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 […]

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 […]