Philippines' first digital-only neobank Tonik nets $131m

Philippines' first digital-only neobank Tonik nets $131m

Philippines-based digital-only neobank Tonik Digital Bank has closed its Series B funding round on $131m.

LEGIT digital banks in the philippines 2023 (Officially licensed by the BSP)


I’m shocked! Because most of the banks I know aren’t Officially licensed by the BSP as a digital bank! That’s why in this video, I’m going to share with you the LEGIT digital banks in the philippines 2023!

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OTHER RELATED VIDEOS:

– Open a Time Deposit Account that Earns 6% Interest Per Year (Tonik Digital Bank Philippines)
https://youtu.be/5z35vPhfUP0

– Buy Bitcoin for $1 Using Maya Crypto (Philippines | 2022)
https://youtu.be/4VPXg8sQB5g

– How to Open Maya Savings Account & Create Maya Savings Goals With 6% Interest Per Year
https://youtu.be/60nWoI6mQlQ

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TIMESTAMPS

0:00 Intro
0:53 These are NOT digital banks in the philippines
1:12 Official MEMO from BSP about digital banks
2:17 ofbank mobile banking by landbank
3:01 tonik bank philippines
3:19 unobank philippines
4:16 uniondigital bank of unionbank
5:19 gotyme bank philippines
6:26 maya bank of paymaya
6:53 So what are CIMB, Seabank and KOMO?
8:32 Conclusion

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TONIK to launch the first digital-only bank in the Philippines – and it’s powered by BPC


The Philippines is about to welcome its first digital-only bank. TONIK Digital Bank Inc, founded in 2018, received its banking license from Bangko Sentral ng Pilipinas (Philippines’ Central Bank) in January 2020. Preparing for its launch, TONIK has selected BPC as its exclusive payment partner, leveraging BPC’s payments processing centre and its SmartVista solution. read more: https://www.bpcbt.com/tonik-to-launch-the-first-digital-only-bank-in-the-philippines-and-its-powered-by-bpc/

Congratulations tonik on launching the Philippines’ first neobank! #neonormal #neobankingromance


With the official launch of tonik bank in the Philippines, we recap CEO and Founder Greg Krasnov’s take on the four building blocks of digital banking, and what makes Southeast Asia’s emerging markets a hotbed of opportunity for digital banking.

Listen to Yinglan Tan and Samir Chaibi’s full call with Greg on
Spotify: https://open.spotify.com/episode/6wRKN9EP62DBMcgGSFhvFz?si=73d52956d1be4cd8 &nd=1
Apple Podcasts: https://podcasts.apple.com/us/podcast/building-southeast-asias-first-digital-only-bank-in/id1506538839?i=1000485130068
Insignia Business Review: http://review.insignia.vc/2020/07/16/building-southeast-asias-first-digital-only-bank-in-the-philippines-with-tonik-ceo-and-founder-greg-krasnov/

Music: Business As Usual by Causmic

The content of this podcast is for informational purposes only, should not be taken as legal, tax, or business advice or be used to evaluate any investment or security, and is not directed at any investors or potential investors in any Insignia Ventures fund.

Tonik Digital Bank -Philippines’ first neobank , first digital-only bank | Greg Krasnov


TONIK is the Philippines’ first neobank. Launching in Q1 2021.

We aim to transform the way money works through a 100% digital platform – fast, easy, and secure. We are experienced bankers, who are tired of banks not doing and being what the customers want.

Innovation is woven into our DNA. We put customers first. We challenge the status quo. We are relentless.
We are passionate about improving people’s financial lives through the use of technology.

#tonik #neobank #digitalbank firstdigitalonlybank

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