VCI Global Limited through its subsidiary, Credilab Sdn. Bhd., unveiled its strategic collaboration with Treasure Global Inc. to enhance TGL's e-commerce platform, ZCITY App, into an advanced AI-driven Super App. In this strategic partnership, VCIG will leverage TGL's extensive user base of approximately 3 million users, gaining immediate market access to expand its comprehensive suite of financial services.

As fintech assumes a pivotal role in today?s digital economy, its impact on e-commerce is indispensable, offering sophisticated tools and platforms that seamlessly streamline transactions. In this new partnership, Credilab is bringing its cutting-edge proprietary fintech and microfinancing capabilities and leveraging VCIG?s collaboration with Cogia GmbH, offering secured messaging technology, which converges fintech and e-commerce. By incorporating secured messaging, a digital wallet, and AI-driven microfinancing features into TGL?s ZCITY Super App, this integration promises a revolutionary unified platform that elevates every aspect of digital transactions, delivering a seamless, secure, and highly efficient user experience.

This partnership marks a significant advancement towards enhancing financial inclusion across Southeast Asia by leveraging cutting-edge technology to deliver seamless financial services benefiting both companies and their users. The initial phase of this initiative will launch in Malaysia, which has a population of more than 33 million. This strategic decision grants VCI Global swift access to a diverse and dynamic user base, accelerating the Company?s full range of financial services and reinforcing its strategic position in the Southeast Asia fintech and e-commerce landscape.