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VCI Global Partners With Treasure Global Inc. to Accelerate E-Commerce and Fintech Growth in Southeast Asia

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VCI Global Partners With Treasure Global Inc. to Accelerate E-Commerce and Fintech Growth in Southeast Asia

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Nusantaranews, KUALA LUMPUR, Malaysia, June 18, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”), through its subsidiary, Credilab Sdn. Bhd., today unveiled its strategic collaboration with Treasure Global Inc (“TGL”) to enhance TGL’s e-commerce platform, ZCITY App, into an advanced AI-driven Super App (“ZCITY 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 industry-leading 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.

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