TNG Digital Sdn Bhd has launched e-Mas, a gold investment product within the TNG e-wallet that offers users a secure and convenient way for Malaysians to invest in digital gold easily from the e-Wallet app.
With e-Mas, TNG e-wallet users can start buying gold from as little as RM10. Users can monitor the daily gold prices from the same app, and buy and sell their gold using their e-wallet balance.
“With the launch of e-Mas, we are broadening our range of investment products within the TNG e-wallet as part of our efforts to spearhead financial empowerment and accessibility for Malaysians,” said TNG Digital CEO Alan Ni.
“With e-Mas we are committed to offering a wide variety of products to cater to the diverse investment risk appetites among our users.
“Powered by CIMB Bank Berhad as the liquidity provider, users can invest in gold via the TNG e-wallet and diversify their investment portfolios with a low entry amount of RM10.”
Meanwhile, CIMB Group’s group wholesale banking co-CEO Chu Kok Wei said the collaboration with TNG Digital makes a transformative leap forward which complements CIMB’s longstanding presence in the wholesale financial market.
“At CIMB, we are dedicated to pioneering a digital-centric approach to treasury products. We are pleased to act as the liquidity provider for e-Mas, leveraging on our robust capabilities in risk management and digital treasury solutions,” he added.
e-Mas complements TNG e-wallet’s existing investment offerings, providing users with an accessible entry point into gold investment from as low as RM10 with no hidden cost.
e-Mas represents just one of the many financial services products offered under the investment feature of TNG e-wallet, aimed at empowering Malaysians to make better financial decisions. – July 3, 2024
