Airwallex Capital has obtained a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS), enabling it to supply regulated investment options and custodial services.
Airwallex is a financial platform designed to simplify global banking for modern businesses. By leveraging proprietary infrastructure, software, and artificial intelligence, Airwallex streamlines account management, capital access, spending control, and integration of financial services. The company’s unified platform offers multi-currency accounts, payment solutions, spend management, and embedded financial products.
With this new license, Airwallex can now offer regulated investment solutions and custodial services to businesses in Singapore through its Airwallex Yield service.
Benefits of Airwallex Yield
Airwallex Yield acts as a fund management service that allows companies to generate attractive returns on their surplus multi-currency funds. Through Airwallex Yield, businesses can:
- Maximize earnings from their multi-currency holdings by investing in high-quality money market funds;
- Grow their foreign currency balances without needing to open additional accounts;
- Keep liquidity with no investment lock-ups, enabling businesses to transfer funds between cash and Yield accounts as required for growth.
In addition, Airwallex Capital is collaborating with Fullerton Fund Management for its Singapore Dollar (SGD) strategy and Goldman Sachs Asset Management for its US Dollar (USD) solution. These partnerships bring significant institutional expertise to meet customer needs.
Fullerton Fund Management Company Ltd specializes in optimizing investment outcomes and enhancing the investor experience by providing solutions across equities, fixed income, multi-asset classes, alternatives, and treasury management for various clients, including government entities and private wealth.
The launch of Airwallex Yield in Singapore follows successful rollouts in Australia and Hong Kong. This move reinforces Airwallex’s commitment to revolutionizing global finance, allowing companies to expand more rapidly, intelligently, and according to their own preferences.
