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TNG Digital logo — Empowering seamless urban mobility with a versatile digital...

TNG Digital

Empowering seamless urban mobility with a versatile digital wallet for effortless payments and comprehensive financial management.

Founded 2017 501-1000 employees Venture round Total: $825.00M Finance, Fintech +1

General Information

Company Name TNG Digital
Founded Year 2017
Founders / Decision Makers
Team member Team member
Employees 501-1000
Industries Finance, Fintech, Payments
Funding Stage Venture round
Social

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About 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.

Business keywords: e-wallet, digital wallet, online payments, urban mobility, QR codes, RFID, mobile payments, payment solutions, financial management, peer-to-peer transfers, car insurance, ticketing, Malaysia

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Venture Round MYR750.00M 2
Lazada Group, Touch n Go
25 Jul 2022
Venture Round $75.00M 2
AIA Group Bow Wave Capital Management
AIA Group, Bow Wave Capital Management
26 Jul 2021

Latest News

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ShopBack Cashback Now Available Through TNG eWallet — Fintechnews.my
ShopBack Cashback Now Available Through TNG eWallet
Fintechnews.my May 22, 2025

TNG Digital Alternatives & Competitors

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TNG Digital vs
REVSTO
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TNG Digital vs
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Momo

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FAQ About TNG Digital

Empowering seamless urban mobility with a versatile digital wallet for effortless payments and comprehensive financial management.
TNG Digital was founded in 2017.
TNG Digital operates in Finance, Fintech and Payments. Its work centres on e-wallet, digital wallet, online payments and urban mobility.
TNG Digital has approximately 501-1000 employees.
TNG Digital has completed 2 funding rounds, raising a total of $825.00M. The latest funding stage is Venture round.
Top alternatives and competitors to TNG Digital include REVSTO, Momo, Lydia, Yativo Global, stc pay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TNG Digital and REVSTO are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TNG Digital, https://bouncewatch.com/company/tng-digital, updated 20 December 2024. When citing, please name BounceWatch and link this page.

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