VCI Global’s High-Growth Fintech Startup Credilab Secures Strategic Investment from Dubai Fund
VCI Global's fintech subsidiary Credilab has secured a US$1 million strategic investment from Dubai-based Triple Helix Capital. Credilab, a digital lending platform operating in Malaysia, focuses on providing same-day loans to underserved microfinance and SME segments.
The company's performance has been impressive, with:
- Revenue of US$0.7 million in H1 2024 (116% YoY growth)
- Near-zero Non-Performing Loan rate
- Loan book value of US$13.3 million (67% growth) as of June 2024
Credilab's platform streamlines the entire lending process, from applications and credit scoring to disbursements, while maintaining regulatory compliance. The investment will accelerate platform expansion, broaden financial products, and support market entry strategies. The company aims to become a category-defining leader in the global fintech landscape.
Credilab, la controllata fintech di VCI Global, ha ottenuto un investimento strategico di 1 milione di dollari da Triple Helix Capital, con sede a Dubai. Credilab, una piattaforma digitale di prestiti attiva in Malesia, si concentra sull'erogazione di prestiti nello stesso giorno a segmenti microfinanziari e PMI poco serviti.
Le performance dell'azienda sono state notevoli, con:
- Ricavi di 0,7 milioni di dollari nel primo semestre 2024 (crescita annua del 116%)
- Tasso di prestiti non performanti quasi nullo
- Valore del portafoglio prestiti di 13,3 milioni di dollari (crescita del 67%) a giugno 2024
La piattaforma di Credilab semplifica l'intero processo di prestito, dalle domande e valutazioni del credito fino all'erogazione, garantendo al contempo la conformità normativa. L'investimento accelererà l'espansione della piattaforma, amplierà l'offerta di prodotti finanziari e sosterrà le strategie di ingresso nel mercato. L'azienda punta a diventare un leader di riferimento nel panorama fintech globale.
Credilab, la filial fintech de VCI Global, ha asegurado una inversión estratégica de 1 millón de dólares estadounidenses por parte de Triple Helix Capital, con sede en Dubái. Credilab, una plataforma digital de préstamos que opera en Malasia, se enfoca en ofrecer préstamos el mismo día a segmentos microfinancieros y PYMEs desatendidos.
El desempeño de la empresa ha sido impresionante, con:
- Ingresos de 0,7 millones de dólares en el primer semestre de 2024 (crecimiento interanual del 116%)
- Tasa de préstamos morosos casi nula
- Valor de la cartera de préstamos de 13,3 millones de dólares (crecimiento del 67%) a junio de 2024
La plataforma de Credilab agiliza todo el proceso de préstamo, desde las solicitudes y la evaluación crediticia hasta los desembolsos, manteniendo el cumplimiento normativo. La inversión acelerará la expansión de la plataforma, ampliará los productos financieros y apoyará las estrategias de entrada al mercado. La compañía aspira a convertirse en un líder definitorio en el panorama fintech global.
VCI Global의 핀테크 자회사 Credilab이 두바이에 본사를 둔 Triple Helix Capital로부터 100만 달러의 전략적 투자를 확보했습니다. Credilab은 말레이시아에서 운영되는 디지털 대출 플랫폼으로, 소외된 마이크로파이낸스 및 중소기업(SME) 부문에 당일 대출을 제공하는 데 주력하고 있습니다.
회사의 성과는 인상적이며, 다음과 같습니다:
- 2024년 상반기 매출 70만 달러 (전년 대비 116% 성장)
- 거의 제로에 가까운 부실 대출 비율
- 2024년 6월 기준 대출 잔액 1,330만 달러 (67% 성장)
Credilab의 플랫폼은 신청부터 신용 평가, 자금 집행까지 대출 전 과정을 간소화하면서 규제 준수를 유지합니다. 이번 투자는 플랫폼 확장 가속화, 금융 상품 다양화, 시장 진입 전략 지원에 활용될 예정입니다. 회사는 글로벌 핀테크 시장에서 카테고리를 정의하는 선도 기업이 되는 것을 목표로 하고 있습니다.
Credilab, la filiale fintech de VCI Global, a obtenu un investissement stratégique d’un million de dollars américains de la part de Triple Helix Capital, basée à Dubaï. Credilab est une plateforme de prêt numérique opérant en Malaisie, spécialisée dans l’octroi de prêts le jour même aux segments microfinance et PME peu desservis.
Les performances de l’entreprise sont impressionnantes, avec :
- Un chiffre d’affaires de 0,7 million de dollars au premier semestre 2024 (croissance annuelle de 116 %)
- Un taux de prêts non performants quasi nul
- Une valeur du portefeuille de prêts de 13,3 millions de dollars (croissance de 67 %) en juin 2024
La plateforme de Credilab simplifie l’ensemble du processus de prêt, des demandes et évaluations de crédit jusqu’aux décaissements, tout en assurant la conformité réglementaire. Cet investissement permettra d’accélérer l’expansion de la plateforme, d’élargir l’offre de produits financiers et de soutenir les stratégies d’entrée sur le marché. L’entreprise vise à devenir un leader incontournable dans le paysage fintech mondial.
Credilab, die Fintech-Tochtergesellschaft von VCI Global, hat eine strategische Investition in Höhe von 1 Million US-Dollar von Triple Helix Capital mit Sitz in Dubai erhalten. Credilab ist eine digitale Kreditplattform, die in Malaysia tätig ist und sich darauf konzentriert, am selben Tag Kredite an unterversorgte Mikrofinanz- und KMU-Segmente zu vergeben.
Die Unternehmensleistung ist beeindruckend und umfasst:
- Umsatz von 0,7 Millionen US-Dollar im ersten Halbjahr 2024 (116 % Wachstum im Jahresvergleich)
- Nahezu null notleidende Kredite
- Kreditbuchwert von 13,3 Millionen US-Dollar (67 % Wachstum) per Juni 2024
Die Plattform von Credilab optimiert den gesamten Kreditprozess, von der Antragstellung und Bonitätsbewertung bis zur Auszahlung, und gewährleistet dabei die Einhaltung gesetzlicher Vorschriften. Die Investition wird die Expansion der Plattform beschleunigen, das Finanzproduktangebot erweitern und Markteintrittsstrategien unterstützen. Das Unternehmen strebt an, eine führende Rolle im globalen Fintech-Bereich einzunehmen.
- Secured US$1M strategic investment from Dubai-based Triple Helix Capital
- 116% YoY revenue growth to US$0.7M in H1 2024
- Near-zero Non-Performing Loan (NPL) rate
- 67% growth in loan book value to US$13.3M (June 2024)
- Licensed money lending business with regulatory approval
- Strong market position in underserved SME and microfinance segments
- Revenue of US$0.7M in H1 2024 is relatively small despite growth
- Heavy dependence on single market (Malaysia)
- Operating in highly competitive fintech lending space
Insights
VCI Global's Credilab secures US$1M investment, showing 116% YoY revenue growth and near-zero NPL rate, validating its digital lending model.
The
This near-zero NPL rate is particularly noteworthy in the digital lending space, especially considering Credilab focuses on traditionally underserved segments like microfinance and SMEs. The company's loan book value has grown by
Credilab's platform streamlines the entire lending process - from applications and credit scoring to KYC verification, contract execution, and disbursement - while ensuring regulatory compliance. The company operates under a licensed money lending business approved by Malaysia's Ministry of Housing and Local Government.
According to the article, this investment will fuel Credilab's "aggressive growth phase," which includes platform expansion, broadening its financial product suite, and executing market entry strategies. The company's stated aim is to become a "category-defining leader in the global fintech landscape" with "unicorn potential."
For VCI Global, a diversified global holding company with strategic focus areas including AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, this development represents a milestone for one of its key subsidiaries.
Triple Helix's US$1M investment in Credilab validates its financial inclusion model serving underbanked segments with remarkable credit performance.
This investment highlights Credilab's success in addressing financial inclusion through technology. The platform specifically targets microfinance and SME segments that have been "historically underserved by traditional banks" according to the article, providing same-day loan disbursements - a critical feature for businesses and individuals with urgent capital needs.
What distinguishes Credilab in the digital lending sector is its combination of rapid growth and exceptional risk management. The near-zero Non-Performing Loan (NPL) rate is setting "a new benchmark in credit technology" as stated in the article. This metric indicates Credilab has developed effective credit assessment capabilities for segments typically considered higher risk.
With a current loan book value of
The company's technology streamlines the entire lending process while ensuring regulatory compliance. This dual focus on innovation and compliance is essential in financial services, particularly when serving vulnerable populations.
The
US
KUALA LUMPUR, Malaysia, April 30, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its fintech subsidiary, Credilab Sdn Bhd (“Credilab”), a fast-scaling digital lending platform, has secured a strategic investment worth US
Credilab is focused on promoting financial inclusion by providing same-day loan disbursements to the microfinance and small and medium-sized enterprise (SME) segments that have historically been underserved by traditional banks. Operating under a licensed money lending business approved by the Ministry of Housing and Local Government in Malaysia, Credilab leverages cutting-edge technology to streamline the entire lending process – from loan applications and credit scoring to contract execution and disbursements – while ensuring regulatory compliance and secure payment processing for a seamless customer experience.
Building on its innovative platform and operational excellence, Credilab has achieved rapid growth, positioning itself as a next-generation fintech startup with unicorn potential. In the first half of 2024, Credilab recorded US
Powered by a scalable and resilient lending model that minimizes credit risk and unlocks capital for underserved markets, Credilab is entering an aggressive growth phase. Strengthened by the strategic investment from Triple Helix, the company is accelerating its platform expansion, broadening its financial product suite, and executing a market entry strategy aimed at delivering exponential revenue growth and long-term value creation for stakeholders. Credilab is firmly positioning itself to become a category-defining leader in the global fintech landscape.
“This strategic investment by Triple Helix validates Credilab’s innovative business model, robust financial performance, and exceptional risk management. We believe Credilab is well on its way to becoming a major fintech success story in Southeast Asia and beyond,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
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 Triple Helix Capital Ltd
Triple Helix is an investment management company based in the DIFC and licensed by the DFSA. The firm specializes in sourcing and managing investment opportunities across sectors, including digital healthcare, biotech, education, and technology. By leveraging strong relationships with sovereign wealth funds, financial institutions, and family groups, Triple Helix Capital focuses on acquiring, restructuring, and divesting portfolio assets at attractive valuations, aiming to generate value for its investors. The company’s experienced team has deep ties to the GCC, with expertise in private equity, venture capital, and regional economic development.
For more information, please visit https://triplehelixcapital.com/.
About VCI Global Limited
VCI Global is a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy. With a strong presence in Asia, Europe, and the United States, VCI Global is committed to driving technological innovation, sustainable growth, and financial excellence across multiple industries.
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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