BNY and Finloop Join Forces to Shake Up Liquidity Management
Hong Kong fintech player Finloop has launched a groundbreaking instant liquidity solution, «CashPro,» in partnership with BNY Investments. The platform promises to redefine cash management for both retail and institutional clients.
Finloop Finance Technology Holding has rolled out «CashPro,» an AI-driven liquidity management solution designed to overcome traditional T+1 settlement barriers.
The new service, powered by BNY Investments’ liquidity platform, enables same-day interest accrual and hourly redemptions – a leap forward in cash efficiency for clients.
Building on Proven Success
The launch follows Finloop’s success with its T+0 money market fund platform, which has already processed transactions worth hundreds of billions of dollars.
By enhancing this model with BNY’s global liquidity network, «CashPro» aims to streamline fund processing even further, ensuring faster, more flexible access to capital.
Global Liquidity Network
BNY Investments’ platform offers a comprehensive suite of tools – from real-time cash movement and transfer to advanced data analytics.
This infrastructure allows Finloop to deliver sharper, data-driven solutions for optimizing liquidity, creating greater transparency and efficiency for wealth managers and investors alike.
Strategic Collaboration
«We are thrilled to collaborate with BNY Investments, a cherished alliance capable of offering this unique solution,» said Cheng Kang, Chairman of Finloop.
He added that the service, initially covering USD, will soon expand to include EUR, GBP, HKD, CNH, and JPY, underscoring its global ambition.
Expanding Opportunities for Investors
Doni Shamsuddin, Head of Asia Pacific at BNY Investments, highlighted the breadth of their platform: «By offering a diverse selection of money market funds in various currencies, our platform is uniquely equipped to support financial institutions in meeting their clients’ liquidity requirements.»
With $2.1 trillion in assets under management and access to BNY’s $55.8 trillion in assets under custody, the backing adds significant weight to Finloop’s innovation.
Pioneering the Future of WealthTech
Incubated under Fosun Wealth Holdings, Finloop positions itself as a Web5 (Web2+Web3) wealth technology platform bridging traditional and digital assets.
With «CashPro,» the firm reinforces its reputation as a fintech leader, leveraging partnerships and cutting-edge technology to pioneer new growth pathways in Asia’s wealth management industry.
