Tonik Digital Bank
Latest round
- Series B
Last raised
- Feb 2022
Total raised
- $158M
Investors
- 16
About Tonik Digital Bank
Based in Singapore, founded in 2018, Tonik Digital Bank, Inc. is a digital banking institution. The bank targets underserved segments in the market by providing digital banking services. The company was founded by Greg Krasnov (CEO as of 2026). In June 2026, Tonik Digital Bank, Inc. Tonik Bank offers a comprehensive suite of financial products that includes competitive savings accounts, time deposits, and a unique credit building service. Their flagship offerings feature a Time Deposit account with a 6% annual interest rate and a Stash option, providing 4% on deposits. The bank's services are tailored for tech-savvy consumers aiming to manage their finances efficiently in an increasingly digital world, with a focus on enhancing the banking experience for users across the Philippines and expanding into Southeast Asian markets. In the most recent financial year of 2023, Tonik Bank reported a revenue of USD 13,242,261 and an EBITDA of USD -28,646,098. The bank's revenue strategies are centered around interest income from deposits and transaction fees, facilitated through its mobile platform, enabling a seamless banking experience for its customers.
Who invested in Tonik Digital Bank
16 investors across 3 rounds
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Questions about Tonik Digital Bank
Who invested in Tonik Digital Bank?
Tonik Digital Bank has 16 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tonik Digital Bank raised?
Tonik Digital Bank has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Tonik Digital Bank last raise money?
Tonik Digital Bank's most recent round on record is a Series B, in Feb 2022.
What does Tonik Digital Bank do?
Based in Singapore, founded in 2018, Tonik Digital Bank, Inc.
Where is Tonik Digital Bank headquartered?
Tonik Digital Bank is headquartered in Singapore, Singapore.
Which VCs invest in companies like Tonik Digital Bank?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Tonik Digital Bank's stage. Their profiles are linked below.
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