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About Tonik
https://www.tonikbank.com/About Tonik
Tonik is the first digital-only neobank in the Philippines, providing loan, deposit, and payment products to consumers on a highly secure digital banking platform. The neobank operates based on the first digital bank license issued by the Bangko Sentral ng Pilipinas (BSP).
Tonik is led by a team of retail finance veterans who have previously built and scaled multiple retail banks and fintechs across global emerging markets. It is backed by top international investors, including Sequoia India, Point72 Ventures, and Mizuho Bank. Tonik’s tech stack is integrated in partnership with world-class banktech vendors including Mastercard, Finastra, Amazon Web Services, Google, Genesys and Daon. Tonik operates out of hubs in Singapore (HQ), Manila, and Chennai.
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Tonik Raises US$12m Pre-Series C to Scale Capital-Efficient Lending in the Philippines
December 10 2025
Tonik Financial the Philippines' first licensed digital-only bank, has raised US$12 million in Pre-Series C financing
Leading the Way: Tonik Becomes First Digital Bank to Implement PhilSys ID Verification
August 29 2025
The Philippine Identification System (PhilSys) is the government’s unified national ID program, designed to provide a single, secure, and standardized ID for all Filipinos. By creating a central database of verified identities, PhilSys aims to streamline access to government and financial services, reduce barriers to digital transactions, and advance financial inclusion across the country.
Tonik Appoints Digital Lending Veteran Mike Singh as President of Tendo
July 4 2025
Tonik announced the appointment of fintech veteran Mike Singh as President of Tendo
Tonik Achieves Record Growth and Innovation Milestones With Finastra's Essence Software
May 8 2025
Tonik continues to set new benchmarks in digital banking with rapid growth and groundbreaking customer experience enhancements — powered by Finastra's Essence core banking solution.
Tonik Bank Is Now in Cebu
August 7 2024
The Philippines’ trailblazing digital bank, Tonik, announces its expansion to Cebu, bringing its full suite […]
Gupshup Collaborates With Philippines' Leading Neobank Tonik, Offers Generative AI Chatbot to Bring Innovation in Digital Banking
July 3 2024
Gupshup, the world’s leading Conversation Cloud has announced its partnership with Tonik Bank, the first […]
Tonik Powers Up With GenAI to Boost Growth
May 29 2024
Pioneering Philippine digital bank Tonik continues to highlight its innovative edge by becoming the first […]
Tonik introduces joint savings for couples: The 'Luv Stash'
February 19 2024
Love is in the air as Tonik Digital Bank (Tonik), the pioneering digital bank in […]
Tonik Partners With Xendit to Extend Payment Options
February 14 2024
Tonik Digital Bank (Tonik) announces its newest strategic collaboration with prominent Southeast Asian payment gateway, […]
Tonik Country President Long Pineda retires, replaced by Group CEO Greg Krasnov
January 19 2024
Tonik Digital Bank Inc. (TDB), the pioneering digital bank in the Philippines, today announced a […]
Tonik enters SME lending
January 16 2024
Tonik Digital Bank (Tonik), the Philippines’ first digital-only neobank, leveled up its Big Loan catering […]
Tonik Introduces Insurance
October 17 2023
Tonik, the trailblazing digital bank in the Philippines, is thrilled to announce its newest strategic […]
Tonik extends core banking partnership with Finastra to accelerate growth
September 26 2023
Finastra has today announced a new deal with Tonik, renewing its partnership to power Tonik’s […]
Tonik Grows Shop Installment Loan with Home Along
August 29 2023
The Philippines’ Pioneering Digital Bank Tonik continues to take strides in furthering its Shop Installment […]
Tonik and FC Home Center Partner for Shop Installment Loan
August 16 2023
The Philippines’ First Neobank Tonik Digital Bank proudly announces the launch of its Shop Installment Loan to […]
Tonik acquires TendoPay, enters employee benefits market
December 5 2022
Tonik Financial Pte. Ltd. (Tonik), the parent company of Tonik Digital Bank, Inc. in the […]
Tonik furthers its credit inclusion leadership in the Philippines by unveiling new revolutionary all-digital loans
November 9 2022
Tonik, the Philippines’ first neobank, continues to accelerate financial and credit inclusion with the launch […]
Tonik enables BillsPay feature for hassle-free dues payment
September 2 2022
Tonik, the country’s first neobank, continues to be every Filipino’s partner to easy, stress-free, and […]
Fund transfers now made easier and faster with Tonik via InstaPay
August 3 2022
Tonik, the Philippines’ first neobank, continues to make digital banking easy and convenient for Filipinos […]
Consumer finance veteran joins Tonik’s management team as Group COO
July 26 2022
Tonik announced today that Tomasz Borowski is joining the leadership team as Group Chief Operations […]
Tonik raises US$131M Series B led by Mizuho Bank
February 9 2022
Tonik Financial Pte Ltd (“Tonik”), the parent company of Tonik Digital Bank in the Philippines, […]
Greg Krasnov, Tonik - What is next for you and Tonik?
January 27 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about the future […]
Greg Krasnov, Tonik - Do you think APAC will start to adopt the EMEA regulations further?
January 26 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about the regulations […]
Greg Krasnov, Tonik - Are there opportunities for fintechs to help small and medium sized businesses develop in the Philippines?
January 25 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about the opportunities […]
Greg Krasnov, Tonik - Where do you see the future of the card in the Philippines?
January 24 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about e-commerce and […]
Greg Krasnov, Tonik - Can you tell us about how online retail banking is becoming more accepted in the Philippines?
January 21 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about customer trust […]
Greg Krasnov, Tonik - How do you feel inspired by the trends and regulations happening in EMEA?
January 20 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about how the […]
Greg Krasnov, Tonik - Tell us about the payment trends you’re seeing in APAC. Are people favoring digital payments?
January 19 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about payment trends […]
Greg Krasnov, Tonik - What are the opportunities and challenges when setting up a digital bank in the Philippines?
January 18 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about setting up […]
Tonik Builds on Google Cloud to Accelerate Financial Inclusion and Open Banking Innovation in the Philippines
January 11 2022
Tonik Digital Bank (“Tonik”), the Philippines’ first digital-only neobank, is tapping Google Cloud’s advanced platform […]
EXCLUSIVE: "Naughty, but not so niche!" – Greg Krasnov, Tonik in ‘The Fintech Magazine’
January 10 2022
In a market where there’s all to play for, the first digital-only bank has smashed […]
Tonik secures USD 100 million in Consumer Deposits within 8 months of launch
December 9 2021
Tonik, the Philippines’ first digital-only neobank, continues to blaze a trail in the local banking […]
Fintech Finance Presents: The Paytech Show 5.01 - Payments In a Post-SCA Environment
November 16 2021
In today’s episode we are examining what a post PSD2 and SCA environment looks like […]
Tonik enters consumer lending with a game-changing 15-minute Quick Loan
September 15 2021
Tonik, the Philippines’ first digital-only neobank, has launched a pioneering Quick Loan product on its platform. The launch of Quick […]
Neobank Tonik launches physical Debit Cards with pioneering high- security features
August 18 2021
Tonik, the Philippines’ first private neobank operating under its own digital bank license by the […]
Tonik becomes the Philippines’ first neobank to secure digital bank license
June 7 2021
Tonik, the Philippines’ first digital-only neobank continues to make waves in the local fintech and […]
Tonik, the First Neobank in the Philippines, Raises US$17M in Pre-Series B Funding
May 11 2021
Tonik, the first neobank in the Philippines, announced today that it raised US$17M in Pre-Series […]
Transfers to Tonik Now Available via PESONet
April 29 2021
The Philippines’ first neobank Tonik is ramping up the convenient banking features on its game-changing app through tying […]
Tonik launches as first neobank in The Philippines
March 18 2021
Tonik, Southeast Asia’s first digital-only bank, launches as the first neobank in the Philippines today. Tonik brings […]
Mastercard partners with tonik, Philippines’ first digital-only neobank, to accelerate financial inclusion
July 9 2020
Mastercard today announced a new partnership agreement with tonik, a two-year-old startup which recently received a […]
EXCLUSIVE: "Naughty, but not so niche!" – Greg Krasnov, Tonik in ‘The Fintech Magazine’
January 10 2022
In a market where there’s all to play for, the first digital-only bank has smashed […]
Greg Krasnov, Tonik – What is next for you and Tonik?
January 27 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about the future […]
Greg Krasnov, Tonik – Do you think APAC will start to adopt the EMEA regulations further?
January 26 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about the regulations […]
Greg Krasnov, Tonik – Are there opportunities for fintechs to help small and medium sized businesses develop in the Philippines?
January 25 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about the opportunities […]
Greg Krasnov, Tonik – Where do you see the future of the card in the Philippines?
January 24 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about e-commerce and […]
Greg Krasnov, Tonik – Can you tell us about how online retail banking is becoming more accepted in the Philippines?
January 21 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about customer trust […]
Greg Krasnov, Tonik – How do you feel inspired by the trends and regulations happening in EMEA?
January 20 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about how the […]
Greg Krasnov, Tonik – Tell us about the payment trends you’re seeing in APAC. Are people favoring digital payments?
January 19 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about payment trends […]
Greg Krasnov, Tonik – What are the opportunities and challenges when setting up a digital bank in the Philippines?
January 18 2022
Greg Krasnov, Founder and Chief Bulldozer at Tonik, chats to Lea Jakobiak about setting up […]
Fintech Finance Presents: The Paytech Show 5.01 – Payments In a Post-SCA Environment
November 16 2021
In today’s episode we are examining what a post PSD2 and SCA environment looks like […]
