
CapitalBay – Conversation with Co-founder Xing Xian
CapitalBay is a multi-bank supply chain finance startup designed to help your business unlock cash flow. If you’re running a business, you likely dread waiting 30 to 90 days to collect invoice payments after delivering your goods. You want cash now. At the same time, you wish your suppliers would give you more time to pay rather than asking for immediate cash.
CapitalBay is here to bridge that gap. If you’re a supplier, they pay you cash upfront, eliminating the wait for customer payments. On the other hand, if you’re a customer, they will settle your suppliers’ invoices first, giving you the flexibility to pay later. This innovative approach extends your cash flow, empowering your business to grow without the constraints of insufficient working capital.
In this episode of eFM Startup Talk, Ang Xing Xian, CEO and Co-founder of CapitalBay, along with Zackrey Zainol, Marketing Manager, share insights into achieving successful cash flow management for businesses. They discuss the challenges faced as a fintech startup navigating Malaysia’s regulatory landscape, yet Xing Xian remains determined to drive significant change in business financing in Malaysia.
Listen to eFM startup talk here.
By CapitalBay