CapBay, Malaysia’s leading fintech in supply chain finance and P2P financing, has signed Memorandums of Understanding (MoUs) with Farmasi Al Arif, HealthMetrics, HorecaBid, and Nephrocare to enhance digital financing access for healthcare SMEs.
The MoUs were exchanged at SEACare 2025 and witnessed by Tunku Datuk Mohamed Alauddin Tunku Naquiyuddin, CEO of Antah Healthcare Group, and Mohd Redzuan Affandi Bin Abdul Rahim, Director of Digital Services, MDEC.
CapBay also launched CrediBill, a B2B Buy Now Pay Later (BNPL) solution enabling instant payouts to suppliers and flexible payment terms for buyers.
Ang Xing Xian, Co-founder and CEO of CapBay, said, “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.”
The collaboration will drive co-branded initiatives, trend-sharing, and pilot programmes focused on healthcare innovation and procurement efficiency.
Muhammad Farahi ‘Arif bin Tajul Ariffin of Farmasi Al Arif said, “CapBay’s financing solutions will significantly streamline our procurement processes, allowing us to better meet the growing demands of the pharmaceutical industry.”
CapBay targets to digitally uplift over 1,000 healthcare businesses in the next 12 months with disbursements exceeding RM100 million. To date, it has channelled over RM4 billion to 2,000 underserved SMEs across 20 industries.
