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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, BillsPay enables users to seamlessly pay their bills on time, without the hassle of long queues and even at the comfort of their own homes - all through a few taps on their mobile phone. "With Tonik at the forefront of fintech in the Philippines, we ar...

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 only 8 months of the neobank’s launch of commercial operations and comes on the heels of Tonik’s prior achieveme

Payments , Banking , Online Banking 09:45 am 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 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month - a historical record for any new bank launching in the Philippines. Led by Singapore’s iGlobe Partners, the round featured participation from existing shareholder...

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Published April 27, 2021, 1:09 PM The Philippines’ first neobank Tonik is ramping up the convenient banking features on its game-changing app through tying up with PESONet to enable safe and secure electronic fund transfers to Tonik account from other banks. The announcement comes on the heels of Tonik’s highly successful public launch in March 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month – a historical record for any new bank launching in th...