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VCI Global’s Fintech Arm Advances Toward Full Digital Lending Rollout with Regulatory Approval, Targeting Two-Minute Loan Disbursements
VCI VCI (US:VCIG) Globenewswire·2025-05-15 20:33

License from KPKT Empowers Credilab to Deliver AI-Powered Microloans and SME Financing Nationwide – Paperless, Instant, and BranchlessKUALA LUMPUR, Malaysia, May 15, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”) today announced that its fintech subsidiary, Credilab Sdn Bhd (“Credilab” or the “Company”) has secured a conditional approval for a digital moneylending license from Malaysia’s Ministry of Local Government Development (“KPKT”). This regulatory green light marks a signifi ...