Finance Investments News

Finloop Launches FinCycle Backed by BNY Investments’ Liquidity Platform

Finloop Launches FinCycle Backed by BNY Investments' Liquidity Platform

Finloop Finance Technology Holding Limited, along with its subsidiaries (“Finloop”), an AI-driven global one-stop Web5 (Web2+Web3) wealth technology platform incubated by Fosun Wealth Holdings under Fosun, announced the launch of “FinCycle,” a pioneering instant liquidity management solution for both retail and institutional clients in Hong Kong. This innovative solution taps into the liquidity platform[1] of BNY Investments, part of BNY, a global financial services company.

Finloop’s existing T+0 money market fund solution has facilitated transactions amounting to hundreds of billions of U.S. dollars, underscoring its reliability and operational efficiency. Building on this foundation, the enhanced “FinCycle” solution, powered by BNY Investments’ liquidity platform, challenges the traditional T+1 processing restrictions and further streamlines fund processing by enabling same-day interest accrual for subscriptions and supporting hourly redemption.

Through BNY Investments’ liquidity platform, Finloop can access a comprehensive liquidity network, including cash movements and transfer, as well as advanced data and analytics to augment its liquidity management solutions for retail and institutional clients. “FinCycle” is expected to help clients optimize cash management through data, which significantly enhances capital flexibility and liquidity efficiency.

“We are thrilled to collaborate with BNY Investments, a cherished alliance capable of offering this unique solution, to provide our clients unparalleled access to liquidity solutions,” said Cheng Kang, Chairman of Finloop. “BNY Investments’ liquidity platform has been pivotal in transforming ‘FinCycle‘ into a game changing solution for our clients. Finloop ‘FinCycle‘ currently services USD holdings and will expand to other currencies, including EUR, GBP, HKD, CNH, and JPY, in the near future.”

“We are excited to power the launch of ‘FinCycle‘ with BNY Investments’ liquidity platform,” said Doni Shamsuddin, Head of Asia Pacific, BNY Investments. “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.”

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