Tonik Email Format

BankingCentral Region, Singapore501-1000 Employees

Tonik is a digital bank headquartered in Singapore's Central Region that operates in Southeast Asia. Its platform enables customers to hold deposits, obtain loans, open savings accounts, make payments, and use cards, all on a secure digital system. In the Philippine market, Tonik targets retail customers, including those already using traditional banks and the substantial portion of Filipinos who remain unbanked, with a digital-only offering intended to be simple to use.

Tonik is the Philippines' first neobank to obtain a digital bank license from the Bangko Sentral ng Pilipinas, and deposits are insured by the Philippine Deposit Insurance Corporation. The company emphasizes a technology-driven, customer-focused approach as it pursues opportunities in Philippine retail deposits and unsecured lending.

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