Singapore cash management platform Chocolate Finance has launched Chocolate Business, a business-focused account aimed at companies that want to earn returns on surplus operating cash without committing it to a fixed term.

The product, which the company introduced during The Business Show Asia 2026 in Singapore, expands Chocolate Finance beyond its consumer offering. It is structured as a cash-managed account rather than a corporate bank account or fixed deposit, according to the company.

Business cash without a fixed tenure

Chocolate Finance said businesses can add money through FAST transfers or PayNow and request withdrawals without lock-in periods, withdrawal charges or penalties. It said withdrawals generally take one to two business days, depending on the amount.

The company is currently offering returns of up to 1.5 percent a year on business balances, including 1.5 percent on the first S$300,000 through its Chocolate Top-Up Programme during a qualifying period. The rate, the qualifying-period support and the underlying terms are subject to change, and the company says investments carry risk.

Business owners can view balances and returns through a dedicated Chocolate Business app, the company said. Chocolate Finance also said it takes fees only after meeting a target return, although the exact fee arrangement and target-return methodology are set out in its customer terms rather than in the announcement.

The company has positioned the account for cash that businesses do not need at once, rather than as a substitute for everyday transactional banking. That distinction is likely to matter most to companies that need predictable access to payroll, supplier and tax funds while deciding how much may be set aside for a short period.

Moving beyond the consumer product

Founded as a consumer-focused cash management platform, Chocolate Finance said it now has about S$1.6 billion in assets under management and more than 150,000 customers. The business account is intended for cash that companies do not need immediately for payroll, suppliers and other near-term operating requirements.

Walter de Oude, founder and chief executive of Chocolate Finance, said the launch responds to businesses seeking a way to keep funds accessible while earning a return on idle cash. The company said the product is not a corporate bank account, which is an important distinction for prospective users assessing protections, liquidity and counterparty risk.

Chocolate Finance is a brand of Chocfin Pte. Ltd., which the company says is regulated by the Monetary Authority of Singapore under a Capital Markets Services licence. MAS supervision does not mean it has reviewed or endorsed a particular product, and Chocolate Finance’s own disclosure says returns can change with market conditions and that investors may lose some or all of their invested capital.

A competitive market for operating cash

The launch enters a crowded market that includes bank deposits, money-market funds and treasury-management products. For smaller businesses, the trade-off often comes down to yield, withdrawal timing, account protections and how reliably funds can be accessed when cash flow changes.

Chocolate Finance said the app provides daily visibility into balance and return figures, while funds may be added through commonly used Singapore payment rails. It did not give a breakdown of the assets underlying the cash-managed account in the release, so readers considering the product will need to examine the investment mandate, fee arrangement and current customer terms.

Chocolate Finance said it will make its account available through mobile app stores and will continue to promote it following its launch at the Sands Expo and Convention Centre. The company did not disclose the number of business customers it expects to sign up or the amount of business cash it aims to manage.

TNGlobal reported in 2025 that Chocolate Finance had raised a S$15 million Series A+ round and obtained regulatory approval to operate in Hong Kong. The new business product is its first announced move into corporate cash management in Singapore.

Singapore’s Chocolate Finance secures $15M Series A+ funding to propel regional growth