Aspire has launched Aspire Yield, a new investment feature within its business account platform aimed at giving Singapore’s small and medium enterprises (SMEs) access to better returns on idle cash.
The rollout follows AFT SG 2, part of the Aspire Group, securing a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS) in April 2025.
The license enables the company to offer regulated investment solutions, with funds managed in partnership with Fullerton Fund Management for both Singapore and US dollar investments.
Aspire said the partnership is designed to provide the stability and performance needed to turn idle balances into capital growth.
Through Aspire Yield, businesses can access institutional-grade money market funds with no minimum investment requirement and next-business-day liquidity.
SMEs can earn up to 2.04% on Singapore dollar balances and 3.88% on US dollar balances, compared with traditional savings rates that typically range from 0.01% to 0.25% per year.
Early data from Aspire Yield’s beta showed that about 55% of funds now invested through the platform were previously sitting idle in traditional business accounts, generating minimal returns.
Aspire added that the product is designed for operational flexibility, with no lock-up periods and funds remaining accessible as business needs change.
“That’s a staggering statistic and shows just how much capital small businesses have been leaving on the table.
Aspire Yield changes this by giving every eligible Singapore business access to the same high-quality money market funds that are available to institutional investors, seamlessly integrated into their daily financial operations.”
said Andrea Baronchelli, CEO and Co-founder of Aspire.
“Small and medium enterprises are the backbone of Singapore’s economy, yet they’ve historically faced barriers in accessing institutional-quality investment solutions.
Our partnership with Aspire group democratises access to professional fund management, enabling SMEs to optimise their working capital with the same calibre of investment solutions traditionally reserved for larger businesses.”
said Mark Yuen, Chief Business Development Officer, Fullerton Fund Management.
