Bay Group Holdings Sdn Bhd (CapBay), a homegrown Malaysian supply chain financing provider and peer-to-peer (P2P) financing company, has teamed up with Olea Global Pte. Ltd. (Olea), a Singapore-based technology-driven trade and supply chain finance solutions provider, to offer cross border financing for Malaysian exporters.

The duo said in a statement on Tuesday that this strategic alliance is designed to strengthen and develop Malaysian exporters through cross-border trade financing.

CapBay and Olea both have the conviction that Malaysia will be the beneficiary in the reshuffle of global supply chains and emerge as a strong exporting country.

The collaboration aims to empower Malaysian enterprises to expand internationally and deliver high-quality products to global markets.

This collaboration leverages CapBay’s expertise in supply chain financing solutions, its network of Malaysian small and medium-sized enterprises (SMEs) and Olea’s global liquidity solutions, international trade network, and cross-border trade expertise.

Olea has processed over $2 billion in transactions across key trade corridors.

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 artificial intelligence (AI)-powered credit capabilities with Olea’s global trade finance expertise, aiming to enhance access to capital and streamline cross-border transactions.

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.

“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,” said Ang Xing Xian, Co-founder and Group Chief Executive Officer of CapBay.

Meanwhile, Amelia Ng, Chief Executive Officer of Olea, said that by combining Olea’s deep expertise in global trade and liquidity with CapBay’s cutting-edge financing infrastructure, they are 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,” she added.

Jasmine Lau, Director (International Expansion) of CapBay, added this partnership with Olea significantly strengthens CapBay’s regional presence, enabling them to better support SMEs in cross-border trade.

“Currently, cross-border transactions contribute 10 percent to our group’s revenue, and we are ambitiously targeting 30 percent in the coming years, with collaborations like this driving regional growth and global competitiveness,” she added.

Since its establishment in 2017, CapBay has disbursed over MYR 4.3 billion ($1.02 billion) through more than 35,000 financing notes, empowering over 2,200 SMEs across 20 industries.

#TradeFinance #CrossBorderFunding #SMEGrowth #ExportSolutions #FintechPartnership