SG’s Tonik Financial raises $6m to launch digital bank in the Philippines

SG’s Tonik Financial raises $6m to launch digital bank in the Philippines

Tonik founder and CEO Greg Kasnov.

Tonik Financial, the first pure-play digital bank in Southeast Asia based in Singapore, announced that it has raised $6 million in an equity funding round that will finance the launch of its digital bank in the Philippines.

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