VCI Global Limited's fintech subsidiary, Credilab Sdn Bhd, has achieved a significant milestone by securing conditional approval for a digital moneylending license from Malaysia's Ministry of Local Government Development. This approval enables Credilab to offer fully automated, end-to-end digital loans across Malaysia, including microloans and SME financing, with loan approvals and disbursements completed in as little as two minutes. The platform is designed to operate without physical branches, allowing for nationwide scalability with minimal overhead. Utilizing AI-driven credit scoring and instant Know Your Customer verification, borrowers can access capital in real time using just a smartphone. The recent approval is expected to further enhance financial inclusion and economic resilience in the region, aligning with Credilab's mission to democratize access to fast, AI-driven financing across Southeast Asia.