Tonik Bank
Japan’s Mizuho Bank leads neobank Tonik’s $131M Series B
Mizuho Bank, one of Japan's largest banking groups, is the latest big backer of Philippine digital bank Tonik, leading its $131 million Series B round of funding. Other…
Philippine neobank Tonik secures $100M in consumer deposits
Tonik, the Philippines' first digital-only neobank, has surpassed PHP5 billion ($100 million) in consumer deposits, just eight months after its launch of commercial operations.…
Striking while the iron is hot: The Philippine venture scene is heating up and getting hotter
TechNode Global’s series on the Philippines will delve into why Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this second part, we…
Philippines to stop accepting digital bank applications for 3 years, caps licenses to 7
The Philippine central bank will close the application window for digital banking licenses for three years and limit the number of digital banks to seven in the meantime,…
