Ripple has taken a major step in Australia by securing an Australian Financial Services License (AFSL), to be delivered through the acquisition of BC Payments Australia Pty Ltd, pending final completion procedures. The license allows Ripple to offer fast, compliant payment solutions to financial organizations, fintech firms, and enterprises across the region.
Fiona Murray, Managing Director Asia Pacific at Ripple, stated: "Licensing is at the heart of our strategy to ensure we can provide safe and compliant solutions to our customers all over the world." She noted Australia as a key market for the company.
How the AFSL Reshapes Payment Operations
With the AFSL, Ripple Payments can directly control settlement processes, integrate local payout partners, and optimize transaction routing. This cuts counterparty risk and accelerates settlement times. Clients benefit from a single integration into Ripple's infrastructure without juggling multiple intermediaries or blockchain backends—a streamlined approach that appeals to institutions pursuing modernization.
APAC Payments Volume Nearly Doubles, Partner Network Grows
Ripple's APAC payments volume nearly doubled in 2025, underscoring strong regional uptake. In Australia, the company collaborates with Hai Ha Money Transfer, Novatti Group, Stables, Caleb & Brown, Flash Payments, and Independent Reserve. Globally, Ripple holds over 75 regulatory licenses, placing it among the most regulated digital asset firms—a compliance scale few competitors match.
Engagement with Regional Regulatory Initiatives
Ripple also participates in Project Acacia, led by the Reserve Bank of Australia, and the Digital Finance Cooperative Research Centre. These efforts ensure its digital asset solutions remain aligned with regulatory frameworks, rather than operating outside them.
