Disrupting the status quo of financial services

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THE Touch ‘n Go eWallet is the market leader in Malaysia with more than 15 million registered users and it has since set clear views on moving its infrastructure up a notch. TNG Digital Sdn Bhd, the company running eWallet, aims to disrupt the status quo by bringing financially inclusive and digitally available financial services to the market.

The company has been granted conditional approval to operate as a recognised market operator (RMO) by the Securities Commission, making it the first e-wallet to secure the approval. Effendy Shahul Hamid, the group chief executive officer of parent company Touch ‘n Go Sdn Bhd, says it will launch a product in the first quarter of this year that will allow eWallet users to invest from as low as RM10.

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