Kuala Lumpur, 10 June 2026 – CrediBill Sdn Bhd (“CrediBill”), Malaysia’s B2B Buy Now Pay Later (“BNPL”) platform powered by CapBay, has entered into a strategic partnership with Pharmaniaga Berhad (“Pharmaniaga”) to extend payment flexibility to healthcare buyers including clinics, pharmacies, and dentals across Pharmaniaga’s network. The partnership aims to address the persistent cash flow pressures faced by healthcare SMEs in Malaysia’s private primary healthcare sector.
Under the partnership, more than 8,500 healthcare providers within Pharmaniaga’s network will benefit from extended payment terms of up to 90 days for their purchases of pharmaceutical and healthcare products at zero cost. Buyers onboarded through this programme will also have the option to further extend their credit terms beyond 90 days through CrediBill’s BNPL platform at an affordable rate.
As Malaysia’s largest integrated healthcare service provider, Pharmaniaga plays a critical role in ensuring the availability and distribution of medicines and healthcare products nationwide. The partnership complements the Group’s ongoing efforts to strengthen the resilience of the healthcare supply chain by supporting the financial sustainability of healthcare providers.
The programme is powered by CrediBill’s AI-driven credit scoring engine, which leverages alternative supply chain data to assess buyer creditworthiness beyond conventional methods. This technology enables faster digital onboarding by eliminating manual paperwork and significantly reducing turnaround times. Platform users can also manage payables through a unified platform that provides access to credit facilities for sourcing essential supplies.
The initiative comes at a critical time for Malaysia’s frontline healthcare providers. According to the Malaysian Medical Association, over 70 per cent of the country’s 10,000 private GP clinics earn below RM60,000 per month, with many struggling to sustain operations amid rising costs and the mismatch between upfront stock purchases and delayed insurance reimbursements.
Ang Xing Xian, Director of CrediBill and Group CEO of CapBay, said, “Healthcare is a sector close to our hearts at CrediBill. The men and women running clinics, pharmacies and dental practices across Malaysia are doing important work, yet they have long been underserved by traditional financial institutions. Our journey in healthcare is just beginning — this partnership with Pharmaniaga is a meaningful step in our mission to build a more financially resilient healthcare ecosystem in Malaysia, and we look forward to expanding our solutions to benefit even more healthcare business owners in the years ahead.”
Dato’ Zulkifli Jafar, Managing Director of Pharmaniaga Berhad, said, “At Pharmaniaga, we have always seen ourselves as a trusted healthcare partner, committed to supporting the broader healthcare ecosystem beyond the supply of medicines. Healthcare providers play a vital role in delivering quality care to Malaysians, and through our partnership with CrediBill, we are pleased to offer greater financial flexibility to support their operations. This initiative reflects our commitment to strengthening healthcare access and supporting the providers who serve communities across the country.”
The partnership represents an important step towards improving financial accessibility for healthcare providers across Malaysia. By combining Pharmaniaga’s extensive healthcare network with CrediBill’s financing capabilities and powered by CapBay, the initiative aims to support a more resilient and sustainable healthcare ecosystem.