CJMY
CapBay, Malaysia’s leading fintech in supply chain and P2P financing, has forged strategic partnerships with Farmasi Al Arif, HealthMetrics, HorecaBid, and Nephrocare, signing Memorandums of Understanding (MoUs) at SEACare 2025, held at MITEC.
These collaborations, witnessed by Antah Healthcare Group’s CEO Y.M. Tunku Dato’ Mohamed Alauddin Tunku Naquiyuddin, aim to enhance digital financing for healthcare SMEs.
CapBay also unveiled CrediBill, a B2B Buy Now Pay Later solution, easing cash flow for suppliers and buyers.
By addressing long payment cycles and digitalisation gaps, CapBay empowers Malaysia’s healthcare sector, fostering innovation and growth.
CapBay: Strategic healthcare partnerships
CapBay’s MoUs, signed on the sidelines of SEACare 2025, mark a pivotal step for healthcare SMEs.
Ang Xing Xian, CapBay’s Co-founder and CEO, outlined the vision.
“We aim to make digital financing accessible to all healthcare SMEs,” he said.
“These partnerships create an agile, well-funded ecosystem ready for digital transformation.”
CrediBill offers instant supplier payouts and flexible buyer terms, streamlining procurement.
The MoUs enable knowledge exchange, co-branded initiatives, and pilot programmes to drive finance-enabled innovation.
Muhammad Farahi ‘Arif bin Tajul Ariffin, Farmasi Al Arif’s Managing Director, praised the collaboration.
“CapBay’s solutions will streamline our procurement, enhancing service delivery,” he said, adding that the partnership supports pharmaceutical demands efficiently.
“CapBay’s financing enhances our benefits management, creating value for clients,” said David Lee Jia Ee, HealthMetrics’ Country Manager.
Cindy Chong, HorecaBid’s CEO, highlighted operational benefits.
“CapBay’s flexible financing empowers suppliers and optimizes buyer cash flow,” she said.
The partnership boosts healthcare and hospitality sectors.
“CapBay’s financing enhances our agility, improving care through efficiency,” said Dato’ Suib bin Ahmad, Nephrocare’s CEO.
CapBay’s broader impact on Malaysia
CapBay targets uplifting over 1,000 healthcare businesses within 12 months, with RM100 million in disbursements.
Carmen Chan, Vice President (Healthcare Industry), underscored the mission.
“We empower SMEs to embrace digital transformation confidently,” she said.
AI-powered credit models enhance scalability.
Malaysia’s healthcare SMEs face persistent challenges, including delayed payments and limited digital adoption.
CapBay’s RM4 billion disbursed to 2,000 SMEs across 20 industries demonstrates its expertise.
This initiative, one of the first targeting healthcare specifically, bridges critical financing gaps.
The partnerships align with Malaysia’s push for financial inclusion.
By integrating digital tools and flexible financing, CapBay enables SMEs to adopt technologies, enhancing competitiveness in a digital-first world.
CapBay invites healthcare SMEs to explore CrediBill and partnership opportunities via its website. The company plans to expand its reach, targeting more businesses to drive sector-wide digitalisation.
As Malaysia’s healthcare ecosystem evolves, CapBay’s initiatives pave the way for a sustainable, innovative future.
By fostering financial access and collaboration, CapBay ensures SMEs thrive, strengthening communities and the national economy.
For more information on CapBay, visit https://capbay.com/
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