Ripple to acquire Australia's BC Payments and AFSL licence
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Ripple, a leading fintech company, is set to expand its presence in Australia through the acquisition of BC Payments, a local firm. This strategic move wil
Ripple to acquire Australia's BC Payments and AFSL licence
Ripple, a leading fintech company, is set to expand its presence in Australia through the acquisition of BC Payments, a local firm. This strategic move will enable Ripple to obtain an Australian Financial Services Licence (AFSL), allowing it to operate and offer its services in the Australian market more freely. The acquisition is significant for the Swiss fintech sector, as it highlights the growing importance of international partnerships and market access for Swiss fintech companies. As Ripple continues to develop its cross-border payment solutions, this move is expected to have a positive impact on the Swiss banking and finance sectors, which have been actively exploring the potential of fintech and AI innovations.
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Original Article: Ripple to acquire Australia's BC Payments and AFSL licence
Published: March 11, 2026
This article was automatically aggregated from Finextra for informational purposes. Summary written by AI.
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Original Source
This article is based on Ripple to acquire Australia's BC Payments and AFSL licence (Finextra)
