TNG Digital and CIMB Bank Introduce Seamless Digital Gold Investment

TNG Digital Sdn. Bhd. (TNG Digital), Malaysia’s largest integrated fintech player, has introduced e-Mas, a gold investment product available within the TNG eWallet. This all-digital gold investment product provides users with a secure and convenient way to diversify their investment portfolios.

The launch event, attended by YB Tuan Gobind Singh Deo, Minister of Digital, marked a significant milestone for TNG Digital and its partner, CIMB Bank Berhad. The Minister’s presence highlights the government’s commitment to promoting digital financial inclusivity and innovation.

Alan Ni, Chief Executive Officer of TNG Digital, stated, “With the launch of e-Mas, we are expanding our range of investment products within the TNG eWallet, aiming to enhance financial empowerment and accessibility for Malaysians. We are honoured by the support from the Minister of Digital, YB Tuan Gobind Singh Deo, in our efforts to democratise digital financial offerings, such as digital gold investment. e-Mas allows users to invest in gold via TNG eWallet, with a low entry amount of RM10, offering a variety of products to suit different investment risk appetites.”

Chu Kok Wei, Co-CEO of Group Wholesale Banking at CIMB Group, commented, “At CIMB, we are committed to pioneering a digital-centric approach to treasury products. As the liquidity provider for e-Mas, we leverage our strong capabilities in risk management and digital treasury solutions. Our collaboration with TNG Digital represents a significant step forward, complementing our long-standing presence in the wholesale financial market and demonstrating our dedication to providing tailored financial solutions across various client segments.”

e-Mas enhances TNG Wallet’s existing investment offerings, enabling users to start gold investment from as low as RM10 with no hidden costs. Designed to provide a superior investment experience, it features 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.