Healthcare Triangle Jumps 68% After Hours on TNG eWallet Partnership
Healthcare Triangle shares jumped 67.99% after-hours to $9.76 following its subsidiary QuantumNexis announcing integration of its Ziloy mental health platform into TNG eWallet, which has over 25 million users and 2 million merchant touchpoints in Malaysia. The transaction-based deal is projected to generate six-figure revenue in Malaysia within two quarters.
1. QuantumNexis Integration with TNG eWallet
Healthcare Triangle’s subsidiary QuantumNexis will embed the Ziloy mental health platform directly within TNG eWallet, Malaysia’s leading fintech app serving over 25 million users and more than 2 million merchants. The integration offers in-app mental wellness tools, single sign-on access and seamless payments without requiring a separate application.
2. Expected Revenue and Business Model
The partnership operates on a transaction-based revenue model that targets digitally active professionals and younger adults managing stress, sleep and anxiety. The company projects this deal will generate six-figure revenue in Malaysia within two quarters, providing a new growth avenue outside its core U.S. operations.
3. Stock Reaction and Valuation Context
Shares climbed 67.99% in after-hours trading to $9.76 on the news, temporarily lifting the microcap’s market valuation to about $4.48 million. Despite the spike, Healthcare Triangle shares remain down roughly 99.9% over the past year with an RSI near 18, indicating the stock sits near its annual low and faces continued volatility.