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

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

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

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.

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