Is Aspire available for business in India?

By Fredrik Filipsson, cofounder of Business Bank Index
Reviewed by Morten Andersen · Last reviewed 21 June 2026
Availability

Aspire for business in India: Available with limits

Key eligibility
India incorporated companies, with Aspire listing India among the countries it onboards outside Singapore, Hong Kong and the United States. Private limited companies, partnerships and similar structures, subject to KYB checks
Non resident position
Aspire opens the account against the India incorporated company and reviews directors and shareholders. It is a regional multi currency account rather than a local Indian bank account, so confirm how it fits cross border rules for your flows
Local currency support
Multi currency global account for holding and converting major currencies such as US dollar, euro, pound sterling and Singapore dollar, with FX at published rates. Local INR receiving and settlement should be verified with the provider
Headline monthly fee
Aspire markets no monthly account fee on its core business account, with FX and transfer fees applying per transaction. Confirm the current schedule for India incorporated companies with the provider, as of 21 June 2026
Availability and fees as of 21 June 2026Last reviewed 21 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Yes, with limits. As of 21 June 2026 Aspire lists India among the countries whose incorporated companies can apply, alongside markets such as Singapore, Hong Kong and the United States. An India registered company can open Aspire's multi currency business account online for holding, converting and paying in major currencies, but this is a regional account rather than a locally licensed Indian bank account, and INR handling should be confirmed. Eligibility and documents are reviewed case by case.

Does Aspire serve business customers in India?

Yes, with limits. Aspire is a Singapore based business finance platform offering multi currency accounts, cards and spend management. Its help centre lists India among the countries it onboards outside Singapore, Hong Kong and the United States, so a company incorporated in India can apply. The account is a regional multi currency account used to hold and convert currencies and make international payments, not a local Indian current account, and onboarding and the available feature set are subject to Aspire's review of your company structure and industry. Cross border receipts and payouts into India are governed by Indian foreign exchange rules, so confirm how your flows are treated. As of 21 June 2026.

Eligibility for businesses in India

Aspire accepts India incorporated companies, typically private limited companies, partnerships and similar structures. For companies registered outside Singapore it asks for a Certificate of Registration showing directors and shareholding, a constitution or memorandum and articles, identity documents for the user and each registered director, proof of address, and details of any shareholder holding 25 percent or more, plus a letter of authorisation where the applicant is not a director. It may request more depending on your structure and industry. Verify with the provider

What it costs locally

Aspire markets its core business account with no monthly account fee, earning instead on FX conversion and certain transfers and card services. Exact pricing depends on your country of incorporation and plan, and the schedule that applies to an India incorporated company should be confirmed directly. Treat any headline figure as a guide and check the current fees and the currency your account is billed in with the provider. As of 21 June 2026

What local users report

Aspire is used by startups and SMEs across Asia for multi currency collection, cards and spend management, and reviews note a fully online application that most applicants complete in minutes, with approval typically in several business days. Because the account is provided through Aspire's regional entities rather than an Indian bank, deposit protection and safeguarding follow those rules rather than an Indian deposit guarantee, and local INR receiving may be limited, so verify the parts that matter for your business before relying on them.

How to open Aspire for business in India

  1. Start the online application and enter your India incorporated company details and business type
  2. Upload your Certificate of Registration, constitution, director and user identity documents and shareholder details
  3. Complete Aspire's review, usually within several business days, then fund the account and set up cards and payments
Open with Aspire →

Questions about Aspire in India

Is Aspire available for business in India?
Yes, with limits. As of 21 June 2026 Aspire's help centre lists India among the countries whose incorporated companies can apply, alongside Singapore, Hong Kong and the United States. It is a regional multi currency account rather than a local Indian bank account. Verify the current position with the provider.
Who can open an Aspire account in India?
India incorporated companies, typically private limited companies and partnerships, can apply, subject to KYB. Aspire asks for a Certificate of Registration, a constitution or memorandum and articles, identity and address documents for the user and directors, and shareholder details for holders of 25 percent or more. As of 21 June 2026.
Does Aspire support the Indian rupee?
Aspire's account is a multi currency account focused on major currencies such as US dollar, euro, pound sterling and Singapore dollar. Local INR receiving and settlement into India are not its core offering and should be confirmed with the provider, as of 21 June 2026.
How much does Aspire cost in India?
Aspire markets no monthly account fee on its core business account, earning on FX conversion and some transfers and card services. The exact schedule depends on your country of incorporation and plan, so confirm the fees for an India incorporated company with the provider, as of 21 June 2026.

Availability, fees, and eligibility change. This page was last reviewed on 21 June 2026. Confirm the current position with Aspire before applying.

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