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 Jun 30, 2026, the latest employee count at CapBay is 155.

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 less than $1M as on Dec 31, 2025

Where does CapBay rank among its competitors?

CapBay ranks 4th amongst 13 active competitors, of which 5 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Funding Societies, which secured an undisclosed amount in Mar, 2025.

Who are the top competitors of CapBay?

CapBay's top competitors include Funding Societies, Modalku and Microleap. Among them, Funding Societies secured the most recent funding round in March, 2025.

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

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

4^th among 13 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2025

Employee Count

155 as on Jun 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	-	-	-
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	6866759	Series A	5784945	4524926	2875130	5225773
Jan 25, 2021	3734932	Series A	5261015	9294508	3138376	8525827
Sep 2017	1973536	Seed	9432105	9189950	3208125	2573567

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View details of CapBay's funding rounds and investors

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

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

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

View details of CapBay's Founder profiles and Board Members

CapBay's employee count trend

CapBay has 155 employees as of Jun 26. Here is CapBay's employee count trend over the years:

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Top competitors of CapBay include Funding Societies, Modalku and Microleap. 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	Funding Societies 2015, Singapore (Singapore), Series D	Digital platform providing financing solutions for small businesses	$242M	Khazanah Nasional Berhad, SBVA & 53 others	82/100
2nd	Modalku 2016, Jakarta (Indonesia), Series C	P2P marketplace for business loans	$66.2M	Sequoia Capital, Alpha JWC Ventures & 10 others	70/100
3rd	Microleap 2018, Petaling Jaya (Malaysia), Series A	P2P platform for business loans	$3.76M	MTDC, MAA Group Berhad & 1 others	52/100
4th	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	58/100
5th	Shengye Capital 2013, Shenzhen (China), Late Stage	Online marketplace for supply chain financing	-	Pavilion Capital Partners, China Taiping Insurance Group ... & 1 others	44/100
6th	Fundaztic 2016, Petaling Jaya (Malaysia), Series A	Developer of a P2B lending platform for SMEs	$4.42M	-	33/100
7th	crossinx 2007, Frankfurt Am Main (Germany), Acquired	E-invoicing & supply chain financing solutions	-	Nova Founders Capital, Komm Investment & 18 others	31/100
8th	Commerze Capital 2007, Kuala Lumpur (Malaysia), Unfunded	Online marketplace for invoice financing	-	-	29/100
9th	B2B Finpal 2016, Kuala Lumpur (Malaysia), Unfunded	P2B invoice financing platform	-	-	28/100
10th	Quickash 2016, Subang Jaya (Malaysia), Unfunded	P2P platform for business financing	-	-	26/100