PartnershipJun 9, 2026, 10:09 PM
VCI Global Partner Credilab Approved for Malaysia Online Lending
AI Summary
VCI Global Limited announced that its AI and tech infrastructure branch, V Gallant Limited, has seen its fintech partner, Credilab Sdn Bhd, receive approval to operate as a full online lending platform in Malaysia. This approval accelerates the commercialization of V Gallant's AI lending infrastructure, with V Gallant providing AI infrastructure and automation support to Credilab's digital lending operations under a revenue-sharing agreement. Credilab, which already has an existing loan portfolio of approximately $37.1 million, aims to offer a streamlined loan experience with approvals and disbursements in as fast as five minutes.
Key Highlights
- VCI Global's subsidiary V Gallant's partner Credilab Sdn Bhd approved as full online lending platform in Malaysia.
- V Gallant will provide AI infrastructure, smart workflow automation, and operating system functions to Credilab.
- The partnership includes a revenue sharing arrangement for V Gallant.
- Credilab's existing loan portfolio is approximately $37.1 million (150.9 million MYR).
- The platform aims for loan approval and disbursement in as fast as five minutes.
- Global digital lending platform market is projected to reach $12.8 billion by 2033.
- The market is expected to grow at a CAGR of 25.5% from 2025 to 2033.
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