Supply chain finance fintech company, CapitalBay, has announced a major strategic collaboration with Privasia’s e-procurement platform, ProcureHere, marking a significant milestone in SME financing. Through this collaboration, registered suppliers on ProcureHere will gain access to digital financing for transactions made via the platform. This means that suppliers can receive earlier payments for their invoices, while […]

My time at CapitalBay has been both challenging and rewarding, and not in ways you might think. Fintech is niche, especially in a developing economy like Malaysia, so there’s very little you know when you first walk through the doors. The first few days and weeks are slow – the learning curve is steep, especially […]

By Fintech Malaysia CapitalBay, a FinTech company, offering solutions for Supply Chain Finance in Malaysia has announced that it has received two separate awards from the  Asian Bankers Awards in Beijing, alongside top international transaction banks such as Bank of America, Deutsche Bank, and Mizuho Bank. Also present at the awards, was Tan Sri Zeti […]

Kuala Lumpur, MY — 25 MAY 2018 – CapitalBay, a FinTech company, leading the way for Supply Chain Finance in Malaysia has announced that it has received two separate awards from the prestigious Asian Bankers Awards in Beijing, alongside top international transaction banks such as Bank of America, Deutsche Bank, and Mizuho Bank. Also present […]

Long payment terms have become a growing burden for small and medium enterprises (SMEs). As big companies tend to stretch their payment terms towards 30, 60, 90 and even 120 days, SMEs struggle to make ends meet. Their cash are tied up in their supply chain, causing them to have a hard time. In a [...]

(HLB) has selected five promising Malaysian start-ups for its inaugural HLB LaunchPad mentorship programme. The programme specifically focuses on three areas to transform the way we bank tomorrow: Simplifying Banking Today, Digitising Customer Journeys & Experience; and Re-Imagining Banking For Tomorrow.  HLB LaunchPad is Malaysia’s first public-private partnership between Hong Leong Bank, Cradle and Malaysian Business […]

By Digital News Asia NEARLY two years ago, three Malaysians Ang Xing Xian, Dion Tan and Edwin Tan co-founded CapitalBay, a multi-bank supply chain finance platform which helps large corporations and SMEs optimise their working capital using technology. The company recently announced the completion of its RM2 million (US$476,823) seed funding round led by KK […]