A highly experienced banker with over three decades of leadership experience in SME banking and supply-chain finance. As an award-winning accountant and fellow member of the Charter Association of Certified Accountants in the United Kingdom, Jasmine has held diverse roles across Commercial Banking (CMB), Global Trade and Receivables Finance (GTRF), and Risk Management at HSBC across different geographies. She previously held positions such as HSBC CMB’s Regional Chief Operating Officer for the Middle East and North Africa (MENA), GTRF’s Regional Head for Business Development for MENA and Turkey, and HSBC China’s Country Head GTRF. Currently, she serves as CapBay’s director.
Revolutionize your supply chain with the leading finance company
CapBay is an award-winning Supply Chain Finance platform that provides inclusive business financing solutions by utilising existing trade data and relationships. Our proprietary credit decisioning model ensures swift approvals for short-term financing, enabling businesses of all sizes to unlock their cash flow potential, while giving banks and institutional funders access to high-quality financing deals.
Our Businesses
Technology Solutions
Our supply chain financing solutions allow our partners to leverage all the benefits of advanced technology without incurring any capital outlay or maintenance costs. We also facilitate digital transformation and help business in Thailand streamline their operations for optimal efficiency.
Financing Services
Our money lending and factoring services empower SMEs to unlock their cash flow potential and take control of their finances. By unlocking capital, we enable businesses to invest in growth and build a thriving enterprise that drives success.
Vision
We are building the financing infrastructure of tomorrow to provide smart and inclusive financing solutions to businesses across Southeast Asia.
Mission
We are on a mission to provide smart financing to businesses through relentless focus on technology and innovation.
CapBay's Journey
Our financing products are linked to trade-related business activities, which create a new and secure asset class. The name evokes a vast sea of capital and represents a secure haven for impact investing by institutional funders and obtaining impactful financing by businesses.
2016 Q4
Something Big
Endorsed as a licensed Multi-Bank Supply Chain Finance Platform
2017 Q4
The Beginning
Launched first live SCF transaction
2018 Q2
An Award-Winning Creation
Awarded for Best FinTech Platform for Supply Chain Finance by The Asian Banker. Selected as Finalist at Global FinTech Hackcelerator.
2019 Q2
Something Bigger
Won the best Fintech for Plug & Play Tech Center
2020 Q1
Making a Mark
Awarded Fintech Start-Up of the year by The Asset’s Triple A Digital Awards
2020 Q1
Capital Raised to Scale
Fundraised USD $20 Million Series A round amid Covid-19 pandemic on the back of strong growth
2021 Q2
The 1 Billion milestone
Over USD $200 million financing transactions across over 10,000 transactions to finance hundreds of SMEs
2022 Q1
Solid Recognition
CapBay named EY Emerging Entrepreneur of the Year 2021
2023 Q2
New Horizons
Expanded operations to Singapore and Thailand
Notable Milestones
These accolades are a testament of our service for providing financing options to SMEs.
Best Fintech Platform for Supply Chain Financing in Asia Pacific
CapBay managed to achieve “The Best Fintech Platform – Digital Supply Chain Finance” under the Asia Pacific Frictionless Transaction Awards programme. This came from consistent meetings with industry players, regulators, and tireless hard work to develop the platform in order to provide the best digital technology for small businesses to gain financing.
CapBay makes it CNBC’s world’s top 200 fintech companies
CNBC and Statista compiled a comprehensive list of companies building innovative tech-enabled and finance-related products and services. CapBay managed to make it to CNBC’s top 200 fintech companies under the “Alternate Lending” category. This milestone was achieved by seizing market opportunities within the industry, leverage technology-driven insights, and provide flexible financing solutions tailored to businesses needs.
Meet Our Executive Leadership
A determined and disciplined risk-taker, Xing Xian is passionate about improving the efficiency of the financial industry. He first discovered his passion for finance when starting with Credit Suisse in London, following his graduation on Scholarship. Xing Xian later joined MarketInvoice, the largest invoice trading platform in the UK, and Creador, a leading private equity firm in Malaysia. Prior to CapBay, he worked as a management consultant at Accenture, where he implemented technology and analytics strategies for numerous major corporations. Xing Xian holds an MSc in Computational Finance from Oxford University.
A dedicated and detail-oriented perfectionist, Edwin is passionate about advancing the development and growth of Malaysia. After graduating on scholarship, Edwin became a corporate finance advisor at Deloitte Touche Tohmatsu Sydney, where he provided guidance on mergers and acquisitions, with a particular focus on real assets and commodities. Edwin holds an MSc in Financial Economics from Oxford University.
Darrel is an entrepreneur with a background in investment banking and has a deep passion for driving growth of the FinTech industry in Southeast Asia. Before his tenure at Credit Suisse in Singapore, Darrel assumed regulatory roles in Bank Negara and financial services consulting at Oliver Wyman London. During his time at Credit Suisse, Darrel played a key role in executing several large IPOs and placements across Southeast Asia. He holds an MSc in Engineering, Economics, and Management from Oxford University.
Awards & Achievements
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