Chocolate Finance to continue 3-6 day withdrawal time frame

It has not disclosed when it plans to return the instant liquidity feature.

Chocolate Finance says it will continue to process withdrawal requests within a 3-6 day time frame.

The Singapore fund manager— founded by Walter de Oude, the founder of insurance company Singlife— is facing what it called “a period of unusually high withdrawal requests” as per a 21 March 2025 statement on its website.

It suspended its instant liquidity feature on 10 March citing “higher-than-usual” transaction activity.

Requests it received between March 10-18 have 100% been redeemed, Chocolate Finance said.

“All customers who have received their withdrawals, have received 100% of their capital invested together with all their earned returns,” it said.

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