Touch ‘n Go launches first digital microlending, GOpinjam

Digital initiative: (From left) Touch ‘n Go eWallet CEO Alan Ni, Effendy, Tengku Zafrul, CIMB Group chairman Datuk Mohd Nasir Ahmad and CIMB Group CEO Datuk Abdul Rahman Ahmad at the launch of GOpinjam in Kuala Lumpur.

TOUCH ‘n Go (TnG) Group targets to disburse around RM300mil this year after launching of GOpinjam, an inclusive digital personal loan proposition available in TnG eWallet and delivered 100% electronically.

GOpinjam is developed in partnership with CIMB Bank Bhd which offers personal loans as low as RM100 to a maximum of RM10,000 for Malaysians aged between 21 and 63 years of age.