Airwallex Launches Yield in Singapore, Unlocking Smarter Returns After MAS Licence Approval
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Airwallex launches Yield in
Singapore , enabling businesses to earn competitive returns on their multi-currency funds -
This follows approval from the Monetary Authority of
Singapore (MAS) for Airwallex to offer regulated investment solutions under a Capital Markets Services (CMS) licence - Airwallex is collaborating with Fullerton Fund Management and Goldman Sachs Asset Management to manage its Yield SGD and USD solutions, respectively
Airwallex Yield is an investment fund management service that allows businesses to earn competitive returns on surplus funds held within their business1.
Through Airwallex Yield, businesses can:
- Maximise returns on their multi-currency funds by investing in highly rated money market funds.
- Grow their foreign currency balances without opening additional accounts.
- Maintain liquidity, with no lock-up periods. Businesses can move funds between cash balances and Yield accounts as needed to meet their growth needs.
Airwallex Capital is collaborating with Fullerton Fund Management to manage its Singapore Dollar (SGD) investment strategy, and Goldman Sachs Asset Management for its US Dollar (USD) solution 鈥� both bringing deep institutional expertise to support customers鈥� needs.
Celebrating the licence, Arnold Chan, General Manager,
鈥淐ash management is a crucial aspect of any business. With Airwallex Yield, we are giving businesses a simple and flexible way to grow their idle funds, empowering companies of all sizes to establish a more effective treasury function,鈥� said Gary Harvey, Executive Director, Airwallex Capital (
Mark Yuen, Chief Business Development Officer, Fullerton Fund Management, said, 鈥淥ur partnership with Airwallex marks an exciting business channel for Fullerton, extending our institutional-grade investment expertise to a broader base of corporates in
鈥淎n evolving market environment calls for effective liquidity management strategies. As one of the leading liquidity solutions providers in the world, we look forward to working with Airwallex in
The launch of Airwallex Yield in
To learn more about Airwallex Yield in
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About Airwallex
Airwallex is a leading financial platform building the future of global banking for modern businesses. By combining proprietary infrastructure with software and AI, Airwallex is reimagining how businesses manage accounts, access capital, control spend, and embed financial services.
Designed to replace fragmented, legacy systems, Airwallex offers a unified platform for global financial operations 鈥� providing everything from multi-currency business accounts to payments to spend management and embedded financial products.
Founded in
Learn more at
About Fullerton Fund Management
Fullerton Fund Management Company Ltd (鈥淔ullerton鈥�) is an active investment specialist, focused on optimising investment outcomes and enhancing investor experience. We help clients, including government entities, sovereign wealth funds, pension plans, insurance companies, private wealth and retail, from the region and beyond, to achieve their investment objectives through our suite of solutions. Our expertise encompasses equities, fixed income, multi-asset, alternatives and treasury management, across public and private markets. As an active manager, we place strong emphasis on performance, risk management and investment insights. Incorporated in 2003, Fullerton is headquartered in
About Goldman Sachs Asset Management
Goldman Sachs Asset Management is the primary investing area within Goldman Sachs (NYSE: GS), delivering investment and advisory services across public and private markets for the world鈥檚 leading institutions, financial advisors and individuals. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. Goldman Sachs Asset Management is a leading investor across fixed income, liquidity, equity, alternatives, and multi-asset solutions. Goldman Sachs oversees
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1 Yield is not a savings or deposit product. Investments involve risks, including the possible loss of principal amount invested. You should seek advice from a financial adviser before making any investment decision. In the event that you choose not to seek advice from a financial adviser, you should consider whether the investment is suitable for you. |
2 Fullerton Fund Management as at 31 March 2025 |
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Media enquiries
For media enquiries, please contact Airwallex at [email protected].
Source: Airwallex