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. The all-digital gold investment product offers 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. The Minister’s support underscores the government’s commitment to fostering digital financial inclusivity and innovation.
Alan Ni, Chief Executive Officer of TNG Digital, expressed, ‘With the launch of e-Mas, we are broadening our range of investment products within the TNG eWallet as part of our efforts to spearhead financial empowerment and accessibility for Malaysians.’ He added, ‘We are extremely honored that our efforts to democratize access to digital financial offerings, such as digital gold investment, are supported by the Minister of Digital, 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 with a low entry amount of RM10.
Chu Kok Wei, Co-CEO of Group Wholesale Banking at CIMB Group, emphasized, “At CIMB, we are dedicated to pioneering a digital-centric approach to treasury products.” He continued, “We are pleased to act as the liquidity provider for e-Mas, leveraging our robust capabilities in risk management and digital treasury solutions.” The collaboration with TNG Digital marks a transformative leap forward, complementing CIMB’s longstanding presence in the wholesale financial market and reflecting their commitment to delivering bespoke financial solutions across diverse client segments.
e-Mas complements TNG Wallet’s existing investment offerings, providing users with an accessible entry point into gold investment from as low as RM10 with no hidden costs. This new product is designed to offer a superior investment experience with a seamless end-to-end digital journey, allowing users to 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.
