What is Tonik Digital Bank?
Tonik is the Philippines' first neobank, proudly holding a digital bank license from the Bangko Sentral ng Pilipinas. Tonik offers high-interest savings, round-the-clock customer care, and innovative services designed to streamline the credit-building journey.
Problem
Traditional banks in the Philippines offer low-interest savings accounts and limited digital banking services.
Drawbacks: Limited customer care availability, lack of innovative services for credit-building, and cumbersome processes.
Solution
Neobank digital platform offering high-interest savings accounts and innovative credit-building services.
Core features: High-interest savings accounts, round-the-clock customer care, and innovative credit-building services.
Customers
Filipino individuals looking for higher interest rates for their savings, improved customer care services, and seamless credit-building experiences.
Occupation: Regular consumers, young professionals, and individuals interested in digital financial solutions.
Unique Features
First neobank in the Philippines with a recognized digital bank license.
High-interest savings accounts and innovative services tailored for the local market.
User Comments
Convenient banking experience with excellent customer support.
Impressed by the high-interest savings rates offered by Tonik.
Innovative credit-building programs are helping users improve their financial health.
Easy-to-use digital platform for everyday banking needs.
Positive feedback on the seamless account opening process.
Traction
Not available
Market Size
$21 billion was the valuation of the digital banking market in Southeast Asia in 2020, showing a growing trend towards digital financial services in the region.
