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Top News In அல்ட்ரா முயற்சிகள் Today - Breaking & Trending Today

Data Vantage: Gaming, ride-hailing and e-commerce firms snag funding

Data Vantage: Gaming, ride-hailing and e-commerce firms snag funding
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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Vietnamese edtech startup Clevai raises $2.1m led by Altara Ventures

Altara Ventures invested $1.5m in the round. FEBE Ventures injected $500,000, while global marketplace investor FJ Labs pumped in $100,000. ....

Clevai Vietnam , Altara Ventures , அல்ட்ரா முயற்சிகள் ,

Tonik raises USD 17 mln in Pres-Series B funding

Tonik raises USD 17 mln in Pres-Series B funding
thepaypers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepaypers.com Daily Mail and Mail on Sunday newspapers.

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Tonik Raises US$17M in Pre-Series B Funding

Payments , Banking , Online Banking
09:45 am
Tonik, the first neobank in the Philippines, announced today that it raised US$17M in Pre-Series B funding. The round comes on the heels of Tonik’s highly successful public launch in March 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month - a historical record for any new bank launching in the Philippines.
Led by Singapore’s iGlobe Partners, the round featured participation from existing shareholders Sequoia India, Altara Ventures, and Insignia Venture Partners as well as bringing in new investors Citius, Baring Vostok Capital Partners, and multiple Philippine family offices. The new funding solidifies Tonik’s position as one of the best funded fintechs in the Philippines, with US$44M raised to-date. ....

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The Philippines-Based Neobank Tonik Secures $17 Million in Pre-Series B Funding Round Led By iGlobal Partners

The Philippines-Based Neobank Tonik Secures $17 Million in Pre-Series B Funding Round Led By iGlobal Partners

Tonik, a neobanking group based in the Philippines, announced on Tuesday it secured $17 million through its Pre-Series B investment round, which was led by iGlobal Partners with participation from Sequoia India, Altara Ventures, and Insignia Venture Partners, Citius, Baring Vostok Private Equity, and multiple Philippine family offices. The company has notably raised more than $44 million to date.
Founded in 2018, Tonik claims to be the first neobank in the Philippines. It provides retail financial products, which include deposits, loans, current accounts, payments, and cards.
“Innovation is woven into the DNA of our company. We put customers first. We challenge the status quo. We are relentless. We are passionate about improving people’s financial lives through the use of technology.” ....

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