When was TNG Wallet founded?

TNG Wallet was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Where is TNG Wallet located?

TNG Wallet is headquartered in Hong Kong, China.

Who is the current CEO of TNG Wallet?

Alex Kong of TNG Wallet. They have also founded 2 companies.

How many employees does TNG Wallet have?

As of Jul 01, 2024, the latest employee count at TNG Wallet is 51 - 200.

Is TNG Wallet a funded company?

TNG Wallet is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Sep 11, 2017.

How much is TNG Wallet worth?

The latest valuation of TNG Wallet is $***** as of Sep 11, 2017.

When was the latest funding round of TNG Wallet?

TNG Wallet's latest funding was a $***** Series A round on Sep 11, 2017, with participation from 3 investors.

Where does TNG Wallet rank among its competitors?

TNG Wallet ranks 3rd amongst 7 active competitors, only 1 of which is funded. Pomelo, which secured $35M in Apr, 2024.

Who are the top competitors of TNG Wallet?

TNG Wallet's top competitors include Pomelo, Epay and Tap & Go. Among them, Pomelo secured the most recent funding round in April, 2024.

TNG Wallet - 2026 Company Profile, Team, Funding & Competitors

TNG Wallet is a series A company based in Hong Kong (China), founded in 2013 by Alex Kong. It operates as a NFC-enabled and card-linked wallet for consumers. TNG Wallet has raised $115M in funding from Beijing Lianchuang Yongxuan Investment Management Group, with a current valuation of $*****. The company has 7 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Pomelo, Epay and Tap & Go.

Company Details

NFC-enabled and card-linked wallet for consumers. Users can purchase multiple foreign currencies on the wallet and transfer funds. Users can make online and offline payments at public transport, vending machines, physical /online stores, and mobile apps. Offers membership packs based on transaction limit, store value, and additional features. App is available on iOS and Android devices.

Website: tngwallet.hk
Social
Email ID: *****@tng.asia
Phone Number: +852 **********

Key Metrics

Founded Year

2013

Location

Hong Kong, China

Stage

Series A

Total Funding

$115M in 1 round

Latest Funding Round

Series A, Sep 11, 2017, $*****

Post Money Valuation

$***** as on Sep 11, 2017

Investors

Beijing Lianchuang Yongxuan Investment Management Group & 3 more

Ranked

3^rd among 7 active competitors

Employee Count

51 - 200 as on Jul 01, 2024

Similar Companies

Chipper Cash & 441 more

View TNG Wallet's full profile

TNG Wallet has raised a total funding of $115M over 1 round. Its latest funding round was a Series A round on Sep 11, 2017 for $*****. 3 investors participated in its latest round. TNG Wallet has 4 institutional investors.

Here is the list of recent funding rounds of TNG Wallet:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 11, 2017	9532649	Series A	5071085	1013793	3566626	8752290

Access funding benchmarks and valuations. Sign up today!

View details of TNG Wallet's funding rounds and investors

The founders of TNG Wallet is Alex Kong. Alex Kong is the CEO of TNG Wallet.

Here are the details of TNG Wallet's key team members:

Alex Kong: Co-Founder of TNG Wallet.

View details of TNG Wallet's Founder profiles and Board Members

TNG Wallet's employee count trend

TNG Wallet has 51 - 200 employees as of Jul 24. Here is TNG Wallet's employee count trend over the years:

Uncover TNG Wallet's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of TNG Wallet include Pomelo, Epay and Tap & Go. Here is the list of Top 10 competitors of TNG Wallet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pomelo 2019, San Francisco (United States), Acquired	Online cross-border remittance platform for individuals	$60M	Xfund, Afore Capital & 11 others	66/100
2nd	Epay 2014, Hong Kong (China), Unfunded	Cross-border remittance solution for businesses	-	-	61/100
3rd	TNG Wallet 2013, Hong Kong (China), Series A	NFC-enabled and card-linked wallet for consumers	$115M	Beijing Lianchuang Yongxuan Investment Management Group, Nogle ... & 2 others	55/100
4th	Tap & Go 2014, Hong Kong (China), Unfunded	Mobile wallet for NFC-based payments	-	-	41/100
5th	PhiliPurse 2016, Hong Kong (China), Unfunded	Open wallet with remittance service	-	-	24/100
6th	Taozixiong Fintech 2021, Shenzhen (China), Unfunded	Provider of a digital platform offering virtual credit cards with multiple currency options for cross-border businesses	-	-	24/100
7th	KDPay Hong Kong (China), Unfunded	Wallet solution for cross-border money transfers	-	-	23/100
8th	Shandianshua 2014, Beijing (China), Deadpooled	Provider of data annotation and collection services for AI	-	Unity Ventures, Cloud Angel Fund	19/100
9th	Most Pro International 2018, Hong Kong (China), Deadpooled	Cross-border money transfer platform	-	-	15/100
10th	Venmo 2019, China, Deadpooled	App-based mobile wallet for P2P money transfer	-	-	15/100