23rd September 2026 - 4 min read
You’re probably used to opening the TNG eWallet to pay for something. TNG now wants you to invest and borrow in the same app too, through its financial services hub, GOfinance.
GOfinance reached 8.5 million users as of 31 August 2026, about 22% more than a year earlier. More than 4 million people use it every month, and close to 46% of GOfinance users have more than one financial product.
TNG eWallet has more than 27 million verified users, so GOfinance’s 8.5 million users make up nearly one in three of them. The 27 million includes every account ever verified, whether it’s still used or not.
At a June 2026 briefing, TNG said 13.5 million people use the app monthly. Set against GOfinance’s 4 million monthly users, that means almost 3 in 10 people who open TNG eWallet in a month also use GOfinance that month.
In 2021, payments made up 75% of TNG Digital’s revenue, when the company was known for toll, parking and payments services. By 2025, payments were down to 49%. Cross-border and remittance services, which brought in almost nothing in 2021, now make up about 10% of revenue. Toll and parking made up less than 3% in 2025.
TNG Digital also recorded its first full-year profit after tax in 2025, RM103.23 million on revenue of RM707.28 million. Lending is still a small part of that. TNG Digital told The Edge its lending business is at an early stage and makes up 3% to 4% of total revenue.
TNG runs GOfinance, but the products inside it come from separate financial institutions, each with its own terms and protections.
GO+ puts your balance into Principal e-Cash, a Shariah-compliant money market fund managed by Principal Asset Management. It’s classed as an investment product, so it isn’t protected by PIDM. CashLoan offers personal loans from Alliance Bank, CIMB and GX Bank, and GOprotect sells insurance and takaful from several providers.
The hub also covers other investments such as gold and ASNB, overseas remittance, credit reports and the TNG eWallet Visa Card.
Having GOfinance in the app means you can borrow or invest without downloading anything new.
Inside the app, you only see offers from TNG’s partners. When you look for a loan yourself, you’d usually compare a few banks first. In CashLoan, the app shows you the loan offer that best matches the amount and tenure you ask for, so it’s easy to skip comparing.
CashLoan partners with Alliance Bank, CIMB, and GX Bank. To see your interest rate, you must first pass an eligibility check in the app.
For comparison, direct loan rates on RinggitPlus start from 3.78% p.a. for GX FlexiCredit and 4.99% p.a. for Alliance CashFirst. CIMB Cash Plus starts from 4.38% p.a. However, CashLoan offers a different CIMB loan called CIMB e-Zi Tunai, which had higher rates (6.88% to 24% p.a. in 2025). Keep in mind that these are only starting rates. Your actual rate depends on your income and credit history, so compare CashLoan’s offer with the bank’s direct offer before applying.
Savings work the same way. GO+ shows returns of up to 3.2% p.a., but that rate isn’t guaranteed and GO+ isn’t protected by PIDM. On our 12-month fixed deposit page, the best board rate for most savers is 2.55% p.a. with Alliance FD Gold, or 2.80% p.a. with BSN if you’re 55 or older. Both are fixed and protected by PIDM, though your money stays locked in for the year.
On RM10,000 over a year, GO+ at 3.2% would earn about RM320 if the rate held. The same amount at 2.55% earns RM255, fixed. That’s about RM65 more with GO+, in exchange for a return that can fall and no PIDM protection. Banks also run promotional FD rates from time to time, and these can be higher than both.
So before you take a loan or put your savings through GOfinance, check the same products on our personal loan and fixed deposit comparison pages.
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*Rates in this article were checked on 23 September 2026 and can change.
Iman writes about personal finance with curiosity. She is interested in the stories behind money, the hesitation around big decisions, and the small habits that shape financial futures. Off the clock, she is either dissecting a film or climbing her way up the leaderboard in her favourite games.
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