CapBay and CGC Digital have partnered to launch a Digital Guarantee Scheme aimed at improving financing access for underserved MSMEs in Malaysia.
The scheme combines CGC Digital’s credit guarantee capabilities with CapBay’s supply chain finance and peer-to-peer (P2P) platform, creating a risk-sharing structure that enables lenders to offer more competitive financing while supporting businesses without traditional collateral.
CapBay’s AI-driven credit assessment is designed to speed up approvals and improve access to funding.
The programme offers both Islamic and conventional financing options — its first dual-facility rollout — targeting MSMEs with at least 51% Malaysian ownership. Financing ranges from RM50,000 to RM500,000, with tenures of up to 60 months.
To date, CapBay has facilitated over RM5.4 billion in financing to more than 2,500 SMEs.
Under the partnership, CGC Digital’s guarantee enhances the credit profile of participating businesses, helping attract institutional and retail investors while supporting lower financing costs.
Ang Xing Xian said the collaboration aims to make financing more accessible to SMEs that face challenges with traditional approval processes, leveraging AI to deliver faster and more seamless funding.
Meanwhile, Yushida Husin said the initiative uses data-driven insights to bridge financing gaps, while offering both Shariah-compliant and conventional options to broaden access and provide greater assurance to financiers.
The initiative supports broader efforts to enhance financial inclusion and drive MSME growth in Malaysia.
