Airwallex Capital has received a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS), enabling it to offer regulated investment options and custodial services.

About Airwallex

Airwallex is a financial service platform designed to modernize global banking for businesses. By leveraging proprietary technology, software, and artificial intelligence, the company streamlines account management, access to capital, spending control, and integration of financial services into daily operations. It replaces traditional systems with a unified solution that includes multi-currency accounts, payment solutions, spend management, and embedded financial products.

New Developments

With its new CMS license, Airwallex is now able to provide regulated investment services through its Yield product in Singapore. This service allows businesses to earn higher returns on their multi-currency balances by investing in top-rated money market funds.

Airwallex has partnered with Fullerton Fund Management for the SGD strategy and Goldman Sachs Asset Management for the USD solution, bringing robust institutional expertise to meet the needs of its customers. Fullerton Fund Management specializes in optimizing investment outcomes and enhancing investor experience through a range of investment solutions such as equities, fixed income, multi-asset, alternatives, and treasury management.

The launch of Airwallex Yield in Singapore follows successful rollouts in Australia and Hong Kong. This expansion underscores the company’s commitment to redefining global finance, allowing businesses to grow more efficiently according to their unique requirements.