Business owner needs to earn interest on large cash balances while maintaining ability to wire same-day, but Schwab's money market funds (SWVXX/SNAXX) don't offer immediate liquidity.

Schwab's money market funds like SWVXX/SNAXX require T+1 settlement before funds can be wired, preventing same-day liquidity needed for business operations.

Severity

3Medium

Willingness to Pay

implied

Added

Apr 26, 2026

Implied Software Gaps

A cash management platform that provides same-day liquidity on money market investments, eliminating the T+1 settlement delay

App Concept

SameDay Yield

A business cash management account that combines high-yield money market returns with instant, same-day wire access. It integrates with Schwab and other brokerages to sweep idle balances into same-day liquidity funds, eliminating the T+1 delay while maximizing yield.

Key Features

Auto-sweep idle balances into same-day liquidity money market funds
Instant same-day wire transfers without settlement wait
Seamless integration with existing Schwab business accounts
Real-time yield optimization across multiple fund options

Target Users: Business owners and treasurers at S Corps or LLCs with large cash reserves who use Schwab and need immediate access to funds for wires.

Revenue Model: $49/mo per account plus 0.15% annual fee on swept balances

Existing Solutions Mentioned

Schwab SWVXX/SNAXX

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