Tonik has announced a significant milestone: disbursing 1 million loans since its launch. This achievement underscores Tonik’s commitment to consumer lending,…
TONIK
I’ll be the first to admit, I’m not a banker. What I am, however, is an enthusiastic saver who enjoys…
Philippines digital banks have seen remarkable growth, collectively amassing over PHP 80 billion in deposits by June, according to a…
Tonik Financial, the parent company of the Philippines-based digital lender Tonik Digital Bank, reported reduced year-on-year losses in 2023, though…
Tonik claims to have become the first digital bank in the Philippines to integrate generative AI featuring ChatGPT into its…
In a promising development for the standalone digital banks in the Philippines, more than US$700 million has been invested by…
Digital banking has swiftly expanded across Asia, notably achieving reasonable success in nations such as South Korea, China, and Japan.…
In the Philippines, a rapidly evolving economy demands financial vigilance. Bank statements serve as crucial tools, providing individuals and businesses…
Tonik Financial, headquartered in Singapore and operating the Tonik Digital Bank in the Philippines, has recently revealed a reduction in…
Following Valentine’s Day last week, Tonik Digital Bank has recently unveiled ‘Luv Stash,’ a novel savings product. This facility stands…
Tonik Digital Bank and the Southeast Asian payment gateway Xendit have announced a new strategic partnership, set to enhance the…
Tonik Digital Bank, Inc. has recently appointed Maria Lourdes “Long” Pineda as the non-executive Chair of its Board of Directors.…
Tonik Digital Bank recently updated its Big Loan product, aiming to address a broader range of financial requirements for small…
The fintech space in the Philippines has been growing rapidly in 2023, with several developments that have shaped the industry…
Philippines’ digital bank Tonik has tied up with life insurance company Sun Life Grepa Financial to launch Payhinga, an inclusive…
Philippines’ digital bank Tonik announced that it has renewed its partnership with financial services software and cloud solutions provider Finastra.…
Philippines’ digital bank Tonik announced that it has onboarded over one million customers since its inception. Tonik said that its…
Tonik Financial, the parent company of digital bank Tonik, announced that it has inked an agreement to acquire the Philippines’…
Philippines’ digital bank Tonik has enabled the BillsPay feature for its users to seamlessly pay their bills on time via…
The Bangko Sentral ng Pilipinas (BSP) has issued Certificates of Authority (COA) to all the six licensed digital banks in…