When was CapBay founded?

CapBay was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is CapBay located?

CapBay is headquartered in Petaling Jaya, Malaysia.

Which legal entities is CapBay associated with?

CapBay is associated with BAY GROUP HOLDINGS SDN. BHD and 1 other.

How many employees does CapBay have?

As of Sep 30, 2026, the latest employee count at CapBay is 158.

Is CapBay a funded company?

CapBay is a funded company, having raised a total of $27.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 2017.

When was the latest funding round of CapBay?

CapBay's latest funding was a $***** Series A round on Dec 20, 2021, with participation from 1 investor.

What is the annual revenue of CapBay?

Annual revenue of CapBay is between $10M and $50M as on Dec 31, 2024

Where does CapBay rank among its competitors?

CapBay ranks 2nd amongst 12 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Modalku, which secured an undisclosed amount in Sep, 2024.

Who are the top competitors of CapBay?

CapBay's top competitors include Modalku, Shengye Capital and Commerze Capital. Among them, Modalku secured the most recent funding round in September, 2024.

CapBay - 2026 Company Profile, Team, Funding, Competitors & Financials

CapBay is a series A company based in Petaling Jaya (Malaysia), founded in 2016 by Dion Tan, Darrel Ang, Xing Xian Ang and Edwin Tan. It operates as a Provider of AI-based P2P marketplace for supply chain financing solutions. CapBay has raised $27.5M in funding from Kenanga and KK Fund. The company has 12 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Modalku, Shengye Capital and Commerze Capital.

Company Details

Provider of AI-based P2P marketplace for supply chain financing solutions. It provides users with a platform connecting individual investors, businesses, and institutional investors for invoice financing. Users can obtain customized financing options by providing unpaid invoices as collateral. It uses artificial intelligence technology for matching borrowers with lenders.

Website: capbay.com
Social
Email ID: *****@capbay.com
Phone Number: +60 **********

Key Metrics

Founded Year

2016

Location

Petaling Jaya, Malaysia

Stage

Series A

Total Funding

$27.5M in 3 rounds

Latest Funding Round

Series A, Dec 20, 2021, $*****

Investors

Kenanga & 2 more

Ranked

2^nd among 12 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2024

Employee Count

158 as on Sep 30, 2026

Investment & Acquisitions

Kenanga

Similar Companies

Lendo & 41 more

View CapBay's full profile

CapBay is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BAY GROUP HOLDINGS SDN. BHD CIN: 201601018609 , Malaysia, Active	Jan 01, 2016	$10M - $50M (As on Dec 31, 2024)	-	-
Bay Supply Chain Technology Sdn Bhd CIN: 201701028340 , Malaysia, Active	Aug 10, 2017	$0 - $1M (As on Dec 31, 2025)	-	-

CapBay has raised a total funding of $27.5M over 3 rounds. Its first funding round was on Sep 2017. Its latest funding round was a Series A round on Dec 20, 2021 for $*****. 1 investor participated in its latest round. CapBay has 3 institutional investors.

Here is the list of recent funding rounds of CapBay:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2021	6124836	Series A	3481368	6958093	1732896	8849389
Jan 25, 2021	8795382	Series A	4921824	6603397	8504912	6698968
Sep 2017	9608295	Seed	1184096	8111176	6914274	4357452

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View details of CapBay's funding rounds and investors

The founders of CapBay are Dion Tan, Darrel Ang, Xing Xian Ang and Edwin Tan.

Here are the details of CapBay's key team members:

Dion Tan: Co-Founder of CapBay.
Darrel Ang: Co-Founder & BDO of CapBay and founder of 1 other company.
Contact Info: 2 email addresses and 1 phone number
Xing Xian Ang: Co-Founder of CapBay and founder of 1 other company.
Contact Info: 1 phone number
Edwin Tan: Co-Founder of CapBay and founder of 1 other company.
Contact Info: 2 email addresses and 2 phone numbers

View details of CapBay's Founder profiles and Board Members

CapBay's employee count trend

CapBay has 158 employees as of Sep 26. Here is CapBay's employee count trend over the years:

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Top competitors of CapBay include Modalku, Shengye Capital and Commerze Capital. Here is the list of Top 10 competitors of CapBay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Modalku 2016, Jakarta (Indonesia), Series C	P2P marketplace for business loans	$66.2M	Golden Gate Ventures, Alpha JWC Ventures ... & 10 others	70/100
2nd	CapBay 2016, Petaling Jaya (Malaysia), Series A	Provider of AI-based P2P marketplace for supply chain financing solutions	$27.5M	Plug and Play APAC, Kenanga & 1 others	67/100
3rd	Shengye Capital 2013, Shenzhen (China), Late Stage	Online marketplace for supply chain financing	-	Pavilion Capital Partners, China Taiping Insurance Group ... & 1 others	44/100
4th	Commerze Capital 2007, Kuala Lumpur (Malaysia), Unfunded	Online marketplace for invoice financing	-	-	41/100
5th	Microleap 2018, Petaling Jaya (Malaysia), Series A	P2P platform for business loans	$3.76M	MTDC, MAA Group Berhad & 1 others	38/100
6th	Fundaztic 2016, Petaling Jaya (Malaysia), Series A	Developer of a P2B lending platform for SMEs	$4.42M	-	36/100
7th	crossinx 2007, Frankfurt Am Main (Germany), Acquired	E-invoicing & supply chain financing solutions	-	Nova Founders Capital, Komm Investment & 18 others	31/100
8th	B2B Finpal 2016, Kuala Lumpur (Malaysia), Unfunded	P2B invoice financing platform	-	-	28/100
9th	Quickash 2016, Subang Jaya (Malaysia), Unfunded	P2P platform for business financing	-	-	26/100
10th	Nota Registrada 2016, Sao Paulo (Brazil), Funding Raised	Online lending platform for trade financing	-	BMG UpTech	23/100