TNG Fintech's Expansion and Acquisition Plans

TNG Fintech, a Hong Kong-based digital wallet operator founded in 2013, aims to provide financial services to the unbanked population worldwide. With over two billion people lacking bank accounts, TNG addresses this issue by transforming convenience stores and other locations into branchless banking points. Since launching in 2015, TNG has experienced significant growth, with transaction volumes exceeding $100 million and a 50% monthly compounded growth rate. The company aspires to become the largest virtual bank in the Asia Pacific region, offering 24-hour cash services at over 183,000 locations across 13 countries.

Describe how TNG Fintech Group is transforming traditional shops.

What is the significance of the 711 locations mentioned in the text?