Tag "Kenanga Capital Islamic"

CapBay Snaps Up 49% Stake in Kenanga Capital Islamic to Set Up Islamic Fintech Joint Venture

CapBay, a Malaysian P2P supply chain financing platform, has acquired a 49% stake in Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank Berhad, forming a joint venture with the latter to create an Islamic Supply Chain Finance fintech firm.

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Kenanga Capital Islamic Partners CapBay To Digitise Factoring Solution

Kenanga Investment Bank Berhad’s (“KIBB”) subsidiary, Kenanga Capital Islamic Sdn Bhd (KCI) has partnered with digital supply chain financing company, Bay Group Holdings Sdn Bhd (CapBay), in a bid to digitise the traditional factoring market in Malaysia. Registered and regulated

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