Revolut launches Flexible Cash Funds for Singapore businesses
Revolut Business has launched Flexible Cash Funds for business customers in Singapore, providing companies with the ability to invest in money market funds that offer variable annual percentage yields of up to 4.48% on US dollar balances. The move signals an expansion of options for businesses seeking low-risk investment solutions traditionally limited to larger enterprises.
New investment options
The Flexible Cash Funds product allows companies to invest excess balances in money market funds denominated in USD, GBP, or EUR. Revolut Business customers can open up to 100 funds per account, with no minimum or maximum investment limits imposed. Participating customers are offered daily returns, with money accessible for withdrawal within two business days, under normal market conditions.
Globally, Revolut reports that its Flexible Cash Funds product manages more than USD $500 million in assets for clients. The investment vehicle is available to customers on the Grow, Scale, and Enterprise plans.
Expansion in Singapore
Since launching Revolut Business in Singapore in August 2024, the platform has reported accelerated growth. In its first quarter, business sign-ups were up 125%. This was followed by average quarter-on-quarter growth of over 50%. The company is now planning to increase its Singapore team size by ninefold by the end of 2025 compared to its launch period. Revolut states that demand for digital cash management and investment solutions in Singapore remains robust.
Business management tools
Through its business offering, Revolut aims to provide clients with tools to help manage foreign exchange risk, streamline payments, and increase operational efficiency. The Flexible Cash Funds proposition complements existing features such as multi-currency accounts, international payments, and FX risk management tools.
Clients are able to exchange funds at interbank rates, within plan limits and during market hours, and can use stop and limit orders to further manage exposure to currency volatility. The platform also allows customers to set access permissions for different team members, aiming to support security and control requirements for businesses of varying sizes.
Recent integrations
Revolut has increased its focus on product integrations for its business banking customers in Asia. Recent launches include CNY SWIFT transfers, enabling Singapore-based businesses to send Renminbi to international recipients. Integration with widely used accounting platforms QuickBooks and NetSuite now allows local businesses to connect their Revolut Business accounts, supporting automated transaction and expense reconciliation. These complement existing links to Xero and FreeAgent.
A partnership with Sabre has also been extended to Singapore, permitting travel agencies to generate Revolut virtual cards through the Sabre Virtual Payments platform for supplier payments and FX management.
Product pipeline
The company says it will continue to expand its business services with new features. Upcoming additions are expected to include solutions for merchant acquiring.
"At Revolut, we're relentless in our mission to simplify financial management. For Revolut Business, that means helping companies invest efficiently and grow with confidence. Our Flexible Cash Funds are designed to support that goal-enabling businesses to strengthen their capital base and plan for future expansion. Through Flexible Cash Funds, we're proud to make money market funds accessible to companies of all sizes, not just large asset managers or those with substantial reserves," said James Gibson, Head of Revolut Business, Revolut.
"Revolut Singapore has seen strong momentum in the retail space and we are well on track to replicate this success in the B2B space. We have our ears close to the ground, always listening to our customers and constantly seeking ways to enhance our offerings to better serve their needs. We are humbled by the incredible growth we've seen so far and we know that this is only the beginning," said Ashley Thomas, Head of Strategy & Operations, Revolut Singapore.
