Tonik raises $21 million to launch digital bank in the Philippines

13:48 15.06.2020
A wave of digital banks, or neo-banks, has flourished in recent years in Western nations as people begin to flee megabanks. While most of these startups are yet to prove they can turn a profit, entrepreneurs are beginning to replicate similar ideas in South Asian markets, where most people don’t have accounts with traditional banks […]...
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