The Securities and Exchange Commission (SEC) has issued a warning against investing in Tonik-Shop for allegedly engaging in the unauthorized solicitation of investments without the necessary license from the SEC.In its latest advisory to the public, the SEC said Tonik-Shop is engaged in a scheme...
Tonik accelerates 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...
Tonik and Instapay
Philippines’ first neobank, Tonik, is now the first officially BSP-recognized and licensed digital bank in the country to fully implement InstaPay services on its mobile app. With the integration of InstaPay, customers can now send and receive real-time transactions for up...
Tonik, the first digital-only neobank in the Philippines, just recently announced that Tomasz Borowski is the company's new Group Chief Operating Officer (COO). He will be based in Singapore and employed by Tonik’s holding company Tonik Financial Pte Ltd, while working closely with the...
Tonik First Anniversary
Tonik, the Philippines' first digital-only neobank, marks its first year of operations in the country today. With its industry-leading deposit rates of up to 6% per annum (p.a.) and unique product offerings, the neobank was able to provide Filipinos a game-changing way to...
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Tonik Financial Pte Ltd (“Tonik”), the parent company of Tonik Digital Bank in the Philippines, announced today that it closed a US$131M round of Series B equity funding. The round was led by Mizuho Bank, which is one of the largest Japanese banking groups and a Top 10 bank by assets...
Tonik, Southeast Asia’s first digital-only bank, launches as the first neobank in the Philippines today. Tonik brings to the market a revolutionary and completely branchless way of banking on a highly secure mobile platform that sets out...
