SINGAPORE, July 29 (Bernama-BUSINESS WIRE) — Airwallex, a leading global fintech platform, today announced that its Singapore entity, Airwallex Capital (Singapore) Pte Ltd, has been granted a Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS). With this licence, Airwallex can now offer regulated investment solutions and custodial services to businesses in Singapore through its Airwallex Yield product.
Airwallex Yield is an investment fund management service that allows businesses to earn competitive returns on surplus funds held within their business¹.