TNG Digital

Kuala Lumpur, Malaysia Founded: 1997 • Age: 29 yrs Minicorn
App-based mobile wallet

About TNG Digital

TNG Digital is a Financial Services company based in Kuala Lumpur (Malaysia) founded in 1997. TNG Digital has raised $168.3 million across 2 funding rounds from investors including Lazada and AIA. TNG Digital was last valued at $673.4 million in July 2022. Its chief executive, as recorded, is Alan Ni. Its website tngdigital.com.my draws about 4.1 million monthly visits. Its focus areas include FinTech, Payments, Consumer Payments and Wallets.

Company details

App-based mobile wallet. Its services include online shopping, travel booking, bill payments, money transfer, toll payments, and QR transit. Users can reload the wallet via online banking, credit or debit cards, or purchase Touch n Go Reload PIN (soft pins) at the Customer Experience Centre. It allows users to keep a track of their expenses. The application is available on Android and iOS platforms.

  • Headquarters Kuala Lumpur, Malaysia
  • Stage Minicorn
  • Sectors
    Financial Services
  • Website category Finance · Banking Credit and Lending
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website tngdigital.com.my
  • Social LinkedIn Facebook
Key Metrics
  • Total Equity Funding
    $168.3M (USD)

    in 2 rounds

  • Latest Funding Round
    $168.3M (USD), Series A

    Jul 2022

  • Investors
    Lazada

    & 1 more

Apps and channels of TNG Digital

TNG Digital publishes 1 mobile app with over 10M+ downloads.

Touch 'n Go eWallet
Google Play Finance Everyone Free 10M+ downloads
Developer: TNG Digital Sdn Bhd
View on Google Play

Funding Insights of TNG Digital

TNG Digital has successfully raised a total of $168.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $168.3 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $168.3M
  • Total Rounds 2
  • Last Round Series A β€” $168.3M
  • Investors Count 2

All 2 funding rounds of TNG Digital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022$168.3MSeries A$673.4MLazada
–
Jul 2021Unspecified––
Valuation history
DateValuationStage
Jul 2022$673.4Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $673.4M (Jul 2022). 2 investors in total: 2 institutional.

Investors in TNG Digital

TNG Digital has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lazada and AIA.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Multi-category products are sold via an online marketplace platform.
2012lazada.comSingapore, Singapore
aia.com.my
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Investor details for TNG Digital

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

People of TNG Digital

1 people are tracked at TNG Digital (1 in leadership).

NameRoleGroup
Alan Ni
CEOLeadership
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Complete people profiles for TNG Digital

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Timeline of TNG Digital

4 dated milestones of TNG Digital across 25 years, from founding to its latest funding, stage changes and deals.

  1. Founded TNG Digital is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $168.3M.
  4. Milestone Reaches Minicorn status.

Web traffic of TNG Digital

The website of TNG Digital (tngdigital.com.my) receives about 4.1M visits a month and ranks #13,290 among all websites worldwide, #868 in Banking Credit and Lending.

  • Monthly visits
    4.1M

    ▼ 11.7% vs previous month

  • Unique visitors
    1.7M

    per month

  • Global rank
    #13,290

    among all websites

  • Category rank
    #868

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with TNG Digital. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
touchngo.com.my
100%
955.5K#32,473View details
onlinepayment.com.my
onlinepayment.com.my
75%
#38,425–
mydata-ssm.com.my
74%
680.7K#130,394View details
mytnb.com.my
74%
#34,368View details
ktmb.com.my
74%
#21,408View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Tng Digital

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Frequently Asked Questions about TNG Digital

TNG Digital was founded in 1997 and raised its 1st funding round 24 years after it was founded.

TNG Digital is headquartered in Kuala Lumpur, Malaysia.

Alan Ni is the CEO of TNG Digital, as recorded in our data.

TNG Digital is a funded company, having raised a total of $168.3M across 2 funding rounds to date.

App-based mobile wallet. Its services include online shopping, travel booking, bill payments, money transfer, toll payments, and QR transit. Users can reload the wallet via online banking, credit or debit cards, or purchase Touch n Go Reload PIN (soft pins) at the Customer Experience Centre. It allows users to keep a track of their expenses. The application is available on Android and iOS platforms.

TNG Digital has 2 investors. Key investors include Lazada, and AIA.

The valuation of TNG Digital is $673.4M as of Jul 2022.

Yes. TNG Digital publishes Touch 'n Go eWallet, with over 10 million downloads.

The website of TNG Digital receives about 4.1 million visits a month and ranks #13,290 among all websites worldwide.

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