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Alex Kong, Founder of Newly Licensed TNG Wallet,

Named CEO of the Year


Hong Kong, 5 September, 2016 TNG Wallet (TNG), Hong Kongs Number 1 e-wallet1,
which recently secured the coveted Stored Value Facilities Licence from the Hong Kong
Monetary Authority last week, announced today that its founder and CEO, Mr. Alex Kong,
has been named CEO of the Year by Capital CEO Magazine.
Cited for his achievements in financial technology (FinTech), Mr. Kong received the award
at the 12th anniversary dinner of the Hong Kong-based publication. The award honours Clevel management for their achievements and contributions. Candidates are selected based
on their vision and leadership, global competitiveness, business innovation, and corporate
social responsibility.
Under Mr. Kongs leadership, TNG has gained acceptance by many in the tech industry as a
true e-wallet which can be operated totally independent of a users bank or credit card
account. Users can store prepaid value for online and offline purchases, pay bills, send
money to other TNG users, transfer money to any bank account in Hong Kong and make
cash withdrawals 365 days a year with just a few taps on the mobile phone.
Since its launching in Hong Kong in November 2015 TNG has recruited more than 370,000
users, underscoring its popularity and success. Founded by Mr. Kong in 2013, TNG has also
been appointed as the sole e-ticketing platform for major events such as the Hong Kong Book
Fair 2016 and the Hong Kong Food Expo 2016.
TNGs other accolades include the top prize in Finnovasia 2016 Startup Battle and the Gold
Award (Emerging Internet Finance Company Category) in the Hong Kong Internet Finance
Awards 2016. Mr. Kong also secured TNG places in the Cyberport Incubation Programme
and Accenture FinTech Innovation Lab Asia Pacific Programme.

Mr. Kong said: I am grateful and honoured to receive this prestigious award which
recognises the efforts of the TNG team to transform the e-payment sector. The award will
serve as a catalyst for our mission to develop a secure, world-class mobile e-payment
ecosystem and facilitate the seamless migration to the cashless and cardless digital lifestyle
for the region.

Photo Caption: Mr. Alex Kong (left), the Founder & CEO of TNG attended the awarding ceremony on 2
September 2016

*****End of Release*****
Issued on behalf of the Company by WeR1 Communications Limited:
Media & Investor Contact Information
WeR1 Communications Limited
Ms. Betty Dong
E: betty@wer1.net
T: +852 2159 5052
M: +852 9666 8657
F: +852 2866 0454

TNG (Asia) Limited


Ms. Karina Poon
E: pr@tng.asia
T: +852 3951 6255
M: +852 9709 4691
F: +852 3590 5605

About TNG
TNG is The Next Generation e-wallet which revolutionises the way consumers shop and pay.
Its cutting-edge online-to-offline (O2O) mobile suite of integrated electronic payment
functions includes payment for purchases, fulfillment, person-to-person (P2P) and person-tomerchant (P2M) money transfer, bill payment, cash withdrawal, bank transfer, e-coupon and
e-ticketing, and virtual membership functionalities.
TNG users enjoy a diverse range of benefits, including virtual membership cards for individual
consumers and a free customer relationship management (CRM) platform for merchants.
TNG consumers can top up their e-wallets at ATMs, convenience stores, through credit cards
and online banking services to enjoy a cashless and cardless shopping life; while TNG
merchants are entitled to non-cash, low-cost transactions, as well as same-day and next-day
settlement. TNG's fast growing merchant roster spans sectors such as food and beverage,
public transportation, retail and more.
Founded in 2013, TNG is incorporated in Hong Kong, where it is currently the leading e-wallet
solution. It intends expand to over a dozen Asian countries by the end of 2016. In August
2016 it received the Stored Value Facilities Licence (SVF003) from the Hong Kong Monetary
Authority (HKMA).
For more information, please visit our website at https://tng.asia/