• Ripple plans to acquire BC Payments Australia Pty Ltd to secure an Australian Financial Services License (AFSL).
• Move enables end-to-end Ripple Payments platform with single integration for compliance, FX, and payouts.
• APAC payments volume nearly doubled year-on-year in 2025.
• Expands Ripple’s global regulatory licenses to over 75.
Ripple is advancing its regulatory compliance strategy in Australia with plans to acquire a local payments firm for an Australian Financial Services License (AFSL).
The blockchain payments company revealed the proposed acquisition of BC Payments Australia Pty Ltd on March 11, 2026. The deal, financial terms of which were not disclosed, is subject to standard completion processes and is expected to provide Ripple with the necessary license to operate more comprehensively in the market.
Once approved, the AFSL will empower Ripple to deliver its full Ripple Payments solution, managing the complete lifecycle of cross-border transactions including onboarding, compliance, funding, foreign exchange, liquidity management, and final payouts. This integrated approach combines traditional banking with digital asset capabilities for improved efficiency and reduced risks.
“Australia is a key market for Ripple, and an AFSL strengthens our ability to scale Ripple Payments across the region,” said Fiona Murray, Managing Director for Asia Pacific at Ripple, in the company’s press release. “By leveraging blockchain technology and digital assets, we enable customers to move value globally with greater speed, transparency, and reliability.”
The timing aligns with strong growth metrics, as Ripple’s APAC payments volume nearly doubled year-over-year in 2025. The company already serves several Australian clients, such as Hai Ha Money Transfer, Novatti Group, and Independent Reserve.
This development brings Ripple’s total regulatory licenses worldwide to more than 75, positioning it as a leader in compliant digital asset infrastructure. Ripple highlighted the milestone in a post on X, emphasizing its commitment to regulated operations in Australia.
Industry observers may see this as part of Ripple’s broader push for institutional adoption, especially as APAC remains a high-growth area for cross-border payments. The acquisition could help mitigate regulatory hurdles and accelerate partnerships with traditional financial institutions.
Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
