#Hong Kong #CashPro #Finloop #BNY Investments

Finloop Introduces CashPro: A Revolutionary Liquidity Management Solution

Finloop Finance Technology Holding Limited, a prominent player in the AI-driven financial technology sector, has officially unveiled its latest offering, CashPro. This innovative liquidity management solution is designed for both retail and institutional clients, marking a significant advancement in financial services. Developed in collaboration with BNY Investments, which is part of the global financial giant BNY, the CashPro solution aims to redefine traditional liquidity management practices in Hong Kong.

The Essence of CashPro

CashPro leverages BNY Investments' robust liquidity platform to deliver immediate liquidity solutions that challenge the usual T+1 processing limits, allowing same-day interest accrual on subscriptions and hourly redemptions. This enhancement is particularly advantageous for clients who demand real-time capital flexibility, making it an indispensable tool for modern financial management.

Cheng Kang, Chairman of Finloop, expressed enthusiasm for the partnership with BNY Investments, stating, “We are thrilled to collaborate with BNY Investments, which enables us to provide our clients with unmatched access to liquidity solutions.” He emphasized that CashPro will not only simplify cash management but will also enhance capital efficiencies across all its offerings.

A Game Changing Collaboration

The collaboration with BNY Investments allows Finloop to tap into a comprehensive liquidity network that encompasses everything from cash transfers to advanced analytics. By integrating these resources, CashPro provides an unparalleled suite of liquidity management tools tailored specifically for its clients’ needs.

Finloop’s existing solution, a T+0 money market fund, has already facilitated transactions amounting to hundreds of billions of U.S. dollars, which speaks volumes about its reliability and efficiency. The CashPro offering is built on this solid foundation, with the intention of further enhancing operational functionalities for its users.

Future Prospects of CashPro

Currently, CashPro services USD holdings, with plans to expand its offerings to include other major currencies such as EUR, GBP, HKD, CNH, and JPY in the near future. This strategic expansion underscores Finloop’s commitment to meeting the diverse liquidity needs of its global clientele.

Doni Shamsuddin, Head of Asia Pacific for BNY Investments, also shared his excitement regarding the launch, indicating that the platform is well-equipped to meet the complex liquidity requirements of financial institutions in today’s global market. “By offering a diverse selection of money market funds in various currencies, our platform stands out as a critical resource for institutions focused on managing their liquidity,” he noted.

Finloop's Commitment to Innovation

As an AI-driven global one-stop Web5 wealth technology platform, Finloop is dedicated to bridging the gap between physical and digital assets. The company provides an array of wealth management products and technological solutions, ranging from cash management and structured products to virtual assets. With a keen focus on innovation during the Web3 era, Finloop is poised to pave new pathways for growth within the wealth management industry. Moreover, by continuously enhancing its offerings, such as CashPro, the company reinforces its position as a leader in financial technology across Asia.

Final Thoughts

With the launch of CashPro, Finloop is taking a bold step toward revolutionizing the landscape of liquidity management. This new solution promises not only to simplify the operational processes for financial institutions but also to provide them with the flexibility and efficiency essential for navigating the ever-evolving global marketplace. The partnership with BNY Investments is anticipated to yield significant benefits to clients, empowering them to optimize their liquidity management strategies effectively.

Stay tuned for further updates as Finloop continues to innovate and expand its offerings, solidifying its status as a frontrunner in the financial technology sector.