TechFlow news, according to Fintechnews, Malaysian digital wallet Touch 'n Go eWallet operator TNG Digital has announced the completion of a RM750 million (approximately USD 168 million) funding round led by Lazada and Touch'n Go.
TNG Digital, jointly established by Touch'n Go and Ant Group, has successfully raised a total of RM1 billion (approximately USD 224 million) over the past 18 months, aiming to further strengthen its market leadership in e-commerce, digital finance, and payments across Southeast Asia. TNG Digital has previously used cryptocurrency to reduce risks and delays.
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