VCI Global’s (NASDAQ: VCIG) Fintech Arm Credilab Achieves 53% Revenue Growth

For the twelve months ended June 2025, Credilab expanded its loan book to US$35 million, delivering 53% year-over-year revenue growth. This achievement reflects not only the strong demand for financing from underserved small and medium enterprises (SMEs) but also the scalability of Credilab’s AI-driven model. Importantly, the platform has maintained non-performing loans (NPL) below 3%, underscoring the strength of its proprietary credit risk engine in ensuring responsible, sustainable growth.

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 3%. This balance of growth and prudence uniquely positions us to serve SMEs and micro-entrepreneurs across Malaysia and beyond,” said Henry Chai, Group Chief Technology Officer of VCI Global.