Philippines neobank Tonik announced this week it has raised $17 million in Pre-Series B funding. The news follows less than one year after Tonik’s March 2021 public launch that saw it secure more than $20 million in retail deposits in under one month – a… Read More
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 Insignia Venture Partners, Citius, Baring Vostok Private Equity, and… Read More
Indonesia-based fintech Ayoconnect announced on Wednesday it raised $5 million through its pre-Series B financing round, which included participation from BRI Ventures, Tokyo Exchange-listed internet company Kakaku.com, Inc., and Brama one Ventures. Existing investors that also participated in the round were Finch Capital and Amand… Read More
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