KUALA LUMPUR, Sept 8 — CapBay, an award-winning multi-bank supply chain finance and peer-to-peer (P2P) platform, has been selected by Telekom Malaysia Bhd ™ as the first and only fintech partner for its vendor financing programme known as PERINTIS. The company said with a Memorandum of...
KUALA LUMPUR, Sept 8 — CapBay, an award-winning multi-bank supply chain finance and peer-to-peer platform, has been selected by Telekom Malaysia Bhd ™ as the first and only fintech partner for its vendor financing programme known as PERINTIS.
In a statement today, CapBay chief executive officer Ang Xing Xian said being part of PERINTIS would expand the company’s reach to underserved SMEs in the telecommunications sector that need flexible working capital to grow their business and build resilience against the impacts of Covid-19. He said with this latest initiative, CapBay’s P2P investors can now expand and diversify their investment portfolio backed by the government and large corporate receivables while earning healthier returns.
“With the recent Overnight Policy Rate cuts, investors are worried that they will see lower returns on their investments and are looking for higher-yielding investments that are relatively safe.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Perintis sedia RM10jTELEKOM Malaysia (TM) bekerjasama dengan 14 institusi kewangan bagi membantu menyediakan pakej pembiayaan komprehensif dengan nilai sehingga RM10 juta melalui Program Pembiayaan Vendor TM dikenali sebagai Perintis.
Read more »
Asian markets edge back after rout, pound struggles | Malay MailHONG KONG, Sept 8 — Asian markets ticked higher today as investors edged back after last week’s steep drops, brushing off Donald Trump’s latest anti-China salvo, while sterling struggled to bounce back after fears over Brexit trade deal talks. With New York closed for a public holiday,...
Read more »
Protests over 'racist' ads shut hundreds of S. Africa pharmacies | Malay MailJOHANNESBURG, Sept 8 — Protests forced more than 400 stores of South Africa's biggest pharmacy chain to close yesterday after a controversial “racist” hair advertisement provoked widespread outrage. Dozens of activists from South Africa's radical leftwing Economic Freedom Fighters (EFF) party...
Read more »
Medvedev mauls Tiafoe to reach US Open quarter-finals | Malay MailNEW YORK, Sept 8 — Daniil Medvedev stormed into the US Open quarter-finals with a dominant 6-4 6-1 6-0 win over a listless Frances Tiafoe at Arthur Ashe Stadium on Monday. The Russian third seed, who lost an epic five-set final to Rafa Nadal at Flushing Meadows last year, barely broke a sweat in...
Read more »
Australian media firms pull journalists from China over security worries, reports ABC | Malay MailSYDNEY, Sept 8 — Two Australian media firms have rushed two of their China-based reporters from the country after police there demanded interviews with both journalists, the Australian Broadcasting Corporation (ABC) reported today. An ABC correspondent based in Beijing and the Australian...
Read more »
'Swipe Night' goes international: Live interactive show to increase Tinder matches | Malay MailSAN FRANCISCO, Sept 8 — Can a post-apocalyptic series help you start a conversation with potential lovers on Tinder? The match-making application is offering its 57 million users worldwide the chance to take part in a special event where they can decide the outcome of a narrative in order to help...
Read more »