- Airwallex opens up access to an AAA-rated money market fund managed by J.P. Morgan Asset Management for U.S. customers
- No minimum lock-up periods with funds generally settling in <2 business hours
- Seamless integration with payments, FX, and spend management in one platform–cementing Airwallex’s position as a comprehensive global banking alternative
Airwallex, a leading global financial platform for modern businesses, today announced the U.S. launch of Yield, a treasury solution designed to help businesses optimize returns on idle cash. With Yield, customers can quickly and seamlessly move funds from their Airwallex cash balances into a AAA-rated money market fund managed by J.P. Morgan Asset Management, with the opportunity to earn returns that outperform traditional bank savings.
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Airwallex announces the U.S. launch of Yield, marking a milestone of over $1 billion in global assets under administration.
Since its initial debut in Australia just over two years ago, Yield has seen rapid global adoption, recently surpassing US$1 billion in global assets under administration. Usage data highlights the specific drivers behind this growth:
- SME Market Traction: This momentum is driven by small-to-medium enterprises with less than $10M in annual revenue, demonstrating that institutional-grade returns are a critical priority for the segment.
- Operational Simplicity: Customers are using Yield as a “set and forget” account, treating it with the ease of a traditional savings account to ensure their idle funds are consistently productive.
- Managing Global Volatility: The majority of these funds are held in USD, as companies increasingly seek to protect capital against local currency volatility and macro-economic uncertainty.
"Topping $1 billion is a testament to the demand for a new kind of banking experience – one that is global, digital-first, and institutional-grade," said Jack Zhang, co-founder and CEO of Airwallex. "With the launch of Yield in the U.S., we are closing the gap in the market for a unified platform. We are giving U.S. businesses a seamless way to operate across currencies, while ensuring their working capital is actively generating value, not sitting in an idle account.”
A Modern Approach to US Treasury Management
Airwallex Yield offers U.S. businesses a sophisticated alternative to traditional savings accounts, which often offer negligible returns. By providing seamless access to an AAA-rated money market fund managed by J.P. Morgan Asset Management, Airwallex enables finance teams to optimize their USD balances with the liquidity required for daily operations.
Key features of Airwallex Yield in the U.S. include:
- Competitive Daily Returns: Opportunity to earn returns on USD balances that outperform traditional bank savings.
- Daily Liquidity: No minimum lock-up periods, with funds generally settling back into cash balances within 2 business hours. For small businesses this agility is key, making it possible to switch cash balances into high-yield positions overnight, and switch them back to liquid cash just in time for payroll or vendor payments.
- Seamless Integration: Airwallex is collapsing the walls between treasury, accounts payable, and expense management. Customers can move funds between payments, payouts, corporate cards, and Yield accounts within a single dashboard. No external transfers, no logging in to multiple accounts—just one fluid ecosystem where customers' money is always in the right place at the right time.
- Institutional Safety: Funds are invested in J.P. Morgan U.S. Government Money Market Fund.
The U.S. launch follows a successful beta period in early January. U.S. businesses can activate Airwallex Yield directly within their existing account. For more information or to sign up, visit airwallex.com.
About Airwallex
Airwallex is an AI native global financial platform for modern businesses. We are building the future of global banking for a borderless, real-time, intelligent economy.
More than 200,000 companies worldwide – from startups to public enterprises – use Airwallex to manage their global banking and financial operations, or to build and monetize their own financial products using Airwallex infrastructure.
Founded in Melbourne in 2015, Airwallex holds 80 licenses across North America, Europe, the Middle East, and Asia-Pacific, forming one of the most comprehensive financial infrastructures in the world. This regulated backbone powers Airwallex products at global scale, including: payment acceptance, billing, global accounts, corporate cards, and spend management.
The company is co-headquartered in San Francisco and Singapore with over 2,000 employees across 26 offices. Learn more at www.airwallex.com.
Risk Disclosure
Airwallex Yield brokerage services are offered through Airwallex Capital US LLC, a registered broker-dealer and member of FINRA & SIPC. Past performance does not guarantee future returns. Airwallex Capital US LLC does not provide investment advice or recommendations, and is not currently available to retail investors.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.
All investments carry risk. You should seek advice from a financial adviser before making any investment decision. In the event that you choose not to seek advice from a financial adviser, you should consider whether the investment is suitable for you. Further details on the underlying J.P. Morgan Asset Management fund can be accessed via the prospectus here.
Business savings account comparisons are sourced from Bank of America, Capital One and J.P. Morgan Chase.
For a detailed description of fees and expenses associated with the Airwallex Yield account, click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260306377584/en/
Since its initial debut in Australia just over two years ago, Yield has seen rapid global adoption, recently surpassing US$1 billion in global assets under administration.
Contacts
For media inquiries, please contact press@airwallex.com.
