Malaysia’s P2P financing platform CapBay secures $20m in Series A round

Photo: Pixabay

CapBay, a Malaysian supply chain finance and peer-to-peer (P2P) platform, has raised $20 million in its Series A round from returning backer KK Fund, a Singapore-based venture capital firm.

KK Fund, founded in 2015, invests in seed-stage internet and mobile startups across Southeast Asia, Hong Kong and Taiwan.

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