Latest news with #AndreaBaronchelli
Malay Mail
2 days ago
- Business
- Malay Mail
Aspire Becomes First Fintech to Integrate Directly with Payboy, Streamlining Payroll Management
SINGAPORE - Media OutReach Newswire - 10 June 2025 - Aspire , the all-in-one financial operating system for modern businesses, today announced its integration with Payboy , one of Asia's leading payroll software providers, serving over 70,000 users across the region. This integration marks Aspire as the first fintech company to directly integrate with Payboy, streamlining payroll operations for growing management is traditionally a cumbersome process. Businesses often spend valuable hours manually reformatting payroll files for bank transfers, increasing the risk of errors and operational disruptions. In fact, 52% of Singaporean HR professionals report spending up to 6 hours per week troubleshooting payroll errors, revising records, or querying data , time that could otherwise be directed towards strategic business growth and new integration directly addresses these challenges by enabling a seamless export of payroll data. Businesses can effortlessly export payroll files from Payboy and import them directly into Aspire without any additional manual reformatting. This streamlined process drastically reduces error rates and administrative workload, enabling payroll to be executed efficiently in just two simple steps: export and upload.'We are proud to be the first fintech to integrate with Payboy,' said Andrea Baronchelli, CEO and Co-Founder of Aspire. 'Aspire is leading the way in simplifying financial operations. We're not just offering faster payroll, we're redefining what modern, automated finance should look like for ambitious businesses.''This collaboration represents a shared vision of what business tools should be: intuitive, compliant, and built for growth,' said Raphael Ng, General Manager of Payboy. 'Together with Aspire, we're helping teams move faster with confidence, and enabling data driven decisions.'The partnership supports Aspire's broader vision of streamlining business finance through seamless integrations with trusted tools. The Payboy integration expands Aspire's suite of payroll integrations, reinforcing its commitment to automating and simplifying financial operations for Singaporean entrepreneurs and integration is now live and available to Aspire users in Singapore, create an account at The issuer is solely responsible for the content of this announcement. Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions - accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability.
Zawya
2 days ago
- Business
- Zawya
Aspire Becomes First Fintech to Integrate Directly with Payboy, Streamlining Payroll Management
SINGAPORE - Media OutReach Newswire - 10 June 2025 - Aspire, the all-in-one financial operating system for modern businesses, today announced its integration with Payboy, one of Asia's leading payroll software providers, serving over 70,000 users across the region. This integration marks Aspire as the first fintech company to directly integrate with Payboy, streamlining payroll operations for growing businesses. Payroll management is traditionally a cumbersome process. Businesses often spend valuable hours manually reformatting payroll files for bank transfers, increasing the risk of errors and operational disruptions. In fact, 52% of Singaporean HR professionals report spending up to 6 hours per week troubleshooting payroll errors, revising records, or querying data, time that could otherwise be directed towards strategic business growth and productivity. The new integration directly addresses these challenges by enabling a seamless export of payroll data. Businesses can effortlessly export payroll files from Payboy and import them directly into Aspire without any additional manual reformatting. This streamlined process drastically reduces error rates and administrative workload, enabling payroll to be executed efficiently in just two simple steps: export and upload. 'We are proud to be the first fintech to integrate with Payboy,' said Andrea Baronchelli, CEO and Co-Founder of Aspire. 'Aspire is leading the way in simplifying financial operations. We're not just offering faster payroll, we're redefining what modern, automated finance should look like for ambitious businesses.' 'This collaboration represents a shared vision of what business tools should be: intuitive, compliant, and built for growth,' said Raphael Ng, General Manager of Payboy. 'Together with Aspire, we're helping teams move faster with confidence, and enabling data driven decisions.' The partnership supports Aspire's broader vision of streamlining business finance through seamless integrations with trusted tools. The Payboy integration expands Aspire's suite of payroll integrations, reinforcing its commitment to automating and simplifying financial operations for Singaporean entrepreneurs and businesses. The integration is now live and available to Aspire users in Singapore, create an account at The issuer is solely responsible for the content of this announcement. Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions - accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability. Aspire
The Sun
2 days ago
- Business
- The Sun
Aspire Becomes First Fintech to Integrate Directly with Payboy, Streamlining Payroll Management
SINGAPORE - Media OutReach Newswire - 10 June 2025 - Aspire, the all-in-one financial operating system for modern businesses, today announced its integration with Payboy, one of Asia's leading payroll software providers, serving over 70,000 users across the region. This integration marks Aspire as the first fintech company to directly integrate with Payboy, streamlining payroll operations for growing businesses. Payroll management is traditionally a cumbersome process. Businesses often spend valuable hours manually reformatting payroll files for bank transfers, increasing the risk of errors and operational disruptions. In fact, 52% of Singaporean HR professionals report spending up to 6 hours per week troubleshooting payroll errors, revising records, or querying data, time that could otherwise be directed towards strategic business growth and productivity. The new integration directly addresses these challenges by enabling a seamless export of payroll data. Businesses can effortlessly export payroll files from Payboy and import them directly into Aspire without any additional manual reformatting. This streamlined process drastically reduces error rates and administrative workload, enabling payroll to be executed efficiently in just two simple steps: export and upload. 'We are proud to be the first fintech to integrate with Payboy,' said Andrea Baronchelli, CEO and Co-Founder of Aspire. 'Aspire is leading the way in simplifying financial operations. We're not just offering faster payroll, we're redefining what modern, automated finance should look like for ambitious businesses.' 'This collaboration represents a shared vision of what business tools should be: intuitive, compliant, and built for growth,' said Raphael Ng, General Manager of Payboy. 'Together with Aspire, we're helping teams move faster with confidence, and enabling data driven decisions.' The partnership supports Aspire's broader vision of streamlining business finance through seamless integrations with trusted tools. The Payboy integration expands Aspire's suite of payroll integrations, reinforcing its commitment to automating and simplifying financial operations for Singaporean entrepreneurs and businesses.
Sky News
14-05-2025
- Science
- Sky News
AIs can make collective decisions and influence each other, says new study
AIs are able to come to group decisions without human intervention and even persuade each other to change their minds, a new study has revealed. The study, carried out by scientists at City St George's, University of London, was the first of its kind and ran experiments on groups of AI agents. The first experiment asked pairs of AIs to come up with a new name for something, a well-established experiment in human sociology studies. Those AI agents were able to come to a decision without human intervention. "This tells us that once we put these objects in the wild, they can develop behaviours that we were not expecting or at least we didn't programme," said Professor Andrea Baronchelli, professor of complexity science at City St George's University and senior author of the study. The pairs were then put in groups and were found to develop biases towards certain names. Some 80% of the time, they would select one name over another by the end, despite having no biases when they were tested individually. This means the companies developing artificial intelligence need to be even more careful to control the biases their systems create, according to Prof Baronchelli. "Bias is a main feature or bug of AI systems," he said. "More often than not, it amplifies biases that are in society and that we wouldn't want to be amplified even further [when the AIs start talking]." 1:09 The third stage of the experiment saw the scientists inject a small number of disruptive AIs into the group. They were tasked with changing the group's collective decision - and they were able to do it. 2:35 This could have worrying implications if AI is in the wrong hands, according to Harry Farmer, a senior analyst at the Ada Lovelace Institute, which studies AI and its implications. AI is already deeply embedded in our lives, from helping us book holidays to advising us at work and beyond, he said. "These agents might be used to subtly influence our opinions and at the extreme, things like our actual political behaviour; how we vote, whether or not we vote in the first place," he said. Those very influential agents become much harder to regulate and control if their behaviour is also being influenced by other AIs, as the study shows, according to Mr Farmer. "Instead of looking at how to determine the deliberate decisions of programmers and companies, you're also looking at organically emerging patterns of AI agents, which is much more difficult and much more complex," he said.
Zawya
25-03-2025
- Business
- Zawya
50% of Startups Fail to Raise Beyond Seed: Aspire Ignite to Help Startups Beat the Odds
Aspire partners with global top tier VCs to launch a programme to empower early stage founders with the knowledge, resources and investor connections to fundraise with confidence. SINGAPORE - Media OutReach Neswire - 25 March 2025 - Aspire, the all-in-one finance platform for modern businesses, today announces the launch of Aspire Ignite, a programme designed to help early stage startup founders overcome one of the biggest challenges in their entrepreneurial journey: securing investment beyond seed funding. The initiative reinforces Aspire's continued commitment to empower entrepreneurs with the resources they need to succeed in a competitive global landscape. With nearly 50% of startups failing to raise beyond the seed stage globally, many promising ventures stall often due to a lack of mentorship, network access, and scalable growth strategies. Aspire has partnered with top tier global venture capital firms, including B Capital, Square Peg, Headline, Insignia Ventures, BEENEXT and many more to address these challenges by equipping founders with the insights and connections they need to navigate the competitive fundraising landscape with confidence through Aspire Ignite. Over the course of three months, the Aspire Ignite cohort will participate in a series of expert-led fundraising masterclasses, designed to help them refine their pitch and investor engagement strategies. In addition, they will gain exclusive access to VC reverse pitch sessions, where investors share an insider view on what they look for in early stage startups. Lastly, selected finalists will be able to have one-on-one office hours with top tier investors, providing tailored mentorship to help startups secure their next round of funding. "Too many great ideas never make it past the seed stage due to a lack of access and support,' says Andrea Baronchelli, CEO and Co-founder of Aspire. 'With Aspire Ignite, we're aiming to change that by giving founders the insider knowledge, investor connections, and resources they need to defy the odds and scale their businesses.' "We are excited to be joining Aspire Ignite, a program dedicated to equipping startup founders in Singapore with the tools and expertise needed to secure investment beyond the pre-seed stage,' said Heng Xuan, Strategy & Operations Senior Associate of BCapital. Over the next three months, I look forward to collaborating with ambitious entrepreneurs and refining their fundraising strategies through expert-led masterclasses." Aspire recognizes that as a startup's success isn't only hinged on strategic guidance and network access, it also requires the right tools and infrastructure to scale effectively. Aspire Ignite cohort members will receive over $200,000 in partner perks and benefits to help accelerate their growth. Additionally, finalists will be awarded $25,000 from Aspire, along with $500,000 in credits from leading partners such as Google, Microsoft, Amazon, and HubSpot, ensuring they have access to the best technology and services to build and scale their businesses. To be eligible for Aspire Ignite, the startups must be incorporated in the Asia Pacific region and have secured pre-seed funding. Applications for Aspire Ignite are now open, the cohort begins on April14. Early stage startup founders can apply at Hashtag: #aspire The issuer is solely responsible for the content of this announcement. Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions- accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability. Aspire
