Tonik introduces joint savings for couples: The 'Luv Stash'
Stash and stay together with the 'Luv Stash,' the first and only in the Philippines
Source: thailand-business-news.com
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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, 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 are constantly expanding our product offerings to cater to all the financial challenges Filipinos face...
Source: philippinetimes.com
Digital-only neobank surpasses USD 100 million in consumer deposits
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
Source: mb.com.ph
Tonik Raises US$17M in Pre-Series B Funding
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 shareholders Sequoia India, Altara Ventures, and Insignia Venture Partners as well as bringing in new investors...
Source: financialit.net
PH's first neobank Tonik raises $17m in pre-Series B funding
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