Our Story

In 2016, we got together and realised that SMEs were facing the biggest difficulty over the past 3 years. Large corporations extend payment terms to preserve cash flow but Suppliers face difficulties in raising more cash to finance the payment term extension.


After months of discussion with banks and regulators, CapitalBay was founded to solve the issue using a Multi-Bank Supply Chain Finance platform. We believe in a transparent and efficient financing environment that minimises risk and optimises working capital for the entire value chain in every industry

We are building the

financing infrastructure of tomorrow

to provide







to businesses across South East Asia,


through relentless focus on

technology and innovation


Our Businesses

We Connect


A complete multi-bank supply chain finance platform engineered for your business growth. CapitalBay connects businesses to trade partners and multiple institutional funders. Get access to working capital from not just one, but many banks who have already signed up on our platform.


Our multi-bank platform is operated by Bay Supply Chain Technology Sdn Bhd and is regulated by Securities Commission Malaysia.

We Finance


CapitalBay helps SMEs unlock cash flow through our short-term financing products (eg. invoice financing, factoring).


Our financial services are operated under Bay Commercial Services Sdn Bhd.

We Transform


CapitalBay’s 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, just plug and play.


This is operated under Bay Group Holdings Sdn Bhd and its affiliates.

Awards and 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.

Our Supporters

Featured In

Our Leadership

Ang Xing Xian

Strategy and 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

Operations and 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


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

Business Development

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

C-05-01, 5th Floor, Block C, Wisma TT, No. 1, Jalan PJS 8/15, Dataran Mentari 46150 PJ, Selangor, Malaysia

Bay Group Holdings Sdn Bhd (1189545-D)

+6018 7777 000 (Investors)

+603 5623 8921 (Business)

[email protected]