TNG Digital

TNG Digital is a Malaysian e-wallet service provider that aims to revolutionize urban mobility with its versatile digital wallet and online payment platform. Launched in 2017, the company has quickly gained traction, offering a wide range of services designed for urban dwellers. Users can make payments at over 280,000 merchant touch points, pay for tolls, street parking, and rides on e-hailing and car-sharing apps or taxis via RFID or PayDirect. Additionally, the digital wallet facilitates bill payments, mobile prepaid top-ups, e-commerce purchases, food deliveries, peer-to-peer money transfers, and even car insurance renewals. The latest MYR750.00M Venture Round investment in July 25, 2022 saw participation from Lazada Group and Touch n Go. This influx of capital is a testament to the company's potential in the finance, fintech, and payments sectors. TNG Digital's vision to empower seamless urban mobility aligns with the growing demand for digital financial solutions in rapidly evolving urban landscapes, making it an intriguing prospect for venture capitalists seeking exposure to the fintech and urban mobility space.