Tonik
Manila, Philippines · Banking, Finance, Financial Services
Tonik is the first digital-only neobank in the Philippines, operating under a full banking license from the Bangko Sentral ng Pilipinas (BSP). It offers loans, deposits, and embedded finance via a mobile-first experience. The company is backed by leading global investors including Mizuho Bank, Insignia Ventures, Peak XV (formerly Sequoia India), and Point72 Ventures.
Key facts
- Headquarters
- Manila, Philippines
- Employees
- 550
- Industries
- Banking, Finance, Financial Services
- Status
- Private
- Website
- tonikbank.com
- Company page
Recent activity at Tonik
- : K2 Investments has injected funding into Tonik Digital Bank as part of a pre-Series C round, with plans to aid its growth phase following cash flow profitability.
- : Tonik raises US$12M Pre-Series C to scale capital-efficient lending in the Philippines, led by Diligent Capital Partners. The funding will support Tonik's technology platform and enhance its regulatory capital position.
- : Tonik Raises Us$131M Series B Led By Mizuho Bank
- : Tonik Raises Us$17M In Pre-Series B Funding
Tonik funding history
| Date | Round | Amount |
|---|---|---|
| Jun 2026 | Series C | Undisclosed |
| Dec 2025 | Series C | $12.0M |
| Feb 2022 | Series B | $131.0M |
| May 2021 | Series B | $17 |
Leadership
- Greg Krasnov, Founder
- Greg Krasnov, Founder
- Kert Fetalco, Head of Internal Audit (Chief Audit Executive)
- Kert Fetalco, Head of Internal Audit (Chief Audit Executive)
- Vane Macatangay, Group Deputy Chief People Officer Related to Search Terms in Your Query and Ph Country HR Related to Search Terms in Your Query Head Related to Search Terms in Your Query
Verified email and direct lines for Tonik’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Tonik in the news
- Tonik Becomes the First Standalone Digital Bank in the Philippines to Achieve Profitability - PR Newswire (May 12, 2026)
- Tonik Becomes the First Standalone Digital Bank in the Philippines to Achieve Profitability - Yahoo Finance Singapore (May 11, 2026)
- Neobank Tonik taps Mastercard for financial inclusion in Philippines - Retail Banker International (Jul 09, 2020)
- Fund transfers now made easier and faster with Tonik via InstaPay - PR Newswire Asia (Aug 03, 2022)
- Consumer finance veteran joins Tonik's management team as Group COO - aap.com.au (Jul 26, 2022)
- Tonik acquires TendoPay, enters employee benefits market - PR Newswire Asia (Dec 02, 2022)
- Brand & Business: Neobank tonik partners with CredoLab to redefine lending in the Philippines - adobo Magazine (Dec 09, 2020)
- Tonik launches physical Debit Cards with high-security features - WalasTech (Aug 19, 2021)
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About Tonik: questions and answers
What does Tonik do?
Tonik is the first digital-only neobank in the Philippines, operating under a full banking license from the Bangko Sentral ng Pilipinas (BSP). It offers loans, deposits, and embedded finance via a mobile-first experience. The company is backed by leading global investors including Mizuho Bank, Insignia Ventures, Peak XV (formerly Sequoia India), and Point72 Ventures.
Where is Tonik headquartered?
Tonik is headquartered in Manila, Philippines.
How many employees does Tonik have?
Tonik has about 550 employees.
Has Tonik raised funding?
Yes. Fundz has recorded 4 funding events for Tonik. The most recent, Series C of Undisclosed, was in Jun 2026.
Who leads Tonik?
Greg Krasnov is a Founder at Tonik.
What is the latest news on Tonik?
On Jun 18, 2026, K2 Investments has injected funding into Tonik Digital Bank as part of a pre-Series C round, with plans to aid its growth phase following cash flow profitability.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy