Touch ‘n Go eWallet

Touch ‘n Go eWallet is Malaysia’s most popular e-wallet, it was formed as a joint venture between Touch ‘n Go Group and Ant Group.

It claims to have over 20 million verified e-wallet users and over 2 million merchants across Malaysia.

The company was a winner of “Fintech of the Year” of Fintech News Malaysia’s inaugural Fintech Frontiers Awards.

Touch ‘n Go e-Wallet Key Features

Key product features within the app include QR Payments, P2p Payments, Bill Payments, Cross Border Payments (GoRemit), Insurance (GOProtect), Lending(GoPinjam), Investing (GOInvest)

Touch ‘n Go e-Wallet Licenses

Touch ‘n Go eWallet holds several licenses under the following registered entities

TNG Digital Sdn Bhd – Merchant Acquiring Services (BNM)

Touch ‘n Go Sdn Bhd – E-Money Issuer (BNM)

TNG Digital Remittance Sdn. Bhd – Money Services Business

TNG Digital Sdn Bhd – Registered Market Operator, E-Services (SC Malaysia)

Touch ‘n Go e-Wallet  Funding

US$ 243.3 million

Key Investors: Lazada Group, Touch ‘n Go, AIA Group, Bow Wave Capital, Ant Group