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TNG wallet is a digital wallet that enables users to make bill payments and conduct peer-to-peer money transfer via their mobile phones. Users can make payments for public utilities and to merchants, both in-store and online. The company works as a subsidiary of TNG Fintech Group.
PRODUCTS & SERVICES
The mobile app allows users to transfer their monney to more than 14 countires outside HongKong through their mobile app.
The company offering a next generation e-wallet platform with numerous innovative functions such as payment, person-to-person (P2P) money transfer, global remittance, and global cash withdrawal. (Sep. 2017)
VALUATION / MARKET CAP:
$565 M in 2017
The company's plan is to launch it's e-wallet services in Singapore, the Philippines, Indonesia, Malaysia and also seeking to further extend its market presence to Europe, and beyond. (Sep. 2017)
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
The company will use the funds to support it's global expansion strategy, to fund new acquisitions and to invest in new technologies such as Blockchain Technology, Artificial Intelligence (AI), ChatBot and e-KYC platform. (Sep. 2017)
SERIES A · $115 M · Sep 2017
SERIES D · $30 M · Aug 2018
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