TNG Digital Sdn. Bhd. (TNG Digital”), Malaysia’s largest integrated fintech player, has launched e-Mas, a gold investment product now available within TNG eWallet, offering users a secure and convenient way to diversify their investment portfolios.
The launch event, graced by YB Tuan Gobind Singh Deo, Minister of Digital, marked a significant milestone for TNG Digital and its collaborator, CIMB Bank Berhad, highlighting the government’s commitment to fostering digital financial inclusivity and innovation.
Alan Ni, Chief Executive Officer of TNG Digital, emphasized the importance of broadening their range of investment products within TNG eWallet, aiming to democratize access to digital financial offerings such as digital gold investment, with support from YB Tuan Gobind Singh Deo. Powered by CIMB Bank Berhad as the liquidity provider, users can invest in gold via TNG eWallet and diversify their investment portfolios starting from a low entry amount of RM10.
Chu Kok Wei, Co-CEO of Group Wholesale Banking at CIMB Group, highlighted their dedication to pioneering a digital-centric approach to treasury products, acting as the liquidity provider for e-Mas, and leveraging their capabilities in risk management and digital treasury solutions. The collaboration with TNG Digital reflects CIMB’s commitment to delivering bespoke financial solutions and marks a transformative leap forward in the wholesale financial market.
e-Mas complements TNG Wallet’s existing investment offerings, providing users with an accessible entry point into gold investment from as low as RM10, without hidden costs, designed to offer a superior investment experience through a seamless end-to-end digital journey where users can monitor gold prices with live updates and manage their investments directly from the eWallet.
e-Mas represents just one of the many financial services products offered under the investment feature of TNG eWalet, aimed at empowering Malaysians to make better financial decisions. With a comprehensive suite of convenient, secure, and rewarding financial services products, TNG Digital is committed to providing users with the tools they need to manage their finances effectively.