Insights

Market Penetration Opportunity Tonik operates in the rapidly expanding digital banking sector within Southeast Asia, specifically targeting the underserved unbanked population in the Philippines. Businesses offering financial products or services in this region can explore strategic partnerships or offer complementary solutions to enhance digital financial inclusion.

Growing Digital Infrastructure With Tonik leveraging advanced technology stacks including Python, Drupal, and targeted advertising platforms like Facebook Pixel and TikTok, there is potential for vendors supplying digital banking infrastructure, security solutions, or marketing technology tools to collaborate with or supply services to the company.

Financial and Customer Data Tonik’s significant funding of $131 million and revenues between $100 million and $250 million indicate a robust growth phase, presenting opportunities for financial service providers, insurtech firms, or analytics platforms to partner in offering new products or data-driven insights tailored to digital banking customers.

Expansion and Innovation As the first digital bank licensed in the Philippines with a focus on innovative, customer-centric solutions, Tonik provides a gateway for technology providers specializing in secure digital payment systems, mobile banking apps, and user experience enhancements seeking to expand into Southeast Asia.

Competitive Landscape Positioned alongside other fintech and neobank competitors like TymeBank, Chime, and Nubank, Tonik’s growth presents opportunities for partnership, B2B sales, or joint ventures within the digital banking ecosystem to capture market share and accelerate technological adoption.

Tonik Tech Stack

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

  • Temenos
    Accounting And Finance
  • TikTok Pixel
    Analytics
  • Lucidchart
    Charting
  • Duda
    Content Management System
  • Oracle
    Enterprise
  • Google Cloud
    Infrastructure As A Service
  • JSON-LD
    Javascript Frameworks
  • Facebook
    Widgets

Media & News

Tonik's Email Address Formats

Tonik uses at least 1 format(s):
Tonik Email FormatsExamplePercentage
FLast@tonikbank.comJDoe@tonikbank.com
83%
First.Last@tonikbank.comJohn.Doe@tonikbank.com
11%
LastFirst@tonikbank.comDoeJohn@tonikbank.com
4%
LFirst@tonikbank.comDJohn@tonikbank.com
2%

Frequently Asked Questions

Where is Tonik's headquarters located?

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Tonik's main headquarters is located at Singapore, Central Region 069534 Singapore. The company has employees across 5 continents, including AsiaEuropeAfrica.

What is Tonik's stock symbol?

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Tonik is a publicly traded company; the company's stock symbol is MLPHO.PA.

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

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Tonik's official website is tonikbank.com and has social profiles on LinkedInCrunchbase.

What is Tonik's NAICS code?

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Tonik's NAICS code is 52211 - Commercial Banking.

How many employees does Tonik have currently?

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As of February 2026, Tonik has approximately 516 employees across 5 continents, including AsiaEuropeAfrica. Key team members include Coo: T. B.Chief People Officer: M. V.Chief Strategy Officer (cso): M. S.. Explore Tonik's employee directory with LeadIQ.

What industry does Tonik belong to?

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Tonik operates in the Banking industry.

What technology does Tonik use?

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Tonik's tech stack includes TemenosTikTok PixelLucidchartDudaOracleGoogle CloudJSON-LDFacebook.

What is Tonik's email format?

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Tonik's email format typically follows the pattern of FLast@tonikbank.com. Find more Tonik email formats with LeadIQ.

How much funding has Tonik raised to date?

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As of February 2026, Tonik has raised $131M in funding. The last funding round occurred on Jan 09, 2022 for $131M.

When was Tonik founded?

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Tonik was founded in 2018.

Tonik

BankingCentral Region, Singapore501-1000 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, Central Region 069534 Singapore
Stock Symbol
MLPHO.PA
NAICS Code
52211 - Commercial Banking
Founded
2018
Employees
501-1000

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.

  • $100M$250M

    Tonik's revenue is estimated to be in the range of $100M$250M

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.

  • $100M$250M

    Tonik's revenue is estimated to be in the range of $100M$250M

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