Tonik Financial, the parent company of Tonik Digital Bank, the first licensed digital-only bank in the Philippines, has successfully raised US$12 million in a Pre-Series C funding round.
This significant investment, announced on December 4, 2025, was led by Diligent Capital Partners, with participation from Plio Limited, Altara Capital, and Tonik’s own management team.
Tonik’s Mission to Transform Banking in the Philippines
The funding comes at a pivotal time for Tonik, which aims to revolutionize financial inclusion in a country where a large portion of the population remains underbanked.
Since its launch in 2021, Tonik has positioned itself as a pioneer in Southeast Asia’s neobanking sector, offering innovative services like deposits, payments, debit cards, and loans through a fully digital platform.
With this fresh capital, Tonik plans to scale its capital-efficient lending operations, addressing the growing demand for accessible financial solutions in the Philippines.
A History of Strong Investor Backing
Tonik’s journey began with a $21 million Series A round in 2020, followed by a $17 million Pre-Series B in 2021 and a substantial $131 million Series B in 2022, showcasing consistent investor confidence.
The company’s ability to attract funding from prominent names like Sequoia India, Point72 Ventures, and Mizuho Bank highlights its potential to disrupt traditional banking models in the region.
Impact on Financial Inclusion and Economic Growth
This latest $12 million injection is expected to accelerate Tonik’s growth, enabling it to reach more Filipinos who lack access to conventional banking services.
By leveraging technology, Tonik is not only empowering individuals but also contributing to the broader economic development of the Philippines, aligning with the goals of the Bangko Sentral ng Pilipinas.
Looking Ahead: Breakeven and Beyond
Tonik projects achieving cash-flow breakeven by the first half of 2026, a milestone that could solidify its position as a sustainable leader in the digital banking space.
As the neobank continues to expand its offerings and customer base, industry experts anticipate that Tonik could set a benchmark for digital banking across Southeast Asia.
For more details on Tonik’s journey, visit their official site at tonikbank.com.
Alfred Lee
