Philippine digital bank Tonik hits 1 million customers

It furthers the bank toward its goal of financial inclusion in the country.

Tonik, a Philippine-based all-digital bank, proudly announced surpassing one million clients, it said in a press release. 

This achievement demonstrated the bank's significant impact on enhancing financial inclusion and underscores the growing popularity of digital banking in the region, said Tonik.

“Achieving one million onboarded clients in such a short span is a validation of the growing trust and confidence of the Filipino community in our digital banking services." CEO and founder of Tonik, Greg Krasnov said.

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Tonik said it utilises advanced technology and a customer-centric approach, making financial services accessible to individuals and families who were previously underserved by traditional banks. With secure and user-friendly digital banking services, Tonik hopes to reshape the banking industry, ensuring inclusivity for all.