What Credilab does

Credilab Sdn Bhd (1381493-W) is a Malaysia-based fintech operating a fully online, branchless digital lending platform serving freelancers, SMBs, startups, business founders, and micro businesses nationwide. The platform supports digital loan applications, eKYC verification, AI-driven credit scoring, digital signature onboarding, and a self-serve loan management dashboard, with loan tenures up to six months and no-upfront-fee, no-early-repayment-penalty terms. The company holds a digital moneylending license (WL7647/14/01-3/091226) from Malaysia's Ministry of Local Government Development (KPKT), valid through December 2026, and reports 40,000+ active customers with approximately RM50M+ (~$37.1M) in cumulative disbursed loans and a 28-minute average approval time.

Credilab's revenue model is primarily interest income on loans originated through the platform, supplemented by a revenue-share arrangement with V Gallant Limited, which provides AI infrastructure and workflow automation under an exclusive partnership. The company operates from a single registered office in Kuala Lumpur with no physical branches and uses its website (credilab.my) and WhatsApp Business as the primary customer-facing channels. Its underwriting and process automation capabilities are positioned around AI-driven credit scoring and instant KYC verification, with the technical stack delivered via the V Gallant partnership.

Credilab originated as a wholly-owned fintech subsidiary of VCI Global Limited (NASDAQ:VCIG) and was divested via a management buyout in February 2026 at an enterprise valuation of approximately US$43.74 million (1.1x net tangible assets), with VCI Global retaining a 30% equity stake. In April 2025, the company received a US$1 million strategic investment from a Dubai-based institutional investor to accelerate digital lending infrastructure development. Prior to the MBO, Credilab also entered a strategic partnership with NASDAQ-listed Treasure Global Inc. (September 2024). Disclosed financial performance is limited: revenue is not separately reported and is consolidated within VCI Global's FY2025 revenue of $26.1M across all segments.

Name

Credilab

Legal name

Credilab Sdn Bhd (1381493-W)

Website

https://credilab.my

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Credilab is a Malaysia-based fintech operating a fully online, branchless digital lending platform that provides microloans and SME financing to freelancers, startups, and micro businesses using AI-driven credit scoring and instant KYC verification.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Digital Lending / Loan Interest Income: Credilab generates revenue through interest income on loans disbursed to borrowers. The platform provides flexible loan options to businesses including microloans and SME financing, with loans ranging from small to large amounts tailored to business needs.
2. Revenue-Share Partnership with V Gallant: Under the exclusive revenue-share arrangement with V Gallant Limited, V Gallant provides AI infrastructure and workflow automation to support Credilab's digital lending operations, with revenue shared tied to platform activity and utilization.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Credilab operates a fully online, branchless digital lending platform that provides microloans and SME financing to Malaysian businesses, freelancers, startups, and micro businesses. The platform combines AI-driven credit scoring, instant eKYC verification, and digital signatures to deliver end-to-end paperless loan processing with approvals in minutes and flexible tenures up to six months, without early repayment penalties.

Product overview

Credilab is a Malaysia-based fintech company operating a single unified digital lending platform as its core product. The platform is built around a multi-step online loan application portal that collects applicant data through eKYC verification, personal/contact/bank/work details, and loan specifications, then routes applications through an AI-driven credit scoring and approval engine before disbursing funds. Borrowers manage their active loans — viewing details, making payments, and tracking repayment progress — through an integrated loan management dashboard. The platform focuses exclusively on microloans and SME financing for Malaysian businesses, operates entirely online without physical branches, and targets loan approvals and disbursements within minutes. The platform's AI infrastructure, including credit scoring and workflow automation, is provided under a revenue-share arrangement by V Gallant Limited, following Credilab's separation from VCI Global via a management buyout completed in early 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Credilab Digital Lending Platform A fully online, branchless digital lending platform enabling Malaysian businesses to apply for microloans and SME financing, receive AI-driven credit assessment and instant eKYC verification, and have approved funds disbursed within minutes. Includes paperless onboarding, digital signature, flexible tenures up to six months, early repayment without penalties, refinancing options, and a user-facing dashboard for loan management and repayment tracking.

Quantifiable outcome

• 40,000+ total active customers
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• V Gallant LimitedcoreStrategic or Co-development Partner · 8 June 2026V Gallant Limited provides AI infrastructure, workflow automation, and operating-system capabilities to support Credilab's digital lending operations under an exclusive revenue-share partnership. The collaboration enables Credilab to leverage V Gallant's AI technology for scalable digital-first lending, with the target of providing loan approval and disbursement in as little as five minutes.
• Management Buyout (Retained 30% Stake)minorOthers · 4 February 2026VCI Global disposed of its fintech subsidiary Credilab through a management buyout at an enterprise valuation of approximately $43.74 million, representing 1.1 times net tangible assets. The transaction was settled through a combination of cash and shares. Upon completion, VCI Global retained a 30% equity interest in Credilab, allowing participation in future value creation while no longer providing ongoing capital support.
• Treasure Global Inc.minorStrategic or Co-development Partner · 20 September 2024Treasure Global Inc. (NASDAQ:TGL) announced a strategic partnership with Credilab on September 20, 2024, aimed at leveraging both companies' expertise and market resources for mutual growth. The partnership was announced alongside changes to Treasure Global's board composition.

Scale indicators8 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Funding Societies: SE Asia's largest digital financing platform for SMEs, offering microloans and working-capital financing across Malaysia, Singapore, Indonesia, and beyond. Directly comparable to Credilab in digital SME lending, regulatory model, and target segment.
• KoinWorks: Indonesia-based digital lending platform providing financing to SMEs and individuals with an AI-driven credit scoring approach. Closely comparable to Credilab in product-led digital lending and AI-led underwriting, albeit focused on Indonesia.
• Lulalend: South African online lender providing working-capital loans to SMBs via a fully digital application and quick-decision process. Comparable to Credilab in its SME-focused, branchless, fast-approval digital lending model.
• Validus: Singapore-headquartered digital financing platform offering SME working-capital loans across SE Asia. Closely comparable to Credilab in serving underserved SMBs with a data-driven, digital-first underwriting approach.

Regional players

• Aspire: SE Asia-focused finance platform providing working capital, credit lines, and business financing to SMBs across Singapore, Hong Kong, and other markets. Comparable to Credilab in SME-targeted digital credit products, though with broader product breadth.
• Modalku (Funding Societies Indonesia): Indonesia-focused arm of Funding Societies providing P2P lending to SMEs. Comparable to Credilab in product-led SME digital lending, but operates in a different geography (Indonesia).
• Atome (APSE): SE Asia-focused digital consumer finance platform offering pay-later and credit products across multiple markets. Comparable to Credilab in its digital-first lending approach and SE Asia presence, though primarily consumer-facing.

Emerging players

• BillEase: Philippines-based buy-now-pay-later and digital lending platform targeting consumers and small businesses. Comparable to Credilab in digital-first credit underwriting and target customer (underserved segments), though BNPL-focused.
• Tala: Global digital lender using alternative data and AI to provide credit to underserved individuals and micro-entrepreneurs. Comparable to Credilab in AI-driven credit scoring and serving underbanked segments.

Broad incumbents

• Kiva: Established global nonprofit microfinance platform enabling crowdfunded loans to micro-entrepreneurs and small businesses. Comparable to Credilab in micro/SME lending focus and digital delivery, though operating under a nonprofit crowdfunding model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Credilab