Ripple to acquire Australia's BC Payments and AFSL licence

ChainWatcher

2026-03-11 13:52:50

Abstract generation in progress

Launched in 2023, BC Payments provides fintechs and banks with solutions for cross-border payment services with the aim of overcoming the challenges faced by local high-growth firms, including restricted access to clearing, settlement, and international payment rails.

With the ASF Licence, Ripple Payments in Australia will be able to manage the full lifecycle of a transaction, from onboarding and compliance through funding, FX, liquidity management, and final payout, while integrating both traditional banking rails and digital assets.

Ripple now has more than 75 regulatory licences around the world. In Apac the firm’s payment volumes have nearly doubled year-on-year in 2025.

Fiona Murray, managing director, Asia Pacific, Ripple. “Australia is a key market for Ripple, and an AFSL strengthens our ability to scale Ripple Payments across the region. By leveraging blockchain technology and digital assets, we enable customers to move value globally with greater speed, transparency, and reliability. We remain focused on working closely with regulators to support the next phase of growth for digital asset infrastructure.”

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