GOfinance tops 5mil users, processes RM3.57bil

KUALA LUMPUR: TNG Digital Sdn Bhd's GOfinance platform has attracted more than five million distinct users, with total investment value processed reaching RM3.57 billion as of Sept 30.

The financial services hub, available through TNG eWallet, offers wealth products including money market funds, Amanah Saham, unit trusts, retirement solutions, digital gold and local and global shares.

Selected investment products are available from RM10, allowing users to start investing with smaller amounts while exploring options based on their financial goals and risk appetite.

TNG Digital chief financial services officer Desmond Teoh said accessibility involved more than lowering the minimum investment amount, as users also needed convenient access to different investment options.

"We recognise that trust matters when people make decisions about their money. Our aim is to give users a practical starting point and access to options as their financial needs change," he said in a statement.

It said more than 4.7 million users had invested in GO+, while over 700,000 had traded digital gold through e-Mas.

TNG Digital clarified that the overall figure of more than five million represented distinct users, including those who had accessed multiple wealth products.

The company operates through an open-platform model, bringing together its user base with established and regulated financial institutions and specialist partners to expand access to investment products.

Its partnerships, including a recent collaboration with Webull, have broadened the range of wealth products available through TNG eWallet, including local and global shares.