Malaysian fintech startup CapitalBay has raised RM 2 million (US$477,000) in funding in a seed round from KK Fund. It will use the newly-raised financing to accelerate product development, build up its team and ramp up customer acquisition for invoice and contract financing. Founded by three Malaysians Ang Xing Xian, Dion Tan and Edwin Tan, CapitalBay’s objective […]

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 […]

A Seafood story Hailing from a family which runs a seafood processing plant in Johor, Xing Xian observed a persistent issue within the supply chain between suppliers such as his family and their buyers (big supermarkets). This problem stems from how fishermen needed to be paid in cash terms and it has to be an [...]

By CapitalBay Wishing each and every one of you a splendid new year ahead! It’s been a meaningful 2018 for us, here’s a recap.  Exhibition booth at SCxSC Fintech Conference by Securities Commission (SC) Exhibition booth at Singapore Fintech Festival by Monetary Authority of Singapore (MAS) Xing Xian, our Founder, selected for the e-Founders Fellowship Program […]