VCI Global Disposes of Fintech Subsidiary Credilab for $43.74 Million, Accelerates AI-Native Capital Platform Strategy

VCI Global is disposing of its fintech subsidiary, Credilab, through a management buyout valued at $43.74 million. The transaction is part of the company's strategic restructuring and focuses on its AI-Native capital platform strategy. Credilab operates in a capital-intensive fintech lending environment, which is no longer aligned with VCI Global's priorities. The disposal will enable the company to redeploy capital to scalable, AI-driven platforms and enhance return on invested capital.