GXS Bank expands its retail banking services with the launch of GXS Invest

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GXS Invest will offer the Fullerton SGD Cash Fund as a start; other funds to follow

SINGAPORE, July 15, 2025 /PRNewswire/ -- GXS Bank announced today that it has launched GXS Invest, its digital investment solutions suite for consumers.

GXS Invest completes the digital bank's comprehensive suite of wealth solutions to help individuals grow their savings faster through simple and flexible financial products. In addition to building their savings through the Bank's deposits features - Saving Pockets and Boost Pockets, GXS Bank customers can now pursue potentially higher returns through GXS Invest.

At launch, GXS Invest will offer the Fullerton SGD Cash Fund (Class G), a money market fund. GXS Bank chose to launch with a money market fund for its simplicity, which would make it easy for both new and experienced investors to understand. As a low-risk investment product, a money market fund also addresses the needs of the three in five GXS Bank customers who say they are seeking a more conservative risk approach to investing.

GXS Bank chose the Fullerton SGD Cash Fund as it is an established money market fund with more than 15 years of stable returns. The fund is also managed by Fullerton Fund Management, an award-winning fund house and part of an independent asset management group that is owned by Temasek Holdings.

Ms Jenn Ong, Group Head of Retail at GXS Bank said, "Our wealth product roadmap started with the GXS Savings Account. With its Saving Pockets and Boost Pockets features, the GXS Savings Account continues to be our most popular product. As our customers grow their savings, GXS Invest is the continuation of their wealth journey.

In speaking to our customers, we know that they are looking for higher returns on their spare cash. At the same time and in light of the ongoing volatile market conditions, they also appreciate the flexibility to withdraw their money when needed. These considerations are fully addressed through the way we designed the GXS Invest journey. Whether you are a new investor or a seasoned investor looking for a simple, low-risk investment vehicle as part of your overall financial portfolio, GXS Invest is designed for you.

We started with a money market fund as it is generally considered a safe haven across market cycles. Over the next 12 months, we will continue to add to the suite of funds in GXS Invest to address our customers' different investment needs."

Investing simply, with peace of mind

GXS Invest is available to all GXS Savings Account-holders, who can start investing in the Fullerton SGD Cash Fund (Class G) from as low as S$1. They can buy or sell their assets at any time via the GXS Bank App. There are no transaction fees for any investment assets bought or sold through GXS Invest. The Fund's annual management fees still apply.

There is also no lock-in period. Upon redemption, they would receive their monies in their GXS Savings Account within one to two working days.

A unique feature of the Fullerton SGD Cash Fund (Class G) is the inclusion of a complimentary group personal accident insurance coverage. This is exclusive to eligible GXS Bank customers who invest in the fund through GXS Invest. With protection being a key part of any personal financial portfolio to hedge against unexpected circumstances, GXS Bank and Fullerton Fund Management have worked with Singlife to give GXS Bank customers additional peace of mind as they invest.

Eligible GXS Bank customers who invest in the Fullerton SGD Cash Fund (Class G) through GXS Invest will be automatically covered under a group personal accident insurance plan underwritten by Singlife. Eligible customers will be covered up to three times their investment amount in the Fullerton SGD Cash Fund (Class G) and capped at S$100,000.

Mr Mark Yuen, Chief Business Development Officer, Fullerton Fund Management said, "It's a privilege to be the inaugural investment offering on GXS Invest - an innovative digital platform that's reshaping how individuals access institutional-grade investment solutions. The Fullerton SGD Cash Fund, an award-winning fund designed to deliver both liquidity and attractive returns, aligns seamlessly with GXS's mission to empower everyday investors.

Beyond yield enhancement, this exclusive share class includes personal accident coverage, offering an added layer of protection that's rarely found in cash management products. It's a simple yet powerful way to help investors put their idle cash to work - without compromising on flexibility or peace of mind.

We're excited to collaborate with GXS Bank to make wealth-building more inclusive, accessible, and relevant to the needs of today's digital-first generation."

More information on GXS Invest can be found at www.gxs.com.sg/invest.

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About GXS Bank

GXS Bank is a digital bank focused on making banking better for the everyday consumer and businesses.

The Bank aims to improve financial inclusion and to drive financial revolution for its customers through the secure and ethical use of technology and data.

GXS Bank holds a banking licence issued by the Monetary Authority of Singapore. It is owned by a consortium consisting of Grab Holdings Inc. - Southeast Asia's leading super app, and Singtel - Asia's leading communications technology group.

As part of a regional network of digital banks, GXS Bank also works closely with GXBank, its digital bank subsidiary in Malaysia and Superbank, a digital bank in Indonesia.