The #1 Supply Chain Finance Company
CapitalBay is an award-winning Multi-Bank Supply Chain Finance and Peer-to-Peer (P2P) Financing platform. We facilitate inclusive business financing, using existing trade data and relationships.
Through our proprietary credit-decisioning model, businesses of all sizes can obtain short-term financing while banks and investors can participate in high-quality financing deals.
Our Businesses

We are regulated by Securities Commission Malaysia under Bay Supply Chain Technology Sdn Bhd and Bay Smart Capital Ventures Sdn Bhd

Platform Services

A complete Multi-Bank Supply Chain Finance and P2P Financing platform engineered for capital growth. We connect businesses to trade partners and multiple liquidity providers.

Financial Services

We help SMEs unlock cash flow through our short-term SCF financing products. At the same time, we help investors and funders manage newly unlocked investment opportunities.

Technology Solutions

Our supply chain technology solution gives lenders all the technology advantages without the capital outlay and maintenance costs. We help large lenders drive digital transformation internally.
Executive Team

Our success is a result of teamwork and building upon our technical expertise and creative style providing a full-service solution to our clients.

Ang Xing Xian

Co-Founder / Strategy & Tech

A disciplined risk-loving entrepreneur determined to improve the efficiency of our financial industry. Upon graduation on a scholarship, he found his passion for finance when he first started with Credit Suisse in London. He then went on to join MarketInvoice, the largest invoice trading platform in the UK and subsequently Creador, a leading private equity firm in Malaysia. Prior to CapitalBay, Xing Xian was a management consultant with Accenture, implementing strategies on technology and analytics for many major companies. Xing Xian graduated with an MSc in Computational Finance from Oxford University.

Edwin Tan

Co-Founder / Operations & Finance

A dedicated and meticulous perfectionist who is passionate about contributing to the development and growth of Malaysia. Upon graduation on a scholarship, Edwin served as a corporate finance advisor in Deloitte Touche Tohmatsu Sydney, where he advised clients on merger and acquisition deals, specialising in real assets and commodities. Edwin graduated with an MSc in Financial Economics from Oxford University.

Dion Tan

Co-Founder / Strategy

An ambitious entrepreneur looking to ride the next growth phase in Southeast Asia. Dion is the group managing director of a leading property corporation in Malaysia. Prior to that, he served as a strategy consultant with Accenture, developing and implementing strategies for property, media and other industries. Dion graduated with an MSc in Management with Information Systems and Innovation from the London School of Economics.

Darrel Ang

Co-Founder / Business Development

An investment banker turned entrepreneur with a diverse work experience in the financial sector and a passion to advance the FinTech space in Southeast Asia. Prior to his IB role in Credit Suisse Singapore, Darrel did regulatory work in Bank Negara Malaysia and financial services consulting at Oliver Wyman London. He executed several large IPOs and placements in Southeast Asia during his time at Credit Suisse, one of the top investment banks in the region. Darrel graduated with an MEng in Engineering, Economics, and Management from Oxford University.

The Story of CapitalBay

Capital + Bay = CapitalBay

Our financing products are tied to trade-related business activities, making it a new and safe asset class. The name is associated with a sea of capital and represents a safe harbor for investors to do impact investing and businesses to get impactful financing.

2016 Q2

A Brief History
Launched with strong support from the Central Bank of Malaysia, through multiple workshops involving the entire local banking industry

2016 Q4

Something Big
Approved as the first and only licensed Multi-Bank Supply Chain Finance platform in Malaysia by Securities Commission Malaysia

2017 Q4

The Beginning
Launched first live SCF transaction

2018 Q2

An Award-Winning Creation
Awarded the Best FinTech Platform for Supply Chain Finance by The Asian Banker. Selected as Finalist at Global FinTech Hackcelerator and featured at Singapore Fintech Festival

2019 Q1

Expanding Mission and Awards
Funded over 1,200 transactions worth over USD 15 million in total. Won the Best Fintech for Plug & Play and Betapitch KL

2019 Q2

Something Bigger
Approved as a regulated Peer-to-Peer Financing platform in Malaysia by Securities Commission Malaysia.
Awards & Achievements

Our technology has received industry awards, strong traction and significant investment. We have been awarded “Best Fintech Platform in Asia Pacific” and the “Best Financial Supply Chain Management in Malaysia” by The Asian Banker, featured in regional fintech conferences and was listed as the Hottest Fintech Startup in Malaysia by Fintech Singapore.