Philippines digital bank Tonik raises $17m
Tonik, which claims to be the first digital bank in the Philippines, has raised $17 million in pre-Series B funding led by Singapore’s iGlobe Partners.
Sequoia Capital India and Insignia Venture Partners, which made contributions to a $21 million Series A last year, also participated. They were joined by Altara Ventures, Baring Vostok Private Equity,...
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