In 2018, alongside fellow entrepreneur Giovanni Casinelli, Baronchelli founded Aspire, an “all-in-one” B2B fintech app helping small business owners automate various financial processes such as expense tracking, and doling out cross-border payments to both employees and vendors. Today, from its base in Singapore, Aspire serves over 50,000 SMEs across 16 countries, including eSIM provider Airalo, e-commerce firm Carousell, and news website Tech in Asia.
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Fuel prices surged after the Trump administration launched strikes against Iran on Saturday, immediately raising questions about whether the war would increase energy costs for Americans, put more pressure on power grids, and push companies to pump out more oil and gas in the US. If conflict drags on, that could potentially play into Donald Trump's plans to "drill, baby, drill" - but that doesn't necessarily protect Americans from higher energy prices.