In a supply chain, Buyers and Suppliers have the same, but opposing needs when it comes to cash flow. They both want cash: Buyers want to hold cash as long as possible while Suppliers want to collect cash as quickly as possible.   This tension between the competing objectives often slows down the chain, impacting […]

Invoice factoring is commonly referred as accounts receivable factoring, accounts receivable financing or debtor finance. Invoice Factoring occurs when a business sells its accounts receivable (invoices) to a third party (eg. factoring companies) at a discount. Factoring companies provide cash advance to businesses against assignment of the account receivables. The factoring company then takes over [...]

Small business owners are counting on getting that SME loans, but financial institutions say no. In fact, more than 80% of small business owners’ application for loans gets rejected. What should they do next? The answer is to find out the reason for the denial. Some financial institutions will notify you of the reason(s) why [...]

My internship experience at CapitalBay taught me more than I initially expected. Coming into a fairly new company with not much information as to what a fintech company is probably played a large factor. The beginning I entered CapitalBay as a legal intern but I learned much more than that. The team is a close-knit […]

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 […]

CapitalBay is a multi-bank supply chain finance startup. They are here to help your business unlock cash flow. If you run a business, you probably hate having to wait for 30 to 90 days just to collect your invoice payments after delivery. You want to get cash, now. On the other hand, you also hope […]

A Seafood story Hailing from a family which runs a seafood processing plant in Johor, Xing Xian observed a persistent issue within the supply chain between suppliers such as his family and their buyers (big supermarkets). This problem stems from how fishermen needed to be paid in cash terms and it has to be an [...]

By CapitalBay Wishing each and every one of you a splendid new year ahead! It’s been a meaningful 2018 for us, here’s a recap.  Exhibition booth at SCxSC Fintech Conference by Securities Commission (SC) Exhibition booth at Singapore Fintech Festival by Monetary Authority of Singapore (MAS) Xing Xian, our Founder, selected for the e-Founders Fellowship Program […]

By Malaymail KUALA LUMPUR, Nov 30 — Two Malaysian entrepreneurs have completed the fourth edition of the eFounders Fellowship at the United Nations Conference on Trade and Development (UNCTAD) and Alibaba Business School. Alibaba said that 37 Asian entrepreneurs were chosen for the fellowship that aimed to bridge the digital divide and equip young entrepreneurs […]

In recent years, financial technology (fintech) has dominated the conversation in the financial services industry, with many banks and various institutions trying to adapt to the fast-changing scenario. For businesses, this has heralded an increased ease in undertaking financial matters, especially when it comes to access to financing, which has traditionally been a recurring issue. […]