Bay Group Holdings Sdn Bhd (CapBay), a leading Malaysian fintech firm in supply chain finance and P2P financing, has signed Memorandums of Understanding (MoUs) with Farmasi Al Arif, HealthMetrics, HorecaBid, and Nephrocare to improve digital financing access for SMEs in the healthcare sector.
The MoUs were exchanged during the 25th Southeast Asia Premier Healthcare and Pharma Show 2025 (SEACare 2025) at MITEC, Kuala Lumpur, witnessed by Antah Healthcare Group CEO Tunku Datuk Mohamed Alauddin Tunku Naquiyuddin and MDEC’s Director of Digital Services, Mohd Redzuan Affandi Abdul Rahim.
CapBay also launched CrediBill, a B2B Buy Now Pay Later (BNPL) platform, offering instant payouts to suppliers and flexible payment terms for buyers. The initiative is aimed at alleviating cash flow issues while supporting digital transformation in the sector.
“Our goal is to make digital financing accessible to every healthcare SME — from independent clinics to medical distributors — so they can adopt the tools they need to grow,” said Ang Xing Xian, Co-founder and CEO of CapBay.
Backed by strong partnerships and funding pipelines, CapBay targets to digitally empower over 1,000 healthcare businesses within a year, with disbursements exceeding RM100 million. To date, CapBay has disbursed over RM4 billion in financing to more than 2,000 underserved SMEs across 20 industries.
