Tag "TNG Digital"

AIA Malaysia Takes a Minority Stake in TNG Digital, Reportedly Valuing It at RM3 Billion

AIA Malaysia announced that it will be taking a minor stake in TNG Digital, the owner of Touch ‘n Go eWallet, as part of a long-term strategic partnership. The Edge reported that this move will make AIA the fourth shareholder

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Here Are All The Digital Banking Contenders in Malaysia (So Far)

Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th July 2021 to include new developments.   With the deadline for Malaysia’s digital banking license application being less than a day away,

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Touch ‘n Go First E-Wallet to be Approved by SC to Offer Investment Products

Touch ‘n Go (TNG) Group’s subsidiary TNG Digital Sdn Bhd (TNGD), has emerged as the first e-wallet to be granted a conditional approval to operate as a Recognised Market Operator (RMO) by the Securities Commission of Malaysia (SC). TNG said

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5 Fastest Growing Fintechs in Malaysia According to IDC

IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing fintechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. IDC’s FinTech Fast 101 research refers to fast-growing fintech players

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BNM Greenlights TNG Digital: Touch ‘n Go and AliPay’s Joint Venture

TNG Digital Sdn Berhad a new entity jointly formed by CIMB Bank’s subsidiarity, Touch ‘n Go and Alipay has received green light from Bank Negara Malaysia. The new entity will consist of Touch ‘n Go’ as the majority shareholder and

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