Founded in 2020, DCAP Digital provides a full-stack Lending-as-a-Service (LaaS) platform, enabling efficient capital deployment to high-quality, pre-vetted borrowers. The platform is supported by proprietary AI-driven tools designed to deliver transparent, efficient, and regulation-compliant credit services.
This partnership allows HLB to integrate DCAP Digital’s AI-powered credit scoring engine into its lending workflow, enhancing credit accessibility for businesses that may not meet traditional financing criteria. By pairing this technology with HLB’s robust financial offerings and nationwide reach, the collaboration aims to tailor loan solutions for businesses—particularly in the fast-growing motorcycle and electric vehicle (EV) sectors.
In May 2025 alone, over 61,000 motorcycles were registered in Malaysia—a figure that reflects the segment’s dynamism. Yet, challenges in motorcycle financing persist, especially for underbanked communities, due to difficulties in credit profiling and Know-Your-Customer (KYC) processing
“This represents a big step forward for HLB in terms of enhancing our lending services, as we continuously look to streamline our financing processes to better serve our dynamic pool of business customers”, commented Woon Siew Hoong, HLB’s Head of SME Banking.
The Bank will initially target its expanding base of motorcycle dealers, offering simplified loan application processing through DCAP Digital’s tech ecosystem. These dealers will also gain access to HLB’s Dealer Hire Purchase Program, alongside additional financing products such as cash management, bank acceptance, and trade line services.
DCAP Digital’s Co-Founder & CEO Sonia Ng echoed the sentiment:
“We are thrilled to partner with HLB to further our mission of promoting financial inclusion through AI-powered credit solutions. This collaboration merges HLB’s financial strength with our technology-driven approach, promoting seamless experiences, smart SME transformation, and sustainable growth across the motorcycle ecosystem.”
To support the initiative, HLB and DCAP Digital will co-host training workshops, seminars, and marketing campaigns, aimed at educating dealers on application best practices and amplifying the programme’s reach within the motorcycle industry.
The partnership reflects a shared vision between both organisations—to transform SME financing in Malaysia by making it more inclusive, efficient, and digitally enabled.
