Airwallex launches Yield in US

Airwallex is bringing its treasury management product, Yield, to US businesses, allowing companies to automatically move idle balances into money market funds to earn higher returns. The feature, which has already surpassed $1 billion in assets under administration globally, lets businesses sweep cash into a JP Morgan government money market fund while maintaining immediate liquidity inside the Airwallex platform. By embedding treasury management directly into its financial stack, Airwallex is positioning itself alongside fintech platforms like Stripe, Brex, and Wise that help companies generate yield on operational cash.