CapBay: Birthing A Unicorn

Ang Xing Xian, CEO and Co-Founder, CapBay

26-Jul-21 08:00

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Since its birth in 2017 and operationalizing its peer-to-peer platform in 2020, CapBay has lent out more than RM1.2 billion to underserved small and medium-sized businesses. Founded by former investment bankers and management consultants, how is CapBay taking market share from traditional banks, how regulatory changes would remove limits to its growth, and how it will grow market share as more non-traditional players enter the financing space? Ang Xing Xian, the CEO and co-founder of CapBay discusses if it could be a unicorn in the making.

Image credit: CapBay

Produced by: Roshan Kanesan

Presented by: Noelle Lim

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Categories: Business Analysis, Trends and Forecasts, Markets, Personal Finance, Investments, Financial Literacy, Young Finance, Technology, Tech, Politics, law & legal matters, Medical Innovation and Technology, Social Issues

Tags: SME, bank, investment, supply chain, financing, solution, fintech, startup, CapBay,

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