Ripple Targets Australian Payments Expansion With New Acquisition
Posted On March 11, 2026
Ripple on Tuesday announced it is looking to acquire Australian Financial Services License for expanding its presence in the Asia Pacific region.
Ripple’s Acquisition For Australian License
To secure the license, the company intends to acquire BC Payments Australia Pty Ltd, enabling it to operate a fully licensed, end-to-end payments platform in the country.
The platform would handle onboarding, compliance, funding, foreign exchange, liquidity management and final payouts, while integrating traditional banking infrastructure with digital assets.
Australia is viewed as a strategic market for Ripple as demand for faster cross-border payments continues to grow.
The company said its APAC payments volume nearly doubled in 2025, and it already …