Insights

Digital Banking Expansion Tonik aims to tap into the untapped market of unbanked Filipinos by offering a convenient and secure digital banking experience, presenting a significant sales opportunity in addressing financial inclusion in the Philippines.

Regulatory Approval Advantage As the first neobank in the Philippines to secure a digital bank license from Bangko Sentral ng Pilipinas (BSP), Tonik holds a competitive edge, making it an attractive option for customers seeking innovative financial services.

Innovative Tech Infrastructure With a robust tech stack including TikTok Pixel, Kubernetes, and Oracle, Tonik demonstrates a commitment to cutting-edge technology, presenting a selling point for tech-savvy clients looking for modern banking solutions.

Sustainable Financial Growth Having received significant funding of $131M and with reported revenue in the range of $10M - $50M, Tonik showcases financial stability and growth potential, making it an appealing partner for businesses seeking long-term relationships.

Competitive Landscape Awareness By understanding the competitive landscape, like companies such as Chime, N26, and Varo Bank, Tonik can adapt its sales strategies to differentiate itself and capture market share by highlighting its unique value proposition and customer-centric approach.

Tonik Tech Stack

Tonik uses 8 technology products and services including TikTok Pixel, Appsflyer, Kubernetes, and more. Explore Tonik's tech stack below.

  • TikTok Pixel
    Analytics
  • Appsflyer
    Analytics
  • Kubernetes
    Containerization
  • Drupal
    Content Management System
  • Oracle
    Enterprise
  • Spring Boot
    Frameworks And Libraries
  • Google Cloud Platform
    Infrastructure As A Service
  • Facebook
    Widgets

Media & News

Tonik's Email Address Formats

Tonik uses at least 1 format(s):
Tonik Email FormatsExamplePercentage
FLast@tonikbank.comJDoe@tonikbank.com
85%
First.Last@tonikbank.comJohn.Doe@tonikbank.com
11%
LastFirst@tonikbank.comDoeJohn@tonikbank.com
2%
LFirst@tonikbank.comDJohn@tonikbank.com
2%

Frequently Asked Questions

Where is Tonik's headquarters located?

Minus sign iconPlus sign icon
Tonik's main headquarters is located at Singapore, Singapore 069534 SG. The company has employees across 6 continents, including AsiaEuropeNorth America.

What is Tonik's stock symbol?

Minus sign iconPlus sign icon
Tonik is a publicly traded company; the company's stock symbol is MLPHO.PA.

What is Tonik's official website and social media links?

Minus sign iconPlus sign icon
Tonik's official website is tonikbank.com and has social profiles on LinkedIn.

How much revenue does Tonik generate?

Minus sign iconPlus sign icon
As of November 2024, Tonik's annual revenue reached $35M.

What is Tonik's NAICS code?

Minus sign iconPlus sign icon
Tonik's NAICS code is 52211 - Commercial Banking.

How many employees does Tonik have currently?

Minus sign iconPlus sign icon
As of November 2024, Tonik has approximately 407 employees across 6 continents, including AsiaEuropeNorth America. Key team members include Chief People Officer: M. V.Chief Data Officer: B. B.Chief Strategy Officer: A. M.. Explore Tonik's employee directory with LeadIQ.

What industry does Tonik belong to?

Minus sign iconPlus sign icon
Tonik operates in the Banking industry.

What technology does Tonik use?

Minus sign iconPlus sign icon
Tonik's tech stack includes TikTok PixelAppsflyerKubernetesDrupalOracleSpring BootGoogle Cloud PlatformFacebook.

What is Tonik's email format?

Minus sign iconPlus sign icon
Tonik's email format typically follows the pattern of . Find more Tonik email formats with LeadIQ.

How much funding has Tonik raised to date?

Minus sign iconPlus sign icon
As of November 2024, Tonik has raised $131M in funding. The last funding round occurred on Jan 09, 2022 for $131M.

When was Tonik founded?

Minus sign iconPlus sign icon
Tonik was founded in 2018.
Tonik

Tonik

BankingSingapore, Singapore201-500 Employees

Tonik is a transformative digital bank on a mission to revolutionize the way money works in Southeast Asia.

We are addressing the US$140 billion retail deposit and US$100 billion unsecured retail lending opportunities in the Philippines. We believe the existing Filipino banking customers and the 70% of the Filipinos that remain unbanked deserve a better choice – a digital-only bank that is simple, not intimidating, helps them save, all at the click of a button. As the world leader in internet and social media usage, we believe Philippines is ripe for becoming a world leader in digital banking too.

We plan to make it happen. We provide retail financial products, including deposits, loans, savings accounts, payments, and cards on a highly secure digital banking platform.

Innovation is woven into the DNA of our company. 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 is officially the Philippines’ first neobank to secure a digital bank license from the Bangko Sentral ng Pilipinas (BSP). Deposits are insured by the Philippine Deposit Insurance Corporation (PDIC).

Section iconCompany Overview

Headquarters
Singapore, Singapore 069534 SG
Stock Symbol
MLPHO.PA
NAICS Code
52211 - Commercial Banking
Founded
2018
Employees
201-500

Section iconMedia & News

Section iconFunding & Financials

  • $131M

    Tonik has raised a total of $131M of funding over 5 rounds. Their latest funding round was raised on Jan 09, 2022 in the amount of $131M.

  • $10M$50M

    Tonik's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $131M

    Tonik has raised a total of $131M of funding over 5 rounds. Their latest funding round was raised on Jan 09, 2022 in the amount of $131M.

  • $10M$50M

    Tonik's revenue is in the range of $10M$50M

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.