Revolut has launched Flexible Cash Funds for business customers in Singapore, offering access to money market funds with returns of up to 4.5% APY on USD.

This is the first time Revolut Business has introduced such a product for Singaporean businesses.

Clients on specific plans can open up to 100 Flexible Cash Funds in GBP, EUR, or USD, with no minimum or maximum investment amounts.

The company said its Singapore business platform saw a 125% rise in sign-ups in Q1 and has averaged over 50% quarter-on-quarter growth since its launch in August 2024.

Revolut Business has also introduced CNY SWIFT transfers, integrations with QuickBooks and NetSuite, and expanded its partnership with Sabre to Singapore for virtual card payments and FX management.

🔗 Source: Revolut