Amount Raised
$17
Round Type
Series B
Description
Tonik, the first neobank in the Philippines, announced today that it raised US$17M in Pre-Series B funding. The round comes on the heels of Tonik's highly successful public launch in March 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month - a historical record for any new bank launching in the Philippines.
Quick answer
Tonik raised $17 in a Series B round, dated May 11, 2021.
- How much did Tonik raise?
- Tonik raised $17 in a Series B round on May 11, 2021.
- What does Tonik do?
- Tonik is the first digital-only neobank in the Philippines, operating under a full banking license from the Bangko Sentral ng Pilipinas (BSP).
- Where is Tonik based and how big is it?
- Fundz records about 550 employees.
- Who are the decision-makers at Tonik?
- Fundz holds 2 contacts at Tonik, including the Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Professional Services and Financial Services around the same time
Companies in the same sectors as Tonik that raised within 45 days of this round, from Fundz verified event records.
- Hello Alice raised $15M on June 11, 2021.
- MANTL raised $40M on May 26, 2021.
- Lili raised $55M (Series B) on May 11, 2021.
- CIBC raised an undisclosed amount on June 23, 2021.
- Yieldstreet raised $100M (Series C) on June 2, 2021.
- Fold raised $13M (Funding Round) on May 27, 2021.
Who to call at Tonik, and when
A new round usually means Tonik is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Tonik raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Tonik, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Tonik. With Fundz connected, it knows.
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Fundz sees it the moment Tonik raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansTonik raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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