CapBay Surpasses RM1 Billion in P2P Financing

CapBay Surpasses RM1 Billion in P2P Financing

by July 17, 2023

CapBay, a Malaysian multi-bank supply chain finance and peer-to-peer financing (P2P) platform, announced that it has disbursed over RM1 billion in P2P funding to more than 400 underserved SMEs in Malaysia.

The firm attributed its P2P’s success to its advanced technology and proprietary credit model, which leverages Artificial Intelligence (AI) to assess an SME’s repayment ability based on a comprehensive range of traditional and non-traditional data points. CapBay said that it has a default rate of less than 0.1%.

Moreover, CapBay’s has developed an Auto Invest feature that automatically diversifies investors’ portfolios, enhancing the safety of P2P investments and ensuring healthy returns.

CapBay was also one of the key P2P platforms that helped to drive the Malaysia Co-Investment Fund (MyCIF) programme, which has collectively co-invested over RM540 million, benefiting at least 3,500 MSMEs.

The government had allocated RM40 million to the MyCIF as part of Budget 2023, recognising the significance of alternative financing in the Malaysian economy.

CapBay Group, which includes its multi-bank SCF platform and Islamic factoring house, has provided a total of over RM2.5 billion in financing, helping over 1,600 businesses through its alternative financing solutions.

Ang Xin Xiang

Ang Xin Xiang

Ang Xing Xian, CapBay’s Co-founder and CEO said,

“Our remarkable growth in recent years has positioned CapBay P2P as a leader in the Malaysian P2P space.


Together with our talented team and unwavering investor support, we will continue pushing boundaries, unlocking new opportunities, and scaling greater heights.”

CapBay’s Chairman Dato’ Sri Mohd Mokhtar Mohd Shariff said,

YBhg Dato' Sri Mohd Mokhtar Bin Haji Mohd Shariff

Dato’ Sri Mohd Mokhtar Bin Haji Mohd Shariff

“Leveraging on our tech expertise, we have empowered businesses to overcome financing challenges and expand in a post-pandemic world.


Over 70% of our financing contributes to the achievement of the United Nation Sustainable Development Goals. We are not only driving positive change but also shaping a brighter future for all stakeholders involved.”