Hong Kong’s Securities and Futures Commission grants Airwallex licence to provide asset management services

• Airwallex Yield to be launched in early 2025, providing Hong Kong businesses with investment avenue for multi-currency funds

• Airwallex becomes the first global payments group to receive this licence in Hong Kong

HONG KONG - Airwallex today announced that Airwallex Capital* is now licensed by the Securities and Futures Commission of Hong Kong (SFC) to provide asset management services, paving the way for the upcoming launch of its popular Airwallex Yield in Hong Kong early next year. Airwallex Yield will enable customers to earn a return on multi-currency funds with no minimum lock-up period required. 

Airwallex Yield is designed to give businesses opportunities to:

• Maximise returns on their multi-currency funds via Airwallex Capital’s investments into highly-rated money market funds with decades of strong performance.

• Grow their multi-currency balances without having to open a foreign bank account.

• Avoid lock-up periods, hence easily move funds between cash balances and their Airwallex Yield account whenever needed to keep growing the business.

Airwallex Yield was first introduced in Australia in November 2023 by Airwallex Capital’s sister company, and has since attracted over AU$100M in funds under management.

Celebrating the licence, Arnold Chan, Airwallex APAC General Manager said, "Airwallex is proud to have received a licence for asset management services in Hong Kong, via Airwallex Capital. This makes Airwallex the first global payments group to obtain such a licence in Hong Kong. This milestone allows us to prepare the launch of Airwallex Yield in Hong Kong, which will help customers earn a return on multi-currency funds. We remain committed to innovation and providing cutting-edge financial solutions."

Interested customers can join the waitlist to receive information about Airwallex Yield when available.

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*Remarks: Airwallex Capital Hong Kong Limited (CE Number: BUL570) (“Airwallex Capital”) is licensed by the Securities & Futures Commission of Hong Kong to provide Type 4 (advising on securities) and Type 9 (asset management) regulated activities. In Hong Kong, Airwallex Yield will be a discretionary portfolio management service provided by Airwallex Capital Hong Kong Limited. Airwallex Yield is provided in Australia by Airwallex Capital’s local sister entity.

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About Airwallex

Airwallex is a leading global financial platform for modern businesses, offering trusted solutions to manage everything from payments, treasury, and spend management to embedded finance. With our proprietary infrastructure, Airwallex takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders. Proudly founded in Melbourne, Airwallex supports over 100,000 businesses globally and is trusted by brands such as Brex, Rippling, Navan, Qantas, SHEIN and many more. For more information, visit http://www.airwallex.com.