TNG Digital to close fundraising by mid-2021

Effendy Shahul Hamid

KUALA LUMPUR: TNG Digital Sdn Bhd, the e-wallet joint venture between CIMB Group Holdings Bhd’s Touch ‘n Go Sdn Bhd and China’s Ant Group, is looking to close its fundraising exercise by mid-2021.

Touch ‘n Go Group chief executive officer Effendy Shahul Hamid said they have gained positive traction from a combination of corporates and private equity funds.