Malaysia's TNG Digital secures $168m in Lazada-led funding round

Nation's largest e-wallet company is looking to expand

20220726 touch'n go

TNG Digital operates Malaysia’s largest e-wallet company, Touch 'n Go. (Screenshot from Touch 'n Go Facebook page)

QUYNH NGUYEN, DealStreetAsia

HANOI -- Malaysia's Touch 'n Go Group says TNG Digital has raised 750 million ringgit ($168.3 million) from its latest round of funding, led by e-commerce giant Lazada Group.

TNG Digital owns and operates Touch 'n Go eWallet, Malaysia's largest e-wallet company.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.