Tonik Financial has secured USD 12 million in a Pre-Series C funding round, aimed at bolstering the regulatory capital position of Tonik Digital Bank according to Central Bank of the Philippines guidelines.

Tonik Digital Bank holds a controlling stake in Tonik Financial. This financing was spearheaded by iligent Capital Partners, with additional support from Plio Limited. The investment will fuel further technological advancements and facilitate broader customer engagement through enhanced cross-selling and automation strategies.

Expanding Effortless Credit Solutions

Tonik operates as a fully licensed digital-only neobank in the Philippines, providing loan, deposit, and embedded finance services. The company has expanded its loan portfolio to USD 83 million, achieving a risk-adjusted return on capital of 25% and increasing its risk-adjusted gross margin.

Through an efficient blend of regulated funding and cost-effective deposits combined with an AI-driven risk engine trained on three years of proprietary data, Tonik has built a B2B2C distribution network. Its cloud-native infrastructure supports real-time underwriting, behavioral scoring, and automated customer service, reducing operational costs and stabilizing the risk profile.

Tonik is dedicated to promoting financial inclusion in emerging markets through responsible credit practices. The company anticipates reaching cash-flow breakeven by mid-2026 as efficiency gains continue to accelerate and operational expenses decrease.

The success observed in Tonik’s risk management, technological innovation, and expansion of its service channels confirms the readiness of its business model. iligent Capital Partners’ support not only aligns with its strategic goals for Ukraine but also extends to other markets like Southeast Asia, where Tonik is poised to become a prominent digital banking entity.