Ang Xing Xian
Endeavor selects Malaysian fintech CapBay as part of its global high-impact entrepreneurial network
CapBay uses a proprietary credit-scoring algorithm to connect investors, banks, SMEs
Receive strategic services, mentorship, networking opportunities with potential investors
Asia Pacific University's Parmjit Singh named EY Entrepreneur Of The Year 2021 Malaysia
2nd win in a row for a Digerati50, following Kamarul Muhamed in 2020
Programme celebrates 20th anniversary in M’sia via virtual ceremony
Kenanga allocates US$7.1 mil for SMEs looking to raise Islamic Financing on CapBay’s P2P platform
Not equity investment into CapBay but provide funds for Shariah-compliant financing
Kenanga believes digital platform enables a faster, more convenient process for SMEs
CapBay secures US$20 million Series A with returning backer KK Fund
Aims to strengthen both funding and technological capabilities
Several Malaysian angel investors participate in current round
CapitalBay receives SC approval to operate P2P financing platform
Will provide short-term supply chain financing to businesses.
CapitalBay secures US$477K seed round led by KK Fund
Aims to use funds to transform Malaysia’s supply chain finance ecosystem.
