Revolut Business has launched Flexible Cash Funds in Singapore, offering companies a way to earn daily returns on idle balances through low-risk money market funds.

Available on Grow, Scale, and Enterprise plans, the feature provides up to 4.48% APY (variable) on USD and supports up to 100 funds across GBP, EUR, and USD with no minimum or maximum investment limits.

This marks Revolut Business’s first product of its kind in Singapore.

Customers can add or withdraw funds within two business days without fees or restrictions under normal market conditions and assign access controls for team members.

Globally, Flexible Cash Funds manage over US$500 million in assets.

Since launching in August 2024, Revolut Business has recorded a 125% jump in sign-ups in its first quarter and an average quarterly growth of more than 50%.

The team plans to expand its headcount ninefold by the end of 2025, supported by a robust product pipeline that includes upcoming features such as merchant acquiring solutions.

Recent updates include CNY SWIFT transfers for international payments, and new integrations with QuickBooks and NetSuite to streamline accounting.

Revolut has also expanded its partnership with Sabre, enabling travel agencies to issue Revolut virtual cards directly within the Sabre Virtual Payments platform.

Revolut Business also integrates with Xero and FreeAgent.

James Gibson, Head of Revolut Business said,

“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.”

Ashley Thomas, Head of Strategy & Operations at Revolut Singapore said,

“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.”

Featured image: Edited by Fintech News Singapore, based on image by ilygraphic via Freepik