Philippines' Tonik Digital Bank capital boosted by $12m fundraising

Tonik is the first digital-only bank in the Philippines with a banking licence from the BSP. Ukraine's Diligent Capital Partners, which is leading the pre-Series C funding round, has backed founder Greg Krasnov before.

Andrew Tjaardstra

December 04, 2025

Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines' first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent Capital Partners, with participation from Plio, existing shareholder Altara Capital, and Tonik’s management.

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