Aspire launches Yield in Hong Kong to help businesses earn more from idle cash

Idle cash in most Hong Kong business bank accounts earns little or no interest, leaving businesses with limited opportunities to put surplus capital to work. Today, Aspire introduced Aspire Yield, enabling businesses to earn returns on idle USD and HKD balances directly within their Aspire account, with no minimum investment amount and next-business-day access to their funds.

The launch follows AFT HK Treasury Limited, a company within the Aspire Group, securing the Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management) licence from the Securities and Futures Commission (SFC) of Hong Kong. The licence enables AFT HK Treasury Limited to offer regulated investment services, expanding the Aspire Group’s  products beyond business banking into treasury management.

"The most ambitious businesses don't think about banking, payments and treasury as separate functions," said Andrea Baronchelli, co-founder and CEO of Aspire. "They expect one platform that helps them manage every stage of their finances. Aspire Yield is another step towards that vision, helping businesses earn returns on idle cash while keeping capital readily available for growth."

Aspire first launched Yield in Singapore in August 2025. Since then, the product has attracted more than US$10 million in new assets under management (AUM) each month, with customers collectively earning approximately US$2 million in returns.

To power Aspire Yield, Aspire has partnered with Franklin Templeton and Taikang Asset Management (Hong Kong) to offer eligible businesses USD and HKD investment solutions, with current 7-day annualised yields of up to 3.64% p.a.¹ and 2.34% p.a., respectively.

"Businesses are increasingly looking for reliable, liquidity-focused ways to yield returns on surplus cash," said Powell Cheung,  Director – Products, Sales & Marketing Department, Taikang Asset Management (Hong Kong). “We're pleased that our HKD money market fund will empower Aspire customers with access to a professionally managed investment solution for their idle cash.”

"Businesses of all sizes are placing greater focus on cash management and liquidity. Our professionally managed money market fund offers an additional solution for businesses seeking to put idle cash to work through a simple digital experience,” said Chetan Karkhanis, SVP, Digital Assets Client Engagement, Franklin Templeton.

Aspire Yield is now available to eligible Hong Kong-incorporated businesses.

_{¹ Current 7-day annualised yields as of 31st July 2026. Yields are variable and subject to change. Figures are quoted before Aspire's 0.5% annual management fee. Investment involves risk. Past performance is not indicative of future performance. The fund is not a bank deposit and is not guaranteed.}

_{This material has not been reviewed by the Securities and Futures Commission (SFC).}