Ripple seeks an Australian Financial Services License to expand cross border payments across the Asia Pacific region.
Ripple plans to acquire BC Payments to secure a licensed platform and manage payments across Australia.
Ripple payment volume in Asia Pacific nearly doubled in 2025 showing rising demand for faster global transfers.
San Francisco-based payments company Ripple plans to secure an Australian Financial Services License. The company revealed the plan in a press release on March 11. The license will support expansion of regulated payment services across Australia and the wider Asia-Pacific region. Moreover, the move reflects growing demand for faster cross-border payment infrastructure.
🚨 JUST IN: RIPPLE TO ACQUIRE BC PAYMENTS SECURING AUSTRALIAN FINANCIAL LICENSE
Ripple will acquire BC Payments to obtain an Australian Financial Services License, enabling the firm to expand Ripple Payments platform and services across the Asia-Pacific region. pic.twitter.com/0isBtNraG4
— Coin Bureau (@coinbureau) March 11, 2026
Ripple aims to strengthen its regulated operations in Australia through a targeted acquisition. The company plans to acquire BC Payments Australia Pty Ltd, which already holds regulatory approval. This acquisition provides a direct path toward securing the Australian Financial Services License. Currently, the transaction remains in the final stages before completion.
The license would allow Ripple to offer regulated payment services to banks, fintech firms, and businesses. Additionally, it would improve trust among customers who rely on international money transfers. Ripple also expects the license to strengthen its ability to scale the Ripple Payments platform.
Ripple intends to complete the acquisition to gain full operational licensing in Australia. Once finalized, the company will operate a licensed platform that manages the entire payment lifecycle. This system includes customer onboarding, compliance checks, funding operations, and foreign exchange services.
Furthermore, Ripple will manage liquidity and final payment transfers through the same platform. The infrastructure also connects traditional banking networks with digital asset systems. Consequently, businesses gain more options when sending funds across international borders.
The setup also allows Ripple to control transaction settlement. In addition, the platform connects clients directly with local payment partners in Australia. This approach shortens payment processing time and improves transaction visibility.
Moreover, the structure reduces risks linked to multiple intermediaries in cross-border transfers. Businesses using Ripple’s infrastructure will only require one system connection. Therefore, companies avoid working with several payment providers or complicated blockchain tools.
Ripple reported strong growth in payment demand across the Asia-Pacific region. The company stated that its payment volume in the region nearly doubled during 2025. This rise reflects growing interest from financial institutions seeking faster international payment solutions.
Ripple stated that it now holds more than 75 regulatory licenses worldwide. This places the company among the most regulated firms in digital asset financial services.
In addition, Ripple is participating in Project Acacia, an initiative led by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre.
Ripple is expanding other blockchain financial services globally. In February, the company extended the reach of its RLUSD stablecoin in the United Arab Emirates. The expansion occurred through a partnership with Zand Bank.
The integration connects RLUSD with AEDZ. AEDZ represents the first regulated stablecoin linked to the UAE dirham. The partnership focuses on bringing financial services onto blockchain infrastructure. Additionally, the integration supports tokenization services and liquidity management tools across the regional digital asset market.