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GenTwo, a Swiss-based B2B Fintech platform specialized in securitization of bankable and non-bankable assets, announced today that it has raised a USD 15 million Series A led by US-based Point72 Ventures.
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 achievement illustrates the bank's successful contribution to improving financial inclusion in the country, while highlighting the emerging trend of digital banking in the region. Tonik Hits 1M Customers "We are thrilled to celebrate this momentous milestone, as it stands as a testament to the robust customer-centric model that Tonik has to offer,&qu...
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 its Philippine business, operating under the brand name "TendoPay". This deal, which is subject to approval of relevant government authorities, is set to further cement Tonik's leading position in digital credit inclusion in the Philippines. Through the strategic acquisition of TendoPay, Tonik has now augmented its core lending portfolio while int...
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 of its all-digital savings portfolio and successful launch of its first lending product, Quick Loan, the new products are set to position Tonik as among the pioneering digital lenders in the country with loans catering to every need. Quick, convenient, and coupled with fixed low-interest rates, Flex Loan empowers customers with both freedom and flexibil...
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...