BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  CapBay’s Journey From Financing RM6,000 to RM2.5 Billion

CapBay’s Journey From Financing RM6,000 to RM2.5 Billion

Ang Xing Xian, Co-Founder, CapBay | Darrel Ang, Co-Founder, CapBay

06-Oct-23 10:00

CapBay’s Journey From Financing RM6,000 to RM2.5 Billion

Financing makes the business world go round, but unfortunately access to financing has been as wide as we might like for a variety of reasons, including the ways banks use data to assess the risks associated with a borrower . In response to this, a variety of fintech firms have come about to address this, and one of them is Malaysian home grown supply chain finance and peer-to-peer financing (P2P) platform CapBay.

CapBay has been making headlines this year. Earlier this year, they surpassed the milestone of disbursing over RM1 billion to more than 400 underserved SMEs in Malaysia and were also named among the world’s top 200 fintech businesses by CNBC and research firm Statista. Other than that, the founders were also chosen by global entrepreneur network Endeavor in its latest selection round, highlighting the potential of these Malaysian entrepreneurs and their venture.

We speak to CapBay co-founders Ang Xing Xian and Darrel Ang about the early days of building this P2P financing platform, what started them down this path, and the vision ahead for this Malaysian startup.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketstechnologyentrepreneurs

Tags:  ofbbb2023supply chain financingp2p financingfinancingbusiness financingfintechtech startup





Play / Pause

Listen now : Open For Business : Ethan Wong and Esther Erin, Co-Founders of Dododots,...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Patrick Wong of Bloomberg Intelligence discusses what’s shaping Hong Kong’s property sector and provides an outlook.

7:45 AM

Morning Brief

Jerald Joseph, Director of Pusat Komas and former Suhakam commissioner, talks about the delay in appointing new members to the commission.

8:00 AM

The Breakfast Grille

Espen Kristensen, Managing Director Asia Pacific, Ria Money Transfer discusses the challenges of staying competitive in a fast-changing remittance market.

8:30 AM

Morning Brief

Julia Lau, Senior Fellow and Coordinator of the Indonesia Studies Programme at ISEAS – Yusof Ishak Institute, discusses potential outcomes from the 13th Annual Consultation between Malaysia and Indonesia.

8:45 AM

Morning Brief

Prof James Chin of the University of Tasmania discusses how a coal licence controversy may impact the GRS-Pakatan alliance ahead of Sabah’s state election.

9:00 AM

Opening Bell

(REPEAT)Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

People, Planet, Profit

Dr. Renard Siew, Climate Change & Sustainability Expert breaks down Sabah’s new climate law and what it means for carbon markets and local communities.

10:05 AM

Open For Business

Ethan Wong and Esther Erin, Co-Founders of Dododots, on turning personal skincare struggles into a fast-growing, 9-figure business.

11:00 AM

Marketing Mojo

Andrew Tan, Executive Creative Director & Joyce Gan, Group Client Services Director of Fishermen Integrated, on turning taboos and dry topics into standout campaigns.

12:00 PM

Enterprise Explores

Warren Leow, CEO, Pixlr Group

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

3:05 PM

Beyond the Ballot Box

4:05 PM

Health & Living

Is snoring really that bad a problem? How is it a barometer of bad health? Tune in to ask the experts your questions.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

8:00 PM

BBC World Service

This episode of The Food Chain explores the foods of the Dalit community and the politics surrounding them.