PH Digital Bank Tonik Reaches 1 Million Users Milestone
Tonik Digital Bank celebrates over 1 million users since 2020, prioritizing financial inclusion for those with limited banking access.
Tonik Digital Bank celebrates over 1 million users since 2020, prioritizing financial inclusion for those with limited banking access.
Acquiring the certificate is the third and final step to enabling these financial institutions to start full operations.
Digital-only Tonik Bank is looking to expand the neo-bank’s lending portfolio and offer cryptocurrency products and services on its app.
In a statement, TONIK CEO Greg Krasnov said digital-only banks globally have successfully demonstrated an ability to immediately gain massive market share through compelling consumer propositions while operating at lower costs.