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Insights

Philippines Expansion Tonik recently expanded its offices to the Philippines and introduced innovative consumer-centric products in Cebu, signaling a growing presence in the Southeast Asian market.

Strategic Partnerships Tonik's partnership with Gupshup Inc. for Generative AI chatbots in digital banking presents an opportunity to enhance customer engagement and service offerings through cutting-edge technology.

Innovative Product Launches Recent product launches like the Shop Installment Loan and Luv Stash demonstrate Tonik's agility in meeting diverse customer needs, providing a sales edge with unique offerings in the market.

Key Leadership Changes Leadership changes with the appointment of Cesar O. Virtusio and the succession of Greg Krasnov as President pave the way for fresh perspectives and potential avenues for sales growth under new guidance.

Revenue and Funding Potential With a revenue of $10M - $50M and $131M in funding, Tonik's financial health is stable, indicating a solid foundation for scalable sales strategies and long-term business development.

Similar companies to Tonik

Tonik Tech Stack

Tonik uses 8 technology products and services including Google Ads, Google Ads Conversion Tracking, Power BI, and more. Explore Tonik's tech stack below.

  • Google Ads
    Advertising
  • Google Ads Conversion Tracking
    Analytics
  • Power BI
    Business Intelligence
  • Drupal
    Content Management System
  • Oracle
    Enterprise
  • Google Font API
    Font Scripts
  • Select2
    Javascript Libraries
  • 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%
LFirst@tonikbank.comDJohn@tonikbank.com
2%
LastFirst@tonikbank.comDoeJohn@tonikbank.com
2%

Frequently Asked Questions

Where is Tonik's headquarters located?

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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 official website and social media links?

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

How much revenue does Tonik generate?

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As of September 2024, Tonik's annual revenue reached $35M.

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 September 2024, Tonik has approximately 402 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?

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Tonik operates in the Banking industry.

What technology does Tonik use?

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Tonik's tech stack includes Google AdsGoogle Ads Conversion TrackingPower BIDrupalOracleGoogle Font APISelect2Facebook.

What is Tonik's email format?

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

How much funding has Tonik raised to date?

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As of September 2024, 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

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
NAICS Code
52211 - Commercial Banking
Founded
2018
Employees
201-500

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

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