Ripple to secure Australian Financial Services License, expanding payments offering across APAC

Ripple said it will seek an Australian Financial Services Licence (AFSL) as part of a planned acquisition of BC Payments Australia Pty Ltd, a unit of the Banking Circle Group, in order to expand its regulated payments offering in Australia and across Asia-Pacific (APAC). The company said the licence would let it offer a more fully regulated, end-to-end cross-border payments platform for financial institutions, fintechs, and enterprises, with coverage across onboarding, compliance, funding, FX, liquidity management, settlement, and payout. The move matters because Australia is a key market in Ripple’s broader regional strategy, and the AFSL would allow Ripple Payments to operate more directly within local regulatory frameworks while integrating traditional banking rails with digital assets. Ripple also said its APAC payments volume doubled year-on-year in 2025, underscoring why it is prioritizing regional licensing and infrastructure expansion.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Ripple to obtain Australian Financial Services Licence (assetservicingtimes.com)
• Ripple to Secure Australian Financial Services License, Expanding ... (ripple.com)
• Ripple seeks Australian AFSL license as payments volume doubles (asianbankingandfinance.net)
• Ripple Targets AFSL to Bolster Australian Payments (fintechmagazine.com)
• Ripple (x.com)

Explore the topic

• Ripple
• License