Tonik: Launches  as  First  Neobank  in the Philippines

March 23, 2021

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Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Tonik the first digital-only neobank in the Philippines, providing deposit, payment, and card products to consumers
Tonik’s unique cloud-based solution powered by global financial technology leaders Mastercard, Finastra, and Amazon Web Services
Enables its customers to “Save Big and Dream Bigger” with industry-leading deposit interest rates of up to 6% p.a.
To make saving more relevant, fun, and social, Tonik offers unique Stash and Group Stash features
The customers can open a fully functional banking account in under 5 minutes, using only the Tonik App, an ID , and a selfie
Tonik account easily topped up in many convenient ways, including interbank, debit card, or in cash