPal and Shopify
- Save with competitive exchange rates on currency conversions and transfers
- Lock in exchange rates for up to 24 months for cash flow certainty
1. WorldFirst World Account
WorldFirst helps companies operating across borders manage their international business payments and collections easily.
The World Account lets Singapore businesses receive payments like a local in major markets, hold multiple currencies without forced conversions and pay suppliers through fast local rails.
It eliminates the need for multiple overseas bank accounts with a single multi-currency account that supports global sales, regional sourcing and marketplace expansion. Finance teams also benefit from strong integrations with accounting software, reliable execution and clear visibility across currencies.
Key features:
● Multi-currency support: WorldFirst’s World Account lets businesses hold 20+ currencies in a single account. You can collect payments in over twenty currencies for free and send funds in more than 100 currencies worldwide
● Local accounts: Open and hold local receiving accounts in 20+ currencies, including USD, EUR, GBP, AUD, JPY, CNH and SGD, with no setup or maintenance fees
● FX competitiveness: FX markups on major currency pairs are capped at 0.6%. WorldFirst provides transparent pricing, along with advanced tools such as forward contracts and firm orders, to manage currency timing
● Payment speed: WorldFirst routes payments through local rails such as FAST and GIRO for faster settlement. 90% of transfers in major currencies arrive the same day or the following business day
● Integrations: Connect with 130+ global marketplaces, including Amazon, Shopee and Shopify. The World Account also integrates with accounting systems like Xero and NetSuite for efficient reconciliation
● Cards: Apply for a World Card – a multi-currency debit card attached to the World Account, that supports zero FX payments in 15 currencies when spending from matching balances, plus up to 1.2% unlimited cashback.
● Customer satisfaction: WorldFirst maintains a 4.8 out of 5 rating on Google Reviews, with clients praising its support, reliability and ease of use across global transactions
Pricing highlights:
● No monthly account fee
● Free to open and maintain the multi-currency account
● Local transfers are US$1; local SGD transfers are free
● SWIFT transfers start from US$5
● 1688.com supplier payments are 0.8%
● Payments to other World Accounts are free
Case study: Tantex
Tantex, a Singapore-based textile company, struggled with high FX costs and slow international transfers when working with suppliers and customers across several markets.
After switching to the World Account, the team began collecting and paying in multiple currencies via faster local rails, cutting transaction costs by about 70% and improving cash flow visibility.
Director Janice Tan says:
“International payments used to be really cumbersome and it was also expensive. Cost is always a challenge. For each transaction with WorldFirst, we save about 70%, which overall is about thousands of dollars.”
Open a World Account today and give your business a smarter way to move money globally.
2. Airwallex
● Integrations: Airwallex integrates with major accounting platforms, including Xero, QuickBooks and NetSuite
● Cards: Businesses can issue up to 10 virtual multi-currency cards at no cost. Cards charge zero FX fees when spending from matching balances and provide 1% cashback on eligible transactions
● Customer satisfaction: Many users highlight its ease of opening overseas accounts, strong FX pricing and convenience when collecting and remitting funds across multiple markets
Pricing highlights:
● No monthly account fee for the standard business account
● FX margins are usually around 0.5% on major currencies
● Local transfers are often free, depending on the country and corridor
● International transfers may include SWIFT or intermediary bank fees
● Virtual card issuance is free under standard limits
3. Statrys
Key features:
● Multi-currency support: Statrys allows businesses to hold and receive funds in eleven currencies, including HKD, AUD, CAD, CHF, RMB, EUR, GBP, JPY, NZD, SGD and USD
● Local accounts: Statrys enables local payouts in 12 currencies, including USD, EUR, GBP, AUD, NZD, JPY, CHF, SGD, HKD, RMB and INR
● FX competitiveness: Statrys uses mid-market pricing with transparent, flat markups starting at 0.1%. Businesses can also access forward contracts and limit orders to protect long-term rates and plan cash flow
● Payment speed: Statrys supports international SWIFT transfers to more than 140 countries with full tracking
● Integrations: Statrys integrates with Xero for accounting, supports Shopify store synchronisation and connects with PayPal and Stripe
● Customer satisfaction: Customers often mention reliable support, predictable pricing and the value of having dedicated account managers for operational questions
Pricing highlights:
● No monthly account fee for most users
● HK$88 monthly fee may apply to certain Hong Kong or Singapore accounts, depending on activity levels
● FX markups generally begin around 0.1%
● Standard SWIFT fees apply for international transfers
● Local payouts in supported currencies follow simplified, transparent pricing
4. Volopay
Volopay is a spend management and corporate card platform designed for businesses that want stronger control over expenses, approvals and accounts payable workflows.
While its international banking capabilities are more limited than those of global payment providers, Volopay offers a toolkit for managing team spending, issuing unlimited virtual cards and automating bill payments.
It’s well-suited for companies that prioritise internal financial control and real-time visibility over multi-currency capabilities.
Key features:
● Multi-currency support: Volopay supports five currencies across its cards and wallet: SGD, USD, EUR, GBP and AUD
● Local accounts: Businesses receive a local SGD account for domestic transfers and bill payments. Non-SGD currencies are handled through multi-currency wallets, although accurate local receiving accounts in other currencies aren’t available
● FX competitiveness: Volopay uses a flat-fee model for international transfers, typically ranging from free to SG$35 per transfer
● Payment speed: Domestic SGD payments settle instantly at no cost. International transfers are processed via SWIFT and usually take one to three business days, depending on the receiving bank and currency
● Integrations: Volopay integrates with Xero, QuickBooks and NetSuite. The platform also supports invoice automation, real-time expense tracking and bulk payment workflows
● Customer notes: Users appreciate the unlimited virtual cards and strong mobile experience, but those with more complex currency needs may find the five-currency limit restrictive
Pricing highlights:
● Flat international transfer fees typically range between SG$0 and SG$35
● No FX percentage markup on international transfers
● Unlimited virtual card creation is included under standard plans
● Local SGD transfers are free and instant
● SWIFT transfers may include intermediary bank fees
5. Wise Business
Wise Business supports companies that prioritise low-cost FX, predictable fees and straightforward global payments. It offers one of the largest sets of supported currencies and places heavy emphasis on transparency.
Wise is particularly popular among SMEs, freelancers, online sellers and service providers who need a simple, reliable way to send and receive money across multiple markets without maintaining multiple overseas accounts.
Key features:
● Multi-currency support: Wise Business lets companies hold and convert 40+ currencies, making it suitable for businesses with diverse international income streams or suppliers
● Local accounts: Wise provides local bank details in nine currencies, including SGD, USD, EUR, GBP, AUD, CAD, NZD, CHF and HKD
● FX competitiveness: Wise uses mid-market rates with no hidden margin. Currency conversions typically start around 0.26%, helping businesses reduce FX costs on both small and high-volume payments
● Payment speed: Wise supports outbound payments to more than 70 countries and offers batch payouts to up to 1,000 recipients
● Integrations: Wise integrates with Xero and QuickBooks, enabling automatic reconciliation. An API is available for invoice creation, payment tracking and workflow automation
● Customer feedback: Businesses choose Wise for its ease of use, transparent pricing and the ability to send money globally at lower costs. However, some users note that Wise lacks team expense tools or advanced AP features found in more comprehensive platforms
Pricing highlights:
● One-time setup fee in Singapore (often SG$99)
● No monthly subscription for the business account
● FX fees typically begin around 0.23–0.26%
● Local transfers are often low-cost or free, depending on the payment corridor
● International transfers may include small variable fees per transaction
6. YouBiz (YouTrip Business)
YouBiz is the business solution from YouTrip, created for SMEs that want simple multi-currency spending, low-cost FX and a clean digital experience without the complexity of a complete global payments platform.
It combines a multi-currency wallet, virtual accounts, cashback cards and straightforward transfers in a single interface.
YouBiz is especially popular with startups and modern teams that prioritise transparent FX, fast local payments and an easy way to manage international spending.
Key features:
● Multi-currency support: YouBiz supports nine currencies in its business wallet, including USD, EUR, GBP, SGD, JPY, HKD, AUD, CHF and THB
● Local accounts: Businesses receive unique virtual account details in the same nine currencies, enabling instant, free inbound payments from clients and partners in those markets
● FX competitiveness: YouBiz uses mid-market rates with zero FX fees on spending. This allows teams to pay international suppliers and subscribe to global services without additional conversion charges
● Payment speed: YouBiz supports fast local transfers in Singapore through FAST and offers low-cost overseas transfers at wholesale FX rates
● Integrations: The platform includes an expense management dashboard for teams and integrates with Xero for automatic transaction syncing. Being part of the YouTrip ecosystem, it benefits from strong mobile and card functionality
● Customer feedback: Users frequently mention ease of use, strong exchange rates and the convenience of managing multiple currencies without added fees
Pricing highlights:
● Free to open and no monthly account fee
● Zero FX fees on spending across supported currencies
● Currency exchange markup generally ranges between 0.1 and 0.4% over wholesale rate
● Local SGD transfers via FAST are free
● Overseas transfers priced at competitive wholesale FX rates with clear, upfront transparency
Why World Account is the best Aspire alternative in 2026
Each Aspire alternative in this guide offers something valuable. For Singapore businesses that trade across borders and need reliability at scale, the World Account from WorldFirst is the strongest choice.
Here’s why World Account leads:
● Receive money like a local: Access local account details in 20+ currencies and collect funds from customers and marketplaces without opening foreign bank accounts
● Clear and competitive FX: WorldFirst caps FX markups at 0.6% on major pairs, with tools like forward contracts and firm orders to help you manage future costs
● Fast, dependable payouts: Payments move through local rails such as FAST and GIRO, supporting smoother supplier cycles and better cash flow
● Built for global e-commerce: Integrations with more than 130 marketplaces make the World Account a strong fit for sellers operating across multiple channels
Unlike Aspire, WorldFirst offers predictable FX, fast local payouts and no monthly account fees, helping you keep more of your margins as your cross-border activity grows.
Open a World Account today for free and simplify your global payments from the very first transaction.
Sources:
1. https://www.worldfirst.com/sg/business/multi-currency-account/
2. https://www.worldfirst.com/sg/business/world-card/
3. https://www.worldfirst.com/uk/insight/
4. https://www.youtube.com/@worldfirst
5. https://www.airwallex.com/sg/business-account
6. https://www.airwallex.com/sg/pricing
7. https://www.airwallex.com/sg/customer-stories
8. https://statrys.com/business-account
9. https://eservices.mas.gov.sg/fid/institution
10. https://www.volopay.com/sg/
11. https://www.volopay.com/sg/pricing/
12. https://wise.com/sg/busines
13. https://wise.com/sg/pricing
14. https://www.payoneer.com/solutions/business/
15. https://www.payoneer.com/solutions/marketplaces/
16. https://www.revolut.com/business/business-account/
17. https://www.revolut.com/business/pricing/
18. https://www.youbiz.com/sg/
19. https://www.businesstimes.com.sg/companies-markets/youbiz-empowers-smes-acces
Businesses trust WorldFirst
- Almost 1,000,000 businesses have sent USD$300B around the world with WorldFirst and its partner brands since 2004
- Your money is safeguarded with leading financial institutions
