• On average, Singaporean SMEs are collectively missing out on SGD 800M in potential interest earnings.
• A recent Syfe survey revealed that nearly half of Singapore’s SMEs prioritise guaranteed returns and liquidity when managing cash – with traditional banking solutions that often means losing out on potential returns on their capital.
• Syfe has partnered with Wallex to empower SMEs with competitive returns of up to 3.5% and next-day fund access, offering a smarter, more flexible solution to strengthen financial resilience.

Singapore, 13 Feb 2025 – Singaporean SMEs are collectively missing out on an estimated SGD 800 million annually by keeping idle cash in low-yield bank accounts, according to Syfe’s internal estimates. Syfe, Asia Pacific’s leading saving and investment platform, recently surveyed 350 SMEs which revealed the pressing cash management challenges these businesses face: nearly half prioritise guaranteed returns (48%) and value liquidity (45%) – with traditional banking solutions that often means losing out on potential returns on their capital....