VCI Global’s Fintech Arm Credilab Achieves US$35 Million Loan Book with 53% Revenue Growth; Secures Conditional Approval for Full Online Lending License
VCI Global's (NASDAQ:VCIG) fintech subsidiary Credilab has achieved significant milestones, reporting a US$35 million loan book and 53% year-over-year revenue growth for the twelve months ended June 2025. The company maintains a strong non-performing loan (NPL) ratio below 3%, demonstrating effective risk management through its AI-driven credit assessment system.
Credilab has secured conditional approval for a full online lending license from Malaysia's Ministry of Housing and Local Government, positioning it to address the country's US$64 billion SME financing gap. The platform specializes in serving Malaysia's underserved SME sector, which comprises 96.1% of all business establishments, offering features like instant cash loans, rapid processing, and flexible repayment options.
La fintech di VCI Global (NASDAQ:VCIG), Credilab, ha raggiunto traguardi significativi, con un portafoglio prestiti di 35 milioni di dollari e una crescita dei ricavi del 53% su base annua nei dodici mesi chiusi a giugno 2025. La società mantiene un solido rapporto di sofferenze (NPL) inferiore al 3%, a testimonianza di una gestione del rischio efficace supportata dal suo sistema di valutazione del credito basato sull'IA.
Credilab ha ottenuto la approvazione condizionale per una licenza di prestito completamente online dal Ministero degli Alloggi e del Governo Locale della Malaysia, preparandosi a intervenire nel gap di finanziamento alle PMI della Malaysia, pari a 64 miliardi di dollari. La piattaforma è specializzata nel servire il settore delle PMI poco servite del Paese, che rappresenta il 96,1% di tutte le imprese, offrendo prestiti cash istantanei, processi rapidi e opzioni di rimborso flessibili.
La subsidiaria fintech de VCI Global (NASDAQ:VCIG), Credilab, ha alcanzado hitos importantes, con una cartera de préstamos de 35 millones de USD y un crecimiento de ingresos interanual del 53% en los doce meses finalizados en junio de 2025. La compañía mantiene una sólida tasa de préstamos morosos (NPL) por debajo del 3%, lo que demuestra una gestión de riesgos eficaz mediante su sistema de evaluación crediticia impulsado por IA.
Credilab ha obtenido la aprobación condicional para una licencia de préstamos totalmente online del Ministerio de Vivienda y Gobierno Local de Malasia, posicionándose para abordar la barrera de financiación para pymes en Malasia de 64.000 millones de USD. La plataforma se especializa en atender al sector de pymes desatendidas del país, que comprende el 96,1% de todos los establecimientos empresariales, ofreciendo préstamos rápidos en efectivo, procesos ágiles y opciones flexibles de reembolso.
VCI Global(NASDAQ:VCIG)의 핀테크 자회사 Credilab은 2025년 6월로 끝나는 12개월 동안 3,500만 달러 대출 포트폴리오와 연간 매출 53% 증가라는 의미 있는 성과를 달성했습니다. 회사는 3% 미만의 부실채권(NPL) 비율을 유지하고 있으며, 이는 AI 기반 신용평가 시스템을 통한 효과적인 리스크 관리의 결과입니다.
Credilab은 말레이시아 주택·지방정부부로부터 완전 온라인 대출 라이선스에 대한 조건부 승인을 받았으며, 640억 달러 규모의 말레이시아 중소기업(SME) 자금 격차 해결을 목표로 하고 있습니다. 이 플랫폼은 전체 사업체의 96.1%를 차지하는 말레이시아의 소외된 중소기업 부문을 전문으로 하며, 즉시 현금 대출, 신속한 처리, 유연한 상환 옵션 등을 제공합니다.
La filiale fintech de VCI Global (NASDAQ:VCIG), Credilab, a réalisé des avancées notables, affichant un portefeuille de prêts de 35 millions de dollars et une croissance du chiffre d'affaires de 53% en glissement annuel pour les douze mois clos en juin 2025. La société maintient un taux de créances douteuses (NPL) inférieur à 3%, démontrant une gestion des risques efficace grâce à son système d'évaluation du crédit piloté par l'IA.
Credilab a obtenu l'approbation conditionnelle d'une licence de prêt entièrement en ligne du ministère du Logement et des Gouvernements locaux de Malaisie, se positionnant pour répondre au déficit de financement des PME en Malaisie de 64 milliards de dollars. La plateforme se spécialise dans le service du secteur des PME malaisiennes mal desservi, qui représente 96,1% de tous les établissements, et propose des prêts en espèces instantanés, un traitement rapide et des options de remboursement flexibles.
Die Fintech-Tochter Credilab von VCI Global (NASDAQ:VCIG) hat bedeutende Meilensteine erreicht: ein Darlehensportfolio von 35 Mio. USD und ein Umsatzwachstum von 53% gegenüber dem Vorjahr für die zwölf Monate bis Juni 2025. Das Unternehmen weist eine stabile Quote notleidender Kredite (NPL) unter 3% auf, was auf ein wirksames Risikomanagement durch sein KI-gestütztes Kreditbewertungssystem hindeutet.
Credilab hat von Malaysias Ministerium für Wohnungswesen und Kommunalverwaltung die bedingte Genehmigung für eine vollständige Online-Kreditlizenz erhalten und ist damit gut positioniert, die Finanzierungslücke für KMU in Malaysia in Höhe von 64 Mrd. USD anzugehen. Die Plattform spezialisiert sich auf den unterversorgten KMU-Sektor Malaysias, der 96,1% aller Betriebe ausmacht, und bietet sofortige Barkredite, schnelle Bearbeitung und flexible Rückzahlungsoptionen.
- Achieved US$35 million loan book with 53% year-over-year revenue growth
- Maintained strong asset quality with NPL ratio below 3%
- Secured conditional approval for full online lending license
- Targets US$64 billion SME financing gap opportunity in Malaysia
- Operating in highly competitive fintech lending space
- Subject to strict regulatory oversight and compliance requirements
- Exposure to credit risk in SME lending segment
Insights
VCI Global's fintech arm shows strong growth with $35M loan book, 53% revenue increase, and regulatory approval, positioning for significant market expansion.
Credilab's performance metrics reveal a fintech business with solid fundamentals and promising growth trajectory. The $35 million loan book represents significant scale for an emerging digital lender in Southeast Asia, while the 53% year-over-year revenue growth demonstrates strong market traction and execution capability. Most impressive is maintaining non-performing loans below 3% – a remarkable achievement considering the typically higher default rates in SME and micro-entrepreneur lending segments.
The conditional approval for a full online lending license from Malaysia's Ministry of Housing and Local Government is a critical regulatory milestone that removes significant barriers to growth. This regulatory green light enables Credilab to expand its addressable market across Malaysia and potentially accelerate customer acquisition without geographic constraints.
What's particularly notable is Credilab's positioning within a substantial market opportunity. Malaysia's $64 billion SME financing gap highlights the massive unmet demand that Credilab can potentially capture. With SMEs comprising 96.1% of Malaysian business establishments, Credilab is targeting a foundational sector of the economy with persistent access-to-capital challenges.
The company's AI-driven credit assessment system appears to be a key competitive differentiator, enabling same-day loan disbursements while maintaining strong asset quality. This technological edge allows Credilab to serve customers traditional lenders avoid, while managing default risk effectively – the essential balance that determines success in digital lending.
Strong Loan Growth, Prudent Risk Management, and Regulatory Greenlight Position Credilab for Next Phase of Expansion
KUALA LUMPUR, Malaysia, Sept. 04, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a cross-sector platform builder integrating deep technology with financial architecture to enable sovereign-ready digital ecosystems, today announced major milestones for its fintech subsidiary, Credilab Sdn Bhd (“Credilab”), as it strengthens its position as an emerging leader in the Southeast Asia’s digital financing landscape.
For the twelve months ended June 2025, Credilab expanded its loan book to US
Building on this momentum, Credilab has received conditional approval for a full online lending license from the Ministry of Housing and Local Government of Malaysia (“KPKT”). This regulatory milestone represents a significant step toward enabling seamless, nationwide access to financing, further advancing Credilab’s mission of democratizing credit while unlocking new revenue streams at scale.
“At Credilab, technology sits at the core of everything we do. By embedding AI into our credit assessment and risk management systems, we have been able to deliver rapid loan disbursements while maintaining strong asset quality with NPL below
Looking ahead, Credilab is well-positioned to deepen its presence in Malaysia’s SME financing landscape. As of 2024, MSMEs comprised
“What started as a concept project has now proven its strength with real traction and significant growth. Achieving a US
About Credilab Sdn Bhd
Credilab is a proprietary fintech platform designed to streamline the digital lending process, from online applications and credit scoring to Know Your Customer (KYC) verification and disbursement. It offers customized financial analytics, strengthens regulatory compliance, and ensures secure payment processing.
Focused on financial inclusion, Credilab provides accessible micro-financing solutions to underserved individuals, bridging the credit gap with advanced technology and user-centric design.
Key features of Credilab include:
- Instant Cash Loans with minimal documentation
- Short Processing Times for fast disbursements
- Flexible and Convenient Repayment Options
For more information, please log on to https://www.credilab.my/.
About VCI Global Limited
VCI Global is a cross-sector platform builder integrating deep technology with financial architecture to enable sovereign-ready digital ecosystems. Evolving from its roots in capital markets consultancy, the company now operates across fintech, AI, robotics, and cybersecurity.
Its mission is to empower governments, enterprises, and institutions, particularly in Southeast Asia, to scale securely, intelligently, and independently. At the core of its latest innovations is a sovereign AI data platform fortified by proprietary military-grade encryption, built to meet the highest standards of digital sovereignty, national security, and enterprise resilience.
For more information on the Company, please log on to https://v-capital.co/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
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FAQ
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