TNG Digital Sdn. Bhd. (‘TNG Digital’), Malaysia’s largest integrated fintech player has launched e-Mas, a gold investment product now available within TNG eWallet. The all-digital gold investment product offers users a secure and convenient way to diversify their investment portfolios.
The launch event, graced by YB Tuan Gobind Singh Deo, Minister of Digital, was a significant milestone for TNG Digital and its collaborator, CIMB Bank Berhad. The Minister’s support underscores the government’s commitment to fostering digital financial inclusivity and innovation.
Alan Ni, Chief Executive Officer of TNG Digital, shared, “With the launch of e-Mas, we are broadening our range of investment products within the TNG eWallet as part of our efforts to spearhead financial empowerment and accessibility for Malaysians. We are extremely honoured that our efforts to democratise the access to digital financial offerings, such as digital gold investment, are supported by the Minister of Digital, YB Tuan Gobind Singh Deo. With e-Mas, we are committed to offering a wide variety of products to cater to the diverse investment risk appetites among our users. Powered by CIMB Bank Berhad as the liquidity provider, users can invest in gold via TNG eWallet, and diversify their investment portfolios with a low entry amount of RM10.”
Chu Kok Wei, Co-CEO, Group Wholesale Banking, CIMB Group said, “At CIMB, we are dedicated to pioneering a digital-centric approach to treasury products. We are pleased to act as the liquidity provider for e-Mas, leveraging on our robust capabilities in risk management and digital treasury solutions. The collaboration with TNG Digital marks a transformative leap forward, which complements our longstanding presence in the wholesale financial market, reflecting our commitment to delivering bespoke financial solutions across diverse client segments.”
e-Mas complements TNG eWallet’s existing investment offerings, providing users with an accessible entry point into gold investment from as low as RM10 with no hidden cost. This new product is designed to offer a superior investment experience with a seamless end-to-end digital journey. Users can monitor gold prices with live updates and manage their investments directly
from the eWallet.
e-Mas represents just one of the many financial services products offered under the investment feature of TNG eWalet, aimed at empowering Malaysians to make better financial decisions. With a comprehensive suite of convenient, secure, and rewarding financial services products, TNG Digital is committed to providing users with the tools they need to manage their finances effectively.
About TNG Digital Sdn Bhd
Established in 2017, TNG Digital, the operator of TNG eWallet, is Malaysia’s largest and leading fintech company, with more than 21 million verified users. We facilitate payments for over 2 million merchants in Malaysia, allow cross-border payments in more than 40 countries, as well as international payments through our partnership with Visa. Our full suite of products also include financial services such as investments, lending and credit, remittances, and insurance.
Our products aim to foster financial inclusion and empower users and merchants alike, both in physical and online payment ecosystems, by facilitating broader financial accessibility. Users can also enjoy the nation’s largest loyalty programme, designed to enrich users’ experiences by rewarding them with redeemable points for exciting perks. For more information, please visit www.touchngo.com.my/ewallet/
