According to Fintech Singapore, Foresight News reports that Airwallex, an enterprise payment and financial platform, has launched an investment product called Airwallex Yield after obtaining a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). The product allows businesses to earn returns on idle multi-currency funds by investing in money market funds. The Singapore strategy is in collaboration with Fullerton Fund Management, while the US strategy is managed by Goldman Sachs Asset Management.
Airwallex launches investment product Airwallex Yield in Singapore
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