Malaysia’s TNG eWallet raises $168M funding led by Lazada

Touch ‘n Go Group announced that TNG Digital Sdn Bhd, the owner and operator of Malaysia’s largest eWallet company Touch ‘n Go eWallet, has raised $168.39 million from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada Group and a follow-on investment by TNG Digital’s current shareholder and parent company Touch ‘n Go Sdn. Bhd.