CapBay and Olea forge strategic partnership to finance Malaysian exporters

Bay Group Holdings Sdn Bhd (CapBay), a homegrown Malaysian supply chain financing provider and leading Peer-to-Peer (P2P) financing company, has teamed up with Olea Global Pte. Ltd. (Olea), a Singapore-based leader in technology-driven trade and supply chain finance solutions. This strategic alliance, formalised at CapBay’s headquarters in Petaling Jaya, is designed to strengthen and develop Malaysian exporters through cross-border trade financing. The collaboration aims to empower Malaysian enterprises to expand internationally and deliver high-quality products to global markets.

Empowering Malaysia Exporters for Global Growth: A Strategic Partnership
This partnership is a pivotal step in CapBay’s mission to empower Malaysian exporters to thrive in international markets. The collaboration brings together CapBay’s strong SME network and AI-powered credit capabilities with Olea’s global trade finance expertise, aiming to enhance access to capital and streamline cross-border transactions.

Ang Xing Xian, Co-founder and Group CEO of CapBay, stated, “This strategic partnership with Olea underscores CapBay’s commitment to driving Malaysia’s economic growth through innovative financing. By combining our fintech expertise with Olea’s global trade capabilities, we aim to empower Malaysian enterprises to unlock new opportunities in cross-border trade and elevate Malaysian products on the global stage.”

Amelia Ng, Chief Executive Officer of Olea, commented, “ We’re absolutely thrilled to be partnering with CapBay to revolutionize cross-border trade for Malaysian exporters! By combining Olea’s deep expertise in global trade and liquidity with CapBay’s cutting-edge financing infrastructure, we’re creating a powerhouse solution that empowers exporters like never before. Together, we’re not just simplifying international trade — we’re unlocking new opportunities and driving bold, transformative growth for Malaysian businesses on the global stage!”

Jasmine Lau, Director (International Expansion) of CapBay, added, “This partnership with Olea significantly strengthens CapBay’s regional presence, enabling us to better support SMEs in cross-border trade. Currently, cross-border transactions contribute 10% to our Group’s revenue, and we are ambitiously targeting 30% in the coming years, with collaborations like this driving regional growth and global competitiveness.”

CapBay’s Leadership in Fintech Innovation
Since its establishment in 2017, CapBay has disbursed over RM4.3 billion through more than 35,000 financing notes, empowering over 2,200 SMEs across 20 industries. Headquartered in Malaysia, with an active presence in Singapore and Thailand, CapBay is regulated by the Securities Commission Malaysia. The company has gained global recognition, including being the only Malaysian fintech listed on CNBC and Statista’s World’s Top Fintech Companies for three consecutive years (2023–2025), alongside international names such as PayPal, Stripe, Tencent, Grab, and GoTo.

Olea’s Expertise in Trade Finance
Olea Global Pte. Ltd. is a leading provider to direct global liquidity to trade and supply chain finance solutions. With a strong presence in key markets including Singapore, Vietnam, and India, Olea leverages advanced technology to deliver efficient, transparent, and scalable financing — empowering businesses to grow and succeed in the global marketplace.

Looking Ahead
Through this strategic collaboration, new growth opportunities will be unlocked for Malaysian enterprises, contributing to economic development and enhancing the global competitiveness of local exporters. By leveraging CapBay’s regional strengths alongside Olea’s global reach, the collaboration will empower businesses to scale, innovate, and succeed in international markets.