What is CashWise?
CashWise is a cash, liquidity and treasury platform for businesses in Singapore. The platform connects to existing bank/payment and investment accounts to manage and optimize cash for interest earnings. We partner with MAS licensed entities such as Syfe for investments and Airwallex & Wise for payments/banking. In addition, our solution can operate both as standalone instance or integrated with accounting systems like Xero . How Does the Interest Work? Our investment platform partner is Syfe . They offer a variety of investment ranging from unit trusts to individual stocks. For businesses, the most common investment vehicle are money markets due to their low volatility and consistent daily interest earnings. Money markets may be considered superior to fixed deposits for 2 reasons: Unlike fixed deposits, money markets do not require locking funds for a specific duration, they only need a few days to allow for trade settlement time before funds are released. Money markets a