Darrel Ang is the Co-founder and CBDO of CapBay, a Supply Chain Finance and Peer-to-Peer (P2P) Financing platform for SMEs.
Darrel Ang, the Co-founder and Chief Business Development Officer of CapBay, is a seasoned investment banker turned strategic entrepreneur. His career began at Bank Negara Malaysia, where he quickly ascended from a Banking Supervision Associate to a Financial Surveillance Associate. Darrel's professional journey then took him to Singapore, joining Credit Suisse and immersing himself in the vibrant world of Investment Banking. Here, he gained invaluable experience in executing several large IPOs and placements in Southeast Asia, which cemented his passion for innovation in the FinTech industry.
Darrel's academic background is equally impressive. He holds a Master’s Degree in Engineering, Economics, and Management from the University of Oxford. His education, combined with his extensive professional experience, makes him uniquely equipped to drive CapBay's mission forward.
Founded in 2016, CapBay has evolved into a pioneering marketplace in Malaysia, earning recognition as the leading and fastest-growing P2P supply chain financing player addressing the financial needs of thousands of SMEs. Capbay has disbursed $550M+ in loans, acquired Kenanga Capital Islamic, became the only Malaysian fintech to be listed in CNBC’s “Top 200 Global Fintech Companies” and won “Fintech Startup of The Year” by The Asset Triple A Digital Awards. Today, CapBay has expanded into Thailand and Singapore, with plans to expand further across Southeast Asia.
In September 2023, CapBay was selected at Endeavor’s 40th Virtual International Selection Panel.