Digital bank or so-called ‘neobank’ Tonik eyes its lending services expansion in the next 12 months thru venturing into buy now, pay later; and home loans up to Php 2.5M (USD 50,000). Tonik is one of the few neobanks to secure a license from the Bangko Sentral ng Pilipinas (BSP) and has secured over PHP 5B (USD 100M) in retail deposits within eight months of operations. Read more in our articles including "GoTyme reaches 8 million customers, targets profitability by 2027" and "Tonik to offer new cryptocurrency and lending services in PH".
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Mar 18, 2026Digital bank or so-called ‘neobank’ Tonik eyes its lending services expansion in the next 12 months thru venturing into buy now, pay later; and home loans up to Php 2.5M (USD 50,000). Tonik is one of the few neobanks to secure a license from the Bangko Sentral ng Pilipinas (BSP) and has secured over PHP 5B (USD 100M) in retail deposits within eight months of operations.
Our coverage of neobank includes: "GoTyme reaches 8 million customers, targets profitability by 2027"; "Tonik to offer new cryptocurrency and lending services in PH"; "Tonik transfers now available via PESONet". Each article provides unique insights and information.