Financing makes the business world go round, but unfortunately access to financing has been as wide as we might like for a variety of reasons, including the ways banks use data to assess the risks associated with a borrower . In response to this, a variety of fintech firms have come about to address this, and one of them is Malaysian home grown supply chain finance and peer-to-peer financing (P2P) platform CapBay.

CapBay has been making headlines this year. Earlier this year, they surpassed the milestone of disbursing over RM1 billion to more than 400 underserved SMEs in Malaysia and were also named among the world’s top 200 fintech businesses by CNBC and research firm Statista. Other than that, the founders were also chosen by global entrepreneur network Endeavor in its latest selection round, highlighting the potential of these Malaysian entrepreneurs and their venture.

We speak to CapBay co-founders Ang Xing Xian and Darrel Ang about the early days of building this P2P financing platform, what started them down this path, and the vision ahead for this Malaysian startup.