Digital Banking Platform Tonik Acquires $21 Million in Capital for Q3 2020 Launch in the Philippines

Tonik Financial Pte Ltd, a company planning to launch a digital bank in the Philippines, has reportedly secured $21 million in capital through a Series A equity funding round. The round was led by major blue-chip venture capital investors, including Sequoia India and Point72 Ventures…. Read More
Read more in: Asia, Fintech | Tagged banking challengers, digital bank, digital banking, greg krasnov, investment round, neobank, pete casella, Philippines, point72 ventures, the philippines, tonik bank, venture capital, virtual banking