Asian Digital Banking Challenger Tonik Launches Very First Neobank in the Philippines, Offering Competitive Deposit Rates

Southeast Asia-based all-digital banking challenger Tonik has officially launched the first neobank in the Philippines. Tonik is regulated by the Bangko Sentral ng Pilipinas (BSP), the nation’s central bank. Tonik’s deposits will reportedly be insured by the Philippine Deposit Insurance Corporation (PDIC). The digital banking… Read More
Read more in: Asia, Fintech | Tagged digital bank, digital banking, greg krasnov, long pineda, neobank, neobanking, Philippines, southeast asia, tonik, tonik bank, virtual bank, virtual banking