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TNG Digital

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Aims to combine innovative solutions with cutting-edge technology to revolutionize e-payments and enhance urban mobility

Kuala Lumpur, MalaysiaFounded 2017Fintech
Valuation $500M–1B Last recorded · 2025
Headcount 1–2k Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for TNG Digital and the history behind them.

About TNG Digital

TNG Digital Sdn Bhd is a Malaysian-based fintech company that operates the Touch 'n Go eWallet, a digital payment platform. The company was founded in 2017 as a joint venture between Touch 'n Go Sdn Bhd and Ant Group, the parent company of Alipay.

The Touch 'n Go eWallet allows users to make cashless payments for a variety of services, including retail purchases, bills, and transportation. The platform also offers financial services such as investments and insurance. TNG Digital's primary market is Malaysia, where it serves a broad consumer base. The company's business model is based on transaction fees and commissions from its financial service offerings.

In a recent development, TNG Digital has collaborated with Bursa Malaysia and Affin Hwang Investment Bank to introduce an equities market trading feature within the TNG eWallet. This initiative, known as e-Trade, aims to make stock market investing more accessible to a wider audience by providing a seamless and convenient platform for trading.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Kuala Lumpur, Malaysia
Employees
1,398
Open positions
99
Dealroom signal
64.3/100
Industry
Fintech
Sub-industry
Payments
Sector
Fintech, Rumoured $1B, Digital Wallet
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing May 2025 $60M $840M MUFG Innovation Partners ↗
LATE VCOther financing Jul 2022 $168M $673M Lazada · Touch 'n Go ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

TNG Digital website traffic

Latest recorded traffic for TNG Digital is 5.8M monthly website visits, up 18.4% over the last three months. TNG Digital's team grew 0.4% over the past year.

Latest monthly visits5.8M 3-month web change+18.4% 1-year team growth+0.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later7 investors entered at this stage

  • Ant Group | Alipay
  • CIMB
  • Bow Wave Capital Management
  • AIA Company
  • Lazada
  • Touch 'n Go
  • MUFG Innovation Partners
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇲🇾 Malaysia · Kuala Lumpur HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about TNG Digital on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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