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efficient lending in the Philippines

Published on: Dec. 4, 2025, 11:15 a.m. | Source: The Tribune

Singapore/ Manila [Philippines], December 4: Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines' first licensed digital-only bank, has raised US$12 million in Pre-Series C financing led by Diligent Capital Partners, with participation from Plio Limited, existing shareholder Altara Capital, and Tonik management. The funding strengthens the regulatory capital position of Tonik Digital Bank under Bangko Sentral ng Pilipinas requirements and supports continued investment in Tonik's technology platform to accelerate customer acquisition, cross-sell, and automation.

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