| Date | Title | Description |
| 17.12.2025 | Philippine Fintech Leader Tonik Secures $12M for Scaled Growth | Tonik Digital Bank in the Philippines closed a significant $12 million Pre-Series C funding round. Diligent Capital Partners spearheaded the investment. Tonik, the nation's first licensed digital-only bank, demonstrates robust growth. Its l... |
| 15.12.2025 | Украинская Diligent Capital Partners возглавила $12 млн раунд инвестиций в филиппинский необанк Tonik | Украинская инвестиционная компания Diligent Capital Partners (DCP) стала ведущим инвестором раунда финансирования на $12 млн, привлечённого филиппинским необанком Tonik. Сделка была осуществлена консорциумом международных инвесторов, которы... |
| 11.12.2025 | Deals in brief: Airwallex raises Series G funding, Granite Asia completes first close for credit fund, 13 new China investments, and more | Airwallex raises USD 330 million at USD 8 billion valuation, acquires Indonesian payments firm to expand local coverage
Airwallex, a global fintech company specializing in cross-border payments, has raised USD 330 million in a Series G fund... |
| 04.12.2025 | Tonik raises US$12M Pre-Series C to scale capital-efficient lending in the Philippines | Led by Diligent Capital Partners with Plio Limited, Altara Capital, and Tonik management
SINGAPORE and MANILA, Philippines, Dec. 4, 2025 /PRNewswire/ -- Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines' first ... |
| 28.08.2025 | "Leading the Way: Tonik Becomes First Digital Bank to Implement PhilSys ID Verification" | MANILA, Philippines, Aug. 28, 2025 /PRNewswire/ -- 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 ce... |
| 10.04.2025 | Umba's $5 Million Boost: A New Era for Digital Lending in Kenya | In the heart of Nairobi, a digital revolution is taking shape. Umba, a rising star in the fintech landscape, has secured a $5 million debt facility aimed at expanding its lending operations in Kenya. This funding is not just a financial boo... |
| 08.04.2025 | Tonik Named to 2025 Endeavor Outliers List - Joining the Global Top 10% of High-Growth Scale-Ups | MANILA, Philippines, April 8, 2025 /PRNewswire/ -- Tonik, the first digital bank in the Philippines, has been named a 2025 Endeavor Outlier — placing the company among the top 10% of global high-growth scale-ups in Endeavor's 2,500+ company... |
| 27.03.2025 | The Digital Lending Revolution: Tonik and Robinsons Appliances Join Forces | In the bustling landscape of the Philippines, a financial revolution is brewing. Tonik, the country's first digital-only neobank, is shaking up the traditional banking scene. With its recent partnership with Robinsons Appliances, Tonik is m... |
| 25.03.2025 | Tonik partners with Robinsons Appliances for Accessible Financing | MANILA, Philippines, March 25, 2025 /PRNewswire/ -- The Philippines' credit-led digital bank Tonik has partnered with Robinsons Appliances, one of the country's top three market leaders in consumer durables retail, to expand its Shop Instal... |
| 06.03.2025 | Tonik Surpasses 1 million Loans, Redefining Consumer Lending in the Philippines | MANILA, Philippines, March 6, 2025 /PRNewswire/ -- Tonik has crossed 1 million cumulative loans disbursed since inception, cementing its status as the Philippines' leading credit-led digital bank and propelling a new era of credit inclusion... |
| 08.08.2024 | Tonik Bank Expands Its Digital Reach to Cebu: A New Era of Financial Inclusion | In the heart of the Philippines, a financial revolution is brewing. Tonik Bank, the first digital-only neobank in the country, has set its sights on Cebu. This vibrant city, known as the Queen City of the South, is now home to Tonik's innov... |
| 07.08.2024 | Tonik Bank is now in Cebu! | CEBU CITY, Philippines, Aug. 7, 2024 /PRNewswire/ -- Hello, langga! #VivaTonikBank
Tonik is now in Cebu with the rollout of its Shop Installment Loan.
The Philippines' trailblazing digital bank, Tonik, announces its expansion to Cebu, bring... |
| 30.07.2024 | Tonik Solidifies Market Leadership Through Stellar Growth in Loan Portfolio and Revenue in H1 2024 | MANILA, Philippines, July 30, 2024 /PRNewswire/ -- Tonik, the Philippines' trailblazing digital-only neobank, proudly announces a market-leading growth in its consolidated loan portfolio and revenue in the first half of 2024.
Tonik Solidifi... |
| 02.07.2024 | Gupshup collaborates with Philippines' leading Neobank Tonik, offers Generative AI chatbot to bring innovation in digital banking | SINGAPORE and MANILA, Philippines, July 2, 2024 /PRNewswire/ -- Gupshup, the world's leading Conversation Cloud today announced its partnership with Tonik Bank, the first digital-only neobank in the Philippines, to develop a state-of-the-ar... |
| 29.05.2024 | Tonik powers up with GenAI to boost growth | MANILA, Philippines, May 29, 2024 /PRNewswire/ -- Pioneering Philippine digital bank Tonik continues to highlight its innovative edge by becoming the first digital bank to successfully incorporate Generative AI featuring ChatGPT to its oper... |
| 07.03.2024 | Tonik appoints former BAP head Cesar Virtusio as new Independent Director | MANILA, Philippines, March 7, 2024 /PRNewswire/ -- Tonik, the pioneering digital bank in the Philippines, proudly announces the appointment of Mr. Cesar O. Virtusio as a new Independent Director on the Board of its regulated bank subsidiary... |
| 29.02.2024 | Tonik lays off employees, hits profitability for lending products | FintechNews
Gabriel Budi Sutrisno · 1 Mar 2024 · 2 min readTonik lays off employees, hits profitability for lending products
Tonik Digital Bank founder and CEO Greg Krasnov / Photo credit: Tonik Digital Bank
Singapore-based Tonik Financial,... |
| 19.02.2024 | Tonik introduces joint savings for couples: The 'Luv Stash' | Stash and stay together with the 'Luv Stash,' the first and only in the Philippines
MANILA, Philippines, Feb. 19, 2024 /PRNewswire/ -- Love is in the air as Tonik Digital Bank (Tonik), the pioneering digital bank in the Philippines, launche... |
| 29.01.2024 | Tonik Digital Bank in the Philippines Announces Significant Leadership Transition | Tonik Digital Bank Inc. (TDB), the digital bank in the Philippines, announced a significant leadership transition. Long Pineda, President of TDB, will be retiring from her executive role and will “assume the position of non-executive Chairm... |
| 19.01.2024 | Tonik Country President Long Pineda retires, replaced by Group CEO Greg Krasnov | MANILA, Philippines, Jan. 19, 2024 /PRNewswire/ -- Tonik Digital Bank Inc. (TDB), the pioneering digital bank in the Philippines, today announced a significant leadership transition. Long Pineda, President of TDB, will be retiring from her ... |
| 16.01.2024 | Tonik enters SME lending | Tonik becomes 1st digital bank to enter secured loans in the Philippines
MANILA, Philippines, Jan. 16, 2024 /PRNewswire/ -- Tonik Digital Bank (Tonik), the Philippines' first digital-only neobank, leveled up its Big Loan catering to a wider... |
| 22.10.2023 | Philippines based Neobank Tonik Introduces Insurance Services | Tonik, the digital bank in the Philippines, is pleased to announce its newest strategic partnership with life insurance company Sun Life Grepa Financial, Inc..
This transformative collaboration aims “to enhance the financial well-being of t... |
| 21.09.2023 | TONIK NAMED BEST CUSTOMER SERVICE DIGITAL BANK | MANILA, Philippines, Sept. 21, 2023 /PRNewswire/ -- Tonik Digital Bank is proud to announce its recognition as the Philippines' Best Customer Service for 2023, cementing its status as the number one digital bank for customer service in the ... |
| 27.06.2023 | Tonik’s interest income jumps 5.7x to $6.2m, losses grow 40% (update) | FintechNewsStartups
Shadine Taufik · 27 Jun 2023 · 2 min readTonik’s interest income jumps 5.7x to $6.2m, losses grow 40% (update)
Tonik Digital Bank founder and CEO Greg Krasnov / Photo credit: Tonik Digital Bank
Tonik Financial, the compa... |
| 06.06.2023 | Tonik Hits 1M customers | MANILA, Philippines, June 6, 2023 /PRNewswire/ -- Tonik, the Philippines' pioneering all-digital bank, is proud to announce that it has surpassed a significant milestone by onboarding over one million clients since its inception. This achie... |
| 02.12.2022 | Tonik acquires TendoPay, enters employee benefits market | SINGAPORE, Dec. 2, 2022 /PRNewswire/ -- Tonik Financial Pte. Ltd. (Tonik), the parent company of Tonik Digital Bank, Inc. in the Philippines, has entered into a landmark agreement with Tendo Payment Solutions Pte. Ltd. (Tendo) to acquire it... |
| 16.11.2022 | 43 New Challenger Banks Have Entered the Market This Year | Over the past year, 43 new digital challenger banks have been launched around the world, bringing the total number of players to 291, data acquired by Finbold, a platform that covers news on finance, cryptocurrencies and fintech, show.
The ... |
| 09.11.2022 | Tonik furthers its credit inclusion leadership in the Philippines by unveiling new revolutionary all-digital loans | MANILA, Philippines, Nov. 9, 2022 /PRNewswire/ -- Tonik, the Philippines' first neobank, continues to accelerate financial and credit inclusion with the launch of its two new lending products, Flex Loan and Big Loan.
Building on the success... |
| 14.10.2022 | Tonik recognized as one of the top fintechs in the world | MANILA, Philippines, Oct. 14, 2022 /PRNewswire/ -- Tonik, the first neobank in the Philippines, claimed the honorable distinction as one of CB Insights' Top 250 most promising fintech companies worldwide.
CB Insights, a business analytics p... |
| 09.09.2022 | Startup Wire | Verbal Intercourse | Hi everyone. Taro here.
I used to really dislike networking events due to lack of experience and thinking it was pointless to meet strangers. But they really are great ways to meet new people and potentially make new friends. With the incom... |
| 01.09.2022 | Tonik enables BillsPay feature for hassle-free dues payment | MANILA, Philippines, Sept. 1, 2022 /PRNewswire/ -- Tonik, the country's first neobank, continues to be every Filipino's partner to easy, stress-free, and accessible banking through its BillsPay feature. Available through the Tonik app, Bill... |
| 03.08.2022 | Fund transfers now made easier and faster with Tonik via InstaPay | MANILA, Philippine, Aug. 3, 2022 /PRNewswire/ -- Tonik, the Philippines' first neobank, continues to make digital banking easy and convenient for Filipinos through the integration of InstaPay services on its mobile app. This makes the neoba... |
| 26.07.2022 | Consumer finance veteran joins Tonik's management team as Group COO | SINGAPORE, July 26, 2022 /PRNewswire/ -- Tonik announced today that Tomasz Borowski is joining the leadership team as Group Chief Operations Officer (COO). Most recently the Co-Founder and CEO of Asian fintech credit management leader FLOW,... |
| 07.06.2022 | Tonik boosts API security with Noname Security solution | As it revolutionizes the way money works in Southeast Asia, the neobank is strengthening a critical component of cybersecurity in an interconnected online world.
SINGAPORE, June 7, 2022 /PRNewswire/ -- Noname Security, the complete proactiv... |
| 05.04.2022 | Former Google and Meta (Facebook) Executive joins PH Neobank Tonik as Chief People Officer | MANILA, Philippines, April 5, 2022 /PRNewswire/ -- The Philippines' first neobank Tonik, announced today that former Google HR Director for Japan and Asia-Pacific (JAPAC) and Meta (Facebook) Director of User Operations, Manoj Varghese, has ... |
| 10.02.2022 | Digital bank Tonik raises $131m, eyes international expansion | Tonik Financial, the parent company of Tonik Digital Bank in the Philippines, has closed a $131 million Series B equity funding round.
Tonik raises $131m in Series B
The round was led by Japanese banking heavyweight Mizuho Bank. Other new i... |
| 10.02.2022 | Tonik secures $131 million Series B investment led by Mizuho Bank | Tonik Financial Pte Ltd (Tonik), the parent company of Tonik Digital Bank in the Philippines, announced today that it closed a $131 million round of Series B equity funding. The round was led by Mizuho Bank, which is one of the largest Japa... |
| 09.02.2022 | Tonik raises US$131M Series B led by Mizuho Bank | SINGAPORE, Feb. 9, 2022 /PRNewswire/ -- Tonik Financial Pte Ltd ("Tonik"), the parent company of Tonik Digital Bank in the Philippines, announced today that it closed a US$131M round of Series B equity funding. The round was led b... |
| 09.02.2022 | Prosus N : Tonik raises US$131M Series B with participation from Prosus Ventures | Tonik raises US$131M Series B with participation from Prosus Ventures
Other investors include Prosus Ventures as well as prior investors Insignia, Sequoia India, Point72 Ventures, and iGlobe
SINGAPORE - 9 FEBRUARY 2022 - Tonik Financial Pte... |
| 09.02.2022 | PH’s first neobank Tonik raises $131m in Mizuho-led Series B funding | Tonik Financial, the parent company of the Philippines’ first neobank Tonik, announced raising $131 million in its Series B funding round led by Mizuho Bank, one of the largest Japanese banking groups.
The Series B funding comes less than a... |
| 13.12.2021 | Tonik secures $100 million in consumer deposits in 8 months | Neobank Tonik has surpassed the P5 billion ($100 million) in consumer deposits after only eight months since its launch.
Tonik’s deposit achievement was supported by unique, accessible, flexible, and inclusive products, including industry-l... |
| 10.12.2021 | Apiwiz and Tonik Partner to Accelerate Digital Banking in the Philippines and Beyond | Jessel Thomas, Tech Times 10 December 2021, 03:12 am
(Photo : SAEED KHAN/AFP via Getty Images)
Apiwiz, a Low Code APIOps Platform, today announces its partnership with Tonik, the first digital-only neobank in the Philippines, to accelerate ... |
| 09.12.2021 | Tonik secures USD 100 million in Consumer Deposits within 8 months of launch | MANILA, Philippines, Dec. 9, 2021 /PRNewswire/ -- Tonik, the Philippines' first digital-only neobank, continues to blaze a trail in the local banking industry by surpassing P5B (US$100M) in consumer deposits. The development comes within on... |
| 15.09.2021 | Tonik enters consumer lending with a game-changing 15-minute Quick Loan | MANILA, Philippines, Sept. 15, 2021 /PRNewswire/ -- Tonik, the Philippines' first digital-only neobank, has launched a pioneering Quick Loan product on its platform. The launch of Quick Loan marks Tonik's entry into the deeply underserved c... |
| 18.08.2021 | Neobank Tonik launches physical Debit Cards with pioneering high-security features | MANILA, Philippines, Aug. 18, 2021 /PRNewswire/ -- Tonik, the Philippines' first private neobank operating under its own digital bank license by the Bangko Sentral ng Pilipinas (BSP), has launched the physical debit cards for clients of its... |
| 07.06.2021 | Tonik becomes PH's first neobank to secure digital bank license | MANILA, Philippines, June 7, 2021 /PRNewswire/ -- Tonik, the Philippines' first digital-only neobank continues to make waves in the local fintech and banking industry as it secures a digital bank license from the Bangko Sentral ng Pilipinas... |
| 11.05.2021 | The Philippines-Based Neobank Tonik Secures $17 Million in Pre-Series B Funding Round Led By iGlobal Partners | Tonik, a neobanking group based in the Philippines, announced on Tuesday it secured $17 million through its Pre-Series B investment round, which was led by iGlobal Partners with participation from Sequoia India, Altara Ventures, and Insigni... |
| 11.05.2021 | Tonik raises USD 17 million for its neobank aimed at the Philippines‘ unbanked population | The Philippines’ first neobank Tonik announced on Tuesday that it has raised USD 17 million in its pre-Series B funding round led by iGlobe Partners, as well as existing shareholders Sequoia India, Altara Ventures, and Insignia Venture Part... |
| 11.05.2021 | Tonik raises US$17M in Pre-Series B funding | MANILA, Philippines, May 11, 2021 /PRNewswire/ -- Tonik, the first neobank in the Philippines, announced today that it raised US$17M in Pre-Series B funding. The round comes on the heels of Tonik's highly successful public launch in March 2... |
| 16.06.2020 | Philippines challenger Tonik raises $21m ahead of 2020 launch | Philippines-based digital bank, Tonik, has raised $21 million in a Series A funding round featuring blue-chip venture capital (VC) investors Sequoia India and Point72 Ventures.
Tonik is the Philippines’ first neobank
The funding round, Toni... |
| 16.06.2020 | Digital Banking Platform Tonik Acquires $21 Million in Capital for Q3 2020 Launch in the Philippines | Tonik Financial Pte Ltd, a company planning to launch a digital bank in the Philippines, has reportedly secured $21 million in capital through a Series A equity funding round.
The round was led by major blue-chip venture capital investors, ... |
| 15.06.2020 | Tonik raises $21 million to launch digital bank in the Philippines | A wave of digital banks, or neo-banks, has flourished in recent years in Western nations as people begin to flee megabanks.
While most of these startups are yet to prove they can turn a profit, entrepreneurs are beginning to replicate simil... |
| 15.06.2020 | Philippines’ Digital-Only Bank Tonik Raises $21M Series A Led by Sequoia India and Point72 | Tonik Financial Pte Ltd (“tonik”) announced today that it closed a $21M round of Series A equity funding. The round was led by blue-chip VC investors Sequoia India and Point72 Ventures, with a significant participation from previous VC inve... |
| 15.06.2020 | SG’s Tonik Financial closes Series A at $21m, to launch digital bank in PH | Premium
Tonik Financial, the first pure-play digital bank in Southeast Asia based in Singapore, has closed its Series A equity funding round, with $21 million in total commitments, that will finance the launch of its digital bank in the Phi... |
| 13.05.2020 | Top 7 Fintech Startups in the Philippines for 2020 | Last year, Manila was named one of the world’s friendliest cities in the world for fintech startups, and was recognized for its strong English-language skills and well-established outsourcing industries.
Fintech companies already compose 15... |
| 26.02.2020 | Tonik digital bank raises $6m as it gears up for launch | Tonik Financial has raised $6 million in a venture round it will use to underpin the launch of its new digital bank in the Philippines.
Tonik is the first digital-only bank in the Philippines
Tonik Digital Bank, set to be the first of its k... |
| 25.02.2020 | Tonik raises USD 6 million to fund Philippine digibank | Tonik, a Southeast Asia-focused digital bank, announced that it has raised USD 6 million in an institutional funding round led by VC investors Insignia Ventures Partners and Credence Partners, with participation from regional family offices... |
| 25.02.2020 | TONIK Raises US$6 Million, Eyeing to Launch Digital Bank in Philippines by 2020 | TONIK announced today that it closed a US$ 6 Million round of equity funding led by regional VC investors Insignia Ventures Partners and Credence partners. The funds raised will be used to launch its digital bank in the Philippines, targett... |
| - | Altara Ventures joins FreeAgentCRM’s Series A financing round | Singapore-based early-stage VC firm Altara Ventures announced today it joined the US$12.6-million funding round of FreeAgent, an enterprise software company offering a cloud platform that helps businesses manage customer-facing work better. |
| - | Tonik raises $17M Pre-Series B | Funding to be used for acceleration of customer acquisition as well as roll out of additional lending and payment products. |
| - | TONIK | “Expect only fast, easy, and secure transactions from Tonik, a digital bank that offers services that actually help you save. Start neobanking now!” |
| - | Tonik raises $21M Series A led by Sequoia India and Point72 | First neobank in the Philippines raises Series A led by Sequoia India and Point72 Ventures. |