TNG FinTech

TNG FinTech is an amalgamation of leaders who are realising the opportunities to improve the lives of the unbanked billions in the region by empowering them with convenient, mobile and globally-enabled financial capabilities.

TNG FinTech provides electronic payments, global remittance, global cash withdrawal and settlement, wealth management and more.

TNG FinTech was founded in 2012 by Alex Kong. The company is based in Hong Kong.

 

TNG's “Global E-Wallet Alliance” currently covers Hong Kong and 12 Asian countries, including China, The Philippines, Indonesia, Singapore, Malaysia, Thailand, Vietnam, India, Sri Lanka, Bangladesh, Nepal and Pakistan, which provides 24×7 cash-in and cash-out services to its users through a network of 852 banks and over 183,000 cash pick-up points globally.

 

TNG FinTech is the only financial services enabler for the 1.2 billion unbanked Pan-Asian population across Hong Kong and 12 countries.

 

TNG FinTech is backed by NewMargin Ventures, Nogle Group and Infinity-KBR Group. The company has acquired WalletKu on Oct 22, 2018.

 

 

  • Year founded: 2012
  • Funding Info: $204.3M over 5 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: $10M-$20M (2018)
  • Employee Size: 51-200
  • Business Valuation: Valued at US$565M as of Oct 22, 2018
  • City/Town: Hong Kong
  • State: Hong Kong Island
  • Country: Hong Kong
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