- Ripple secures AFSL to speed up cross-border payments and boost regulatory compliance.
- Acquisition of BC Payments allows Ripple to manage full payment lifecycles efficiently.
- Ripple leverages blockchain to reduce risk, improve transparency, and simplify transactions.
Ripple is taking a major leap with its move in Australia, where it has secured an Australian Financial Services License (AFSL) to enhance its presence in Asia Pacific. With this license, Ripple is able to provide efficient and fast payment solutions to financial organizations, fintech firms, and enterprises while complying with regulations.
Fiona Murray, Managing Director Asia Pacific at Ripple, said: “Licensing is at the heart of our strategy to ensure we can provide safe and compliant solutions to our customers all over the world.”
Ripple’s move is a reflection of its commitment to scaling its Ripple Payments platform across Asia Pacific. Apart from providing efficient payment services, the AFSL would enable Ripple to use its technology – blockchain – to provide transparent services.
The license will come via the acquisition of BC Payments Australia Pty Ltd, pending standard completion procedures. Consequently, Ripple can manage the entire transaction lifecycle, from onboarding and compliance to funding, FX, liquidity management, and final payouts.
Streamlining Payments with Blockchain
With the AFSL, Ripple Payments can directly control settlement processes, integrate local payout partners, and optimize transaction routing. This reduces counterparty risk and accelerates settlement times. Moreover, customers benefit from a single integration into Ripple’s infrastructure without managing multiple intermediaries or the blockchain backend. This seamless approach appeals to institutions seeking modernization.
Ripple’s APAC payments volume nearly doubled in 2025, showing strong regional adoption. The company collaborates with leading Australian financial institutions, including Hai Ha Money Transfer, Novatti Group, Stables, Caleb & Brown, Flash Payments, and Independent Reserve. Additionally, Ripple’s global footprint includes more than 75 regulatory licenses, placing it among the most regulated digital asset companies. Few competitors match this scale of compliance, giving Ripple an edge in institutional adoption.
Commitment to Regulatory Collaboration
Ripple is also an active participant in regional initiatives such as Project Acacia, spearheaded by the Reserve Bank of Australia, and the Digital Finance Cooperative Research Centre. In other words, the company ensures that its digital asset solutions are compliant with regulatory requirements. “Australia is a key market for Ripple,” Murray added.
