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125 Philippines Digital-Only Neobank Tonik Raises US$131 million in Series B funding round

AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 02/12/2022 00:53 EDT

Philippines Digital-Only Neobank Tonik Raises US$131 million in Series B funding round

Tonik Financial Pte Ltd, the parent company of Tonik Digital Bank in the Philippines has raised US$131 million in its Series B funding round led by Mizuho Bank, which is one of the largest Japanese banking groups. The funding round was also joined by new investors including Sixteenth Street Capital, Prosus Ventures, and Indonesian family ...

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