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Aspire Business Account vs Statrys Business Account
Aspire gives startups, SMEs, and mid-sized companies one platform for banking, international payments, and financial operations. Statrys is an Asia-focused payment provider offering virtual multi-currency accounts, popular with SMEs and holding companies in Hong Kong and Singapore. Here's how they compare.
About Aspire
Aspire Business Account is a Multi-Currency Business Account offered by Aspire, who operates as a Payment Services Institution in Singapore.
About Statrys
Statrys Business Account is a Multi-Currency Business Account offered by Statrys, who operates as a Major Payment Institution in Singapore.
Aspire Business Account vs Statrys Business Account key differences
Here's a side-by-side comparison of both accounts to highlight key differences and help you choose the best business account for your needs.
| Payment Services Institution | Major Payment Institution | |
|---|---|---|
| Business account | ||
| Account type | Multi-Currency Business Account | Multi-Currency Business Account |
| Payment rails | Domestic: FAST, GIRO, MEPS, PayNow, Local TT International: ACH, SEPA, SWIFT, FPS | Domestic: FAST, MEPS International: SWIFT |
| Local collection accounts | 8 currencies (SGD, USD, EUR, GBP, MYR, PHP, IDR, VND) | 11 currencies (SGD, USD, HKD, EUR, GBP, CNY, JPY, CHF, AUD, NZD, CAD) |
| Batch payments | Supports in SGD, INR, USD, IDR, MYR, EUR, PHP, AUD, THB, VND | Not available |
| API | Yes | No |
| Expense management | Offered natively for free; full expense management: corporate cards, real-time spend tracking, approval workflows, employee claims & reimbursements, budget management, receipt upload, accounting integration | Basic monitoring only; card-based spend controls; free with account |
| Invoicing | Offered natively | Offered natively |
| Pricing and fees | ||
| Monthly fee | No monthly fee (Basic plan) / SGD $15 (Premium plan) | No monthly fee |
| Account set up fee | No account setup fee | No account setup fee |
| Minimum balance | No minimum balance required | No minimum balance required |
| Local transfer fee (sending) | PayNow, FAST, Recurring/ Scheduled Transfers, Local TT: Free | FAST: SGD $1.5 MEPS: SGD $15 Local Payment: SGD $4 |
| International transfer fee (sending) | SWIFT: USD $15 (SHA), USD $30 (OUR) | SWIFT: SGD $20 Local Payment: SGD $4-8.5 |
| Receiving payments fee | Local Receive: Free International Receive: SGD $35 for SGD account / USD $8 for other accounts via SWIFT | Local Receive: Free International Receive: SGD $5 |
| FX markup | From 0.22% | From 0.1% |
| Global coverage | ||
| Supported currencies | 30+ currencies: SGD, USD, EUR, GBP, AUD, CAD, HKD, JPY, INR, IDR + 20 currencies more | 11 currencies: SGD, USD, HKD, CNY, EUR, GBP, CAD, JPY, AUD, NZD, CHF |
| Global payment network | 130+ countries | 120+ countries |
| Integrations and ecosystem | ||
| Integration with third-party apps | 30+ integrations. Key apps: Amazon, Apple Pay, Xero, Info-Tech, Stripe | 4 integrations. Key apps: Xero, Stripe, PayPal, Shopify Payments |
| Accounting software integrations | Integrates with 10+ softwares. Direct integration with Xero and Quickbooks | Integrates with Xero |
| E-commerce integration | Yes, with Shopify, Temu, Shopee, Amazon | No |
| ERP Integration | Yes | Yes |
| Support | ||
| Customer support | In-app live chat; email | In-app chat; phone; email |
Business account
Pricing and fees
Global coverage
Integrations and ecosystem
Support*Fees may vary, Comparison as of July 2026
Trusted by 50,000+ modern businesses
4.5 rating
3 reasons why Aspire is better
Aspire is built to be your primary business account, helping you save more, earn more, and move faster in your day-to-day operations. Here's how Aspire stands out.
Pay in more currencies, open fewer accounts
Aspire's 30+ currency payment capability means you can handle most international transactions from one account, rather than maintaining separate banking relationships for each currency. Statry's supports only 11 currencies. For businesses adding vendors, clients, or employees in new markets, Aspire's 30+ currency coverage means you are unlikely to hit a currency wall as you grow.
Budget controls and spend approvals built in
Aspire's expense management features include budget thresholds, multi-level approval workflows, and real-time spend alerts, available without upgrading to a premium tier. For finance teams at growing companies, this means fewer tools to manage, less manual reconciliation, and real-time spending data without waiting for end-of-day exports. Aspire handles it natively.
Accounting integrations built in
Aspire's native integrations with Xero, QuickBooks, and other accounting tools ensure your transaction data is always up to date, making month-end close faster and less error-prone. Statrys Business Account has fewer integrations, which can leave gaps in your financial workflow and require manual workarounds. When bank transactions flow automatically into your accounting software, the margin for entry errors shrinks considerably.
How Aspire works
Aspire brings together the security of traditional banking with the innovation of modern fintech to create the future of business finance. Here's what makes our platform uniquely powerful:
Trusted banking foundation
Your money is safeguarded in Tier 1 banks like DBS Singapore, and backed by partnerships with Citibank, JPMorgan, and Visa. Get the security of traditional banking with the speed of modern fintech - all fully compliant with MAS regulations.
Seamless global payments
Send and receive payments in 30+ currencies across 130+ countries at market-leading rates. Our transparent fee structure means no surprises, while smart workflows streamline your operations from payroll to revenue collection.
AI-powered financial control
Take charge with intelligent tools built for modern business. From multi-level approvals to real-time fraud detection, automated reconciliation to comprehensive integrations - work smarter, not harder.
Run your finances from one place
Open a multi-currency business account with no monthly fee, built-in invoicing, and real-time expense tracking.
Frequently asked questions about Aspire Business Account vs Statrys Business Account
Choose Aspire over Statrys Business Account if your business needs more than just a multi-currency account. Aspire brings full expense management with corporate cards and approval workflows, a lower FX markup starting from 0.22%, and a broader integration ecosystem with 30+ connected apps, all in one platform. For finance teams that want to consolidate their stack and reduce the number of tools they manage, Aspire's breadth of functionality gives it a clear edge. <div
Statrys may suit businesses for whom FX cost is the primary consideration, its markup starting from 0.1% is lower than Aspire's 0.22%. It also includes phone support alongside in-app chat and email, which may appeal to businesses that prefer voice-based customer service. For businesses receiving frequent international SWIFT payments, Statrys charges SGD $5 per international receive can add up to significant savings. <div
Aspire has the broader platform: more transactable currencies, 30+ integrations, and a more complete expense management offering including batch payments and native invoicing. Statrys edges ahead on FX markup, starting from 0.1%, which benefits businesses making large cross-currency transfers. For Singapore businesses managing multi-function finance operations, Aspire is the stronger overall choice. <div
Both platforms are competitive on cost, with trade-offs depending on your payment mix. Aspire's local transfers are free, while Statrys charges per domestic transaction. Statrys has a lower FX markup at higher volumes, which benefits businesses making large cross-currency transfers. For businesses with a high volume of local payments, Aspire is the lower-cost option. For businesses making primarily large international transfers, Statrys' FX rate may deliver savings.
Hear it first from our customers
Gregory Van
CEO of Endowus
“As a startup, we needed more flexible solutions to support our increasing needs, as well as ones that’d make the most financial sense in supporting our growth.”
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Holly Qian
Head of Finance at First Page
“By leveraging Aspire, First Page aimed to establish tighter control over our financial outflows, ensuring that all media spending stayed within the allocated budget limits. This was crucial for maintaining financial discipline and ensuring that our company’s marketing efforts were both effective and sustainable.”
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William Chong
Finance Director at Glints
“In the past, we used different devices for calls, music, and work. Just like smartphones brought everything together, Aspire elegantly combines corporate cards, FX, business accounts, payables, and much more, into one user-friendly interface.”
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