Introduction to Credilab’s Strategic Investment
KUALA LUMPUR, Malaysia, April 30, 2025 – VCI Global Limited, a diversified global holding company, announced that its fintech subsidiary, Credilab Sdn Bhd, has secured a strategic investment worth US$1 million from Triple Helix Capital Ltd, a leading Dubai-based private investment fund. This investment is a significant milestone for Credilab, a fast-scaling digital lending platform that aims to promote financial inclusion in Malaysia.
About Credilab
Credilab is focused on 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. This includes loan applications, credit scoring, contract execution, and disbursements, while ensuring regulatory compliance and secure payment processing for a seamless customer experience.
Achievements and Growth
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$0.7 million in revenue, representing a 116% year-over-year increase, while maintaining a near-zero Non-Performing Loan (NPL) rate. The company’s loan book value grew by 67%, reaching US$13.3 million as of June 2024, reflecting strong demand and engagement across its target segments.
Strategic Investment and Future Plans
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.
Quotes from Key Personnel
"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’s Services
Credilab offers customized financial analytics, strengthens regulatory compliance, and ensures secure payment processing. The platform 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, and flexible and convenient repayment options.
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.
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.
Conclusion
The strategic investment in Credilab by Triple Helix Capital Ltd marks a significant milestone in the company’s journey to become a leading fintech player in Southeast Asia. With its innovative platform, robust financial performance, and exceptional risk management, Credilab is well-positioned to deliver exponential revenue growth and long-term value creation for stakeholders. As the company continues to expand its platform and broaden its financial product suite, it is likely to play a major role in promoting financial inclusion and bridging the credit gap for underserved individuals and SMEs in the region.
