Tagged: tng digital

Touch ‘n Go Group and Principal Asset Management Introduce Shariah-Compliant E-Cash Fund in Malaysia

Touch ‘n Go Group (TNG) and Principal Asset Management revealed on August 18, 2021 that they’re introducing the Principal e-Cash Fund, which is the underlying fund for Touch ‘n Go’s GO+. This product is now Shariah-compliant, the update confirmed. TNG’s management noted that this makes… Read More

AIA Malaysia to Acquire Minority Stake in TNG Digital, Owner of Touch n’ Go Digital Wallet

AIA Malaysia reveals that it will be acquiring a minority stake in TNG Digital, which is the owner of Touch ‘n Go digital wallet. This deal will reportedly be a key part of a long-term strategic partnership. The Edge reported that this transaction should make… Read More

Ant Group and CIMB Owned Online Wallet Provider TNG Digital Is Reportedly Planning to Secure $150M to Support Expansion Efforts

TNG Digital, the digital wallet provider that was launched via a joint initiative between CIMB Bank and China’s Ant Financial (now Ant Group), is reportedly planning to secure $150 million in capital according to a recent report from Reuters. The Malaysian digital wallet operator, owned… Read More

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