Chocolate Business is a Cash Managed Account, rather than a corporate bank account or fixed deposit. Most corporate bank accounts offer low interest. Chocolate Business aims to help businesses earn better returns on their cash while keeping it easily accessible when needed.

Walter de Oude, Founder and CEO of Chocolate Finance, said: "Businesses often earn very little on the cash sitting in their bank accounts, and frankly, the returns can be rubbish. We think we can do better. Businesses need their cash available for payroll, suppliers and whatever comes next, but there's no reason it should sit around earning next to nothing in the meantime. Chocolate Business lets that cash work harder while staying accessible. Business owners have been asking us for this, and to us, it just makes sense."

The launch comes as Singapore businesses face continued pressure to manage costs and use their available capital more efficiently. A recent industry survey estimated that SMEs lose S$800 million in potential interest each year by leaving idle cash in low-yield accounts, while 45% identified liquidity as a priority.

Chocolate Business gives businesses an alternative way to manage the cash that they do not immediately need for daily operations, without committing it to a fixed tenure. The launch also marks Chocolate Finance's expansion beyond its original consumer offering. Since launching two years ago, the company has grown to approximately S$1.6 billion in assets under management and more than 150,000 customers.

Key features of Chocolate Business include:

• Returns on business cash: Businesses can currently enjoy 1.5% p.a. on their first S$300,000, supported by the Chocolate Top-Up Programme during the qualifying period, and up to 1.5% p.a. on amounts above that.

• No lock-ins: Businesses can request withdrawals at any time, with no fixed tenure, withdrawal charges or penalties.

• Daily visibility: Business owners can track their account balance and returns each day through the dedicated Chocolate Business app.

• No Fees: Chocolate Finance makes money only after it has met its target return.

Businesses can add funds to their accounts via FAST transfers or PayNow. There is no minimum or maximum deposit requirement, while withdrawals typically take between one and two business days, depending on the amount.

Chocolate Finance will be showcasing its suite of solutions at booth 220 during The Business Show Asia on 26 and 27 August 2026 at Sands Expo and Convention Centre. New business account sign-ups at the show can enjoy a special welcome reward.

The Chocolate Business app is available now to download via the Apple App Store and Google Play Store.