K2 Investments has injected funding into Tonik Digital Bank as part of a pre-Series C round, with plans to aid its growth phase following cash flow profitability.
PRIVATEJun 18, 2026
Round Type
Series C
SingaporeProfessional ServicesFinancial ServicesMobileLending And InvestmentsPaymentsFinanceFintechLendingBanking
Investors
K2 Investments
Description
K2 Investments has provided new capital to Tonik Digital Bank as part of an ongoing pre-Series C funding round. The funding supports Tonik's next growth phase, especially after achieving cash flow profitability recently. The bank's CEO, Greg Krasnov, emphasized the value of having Krzysztof Krawczyk on board, a veteran from CVC Capital Partners. Tonik reported an impressive annualized revenue run rate of over $60 million.
Company Information
Company
Tonik
Location
Singapore, Southeast Asia, Singapore
About
Tonik is the first digital-only neobank in the Philippines, operating under a full banking license from the Bangko Sentral ng Pilipinas (BSP). It offers loans, deposits, and embedded finance via a mobile-first experience. The company is backed by leading global investors including Mizuho Bank, Insignia Ventures, Peak XV (formerly Sequoia India), and Point72 Ventures.
Fundz sees it the moment Tonik raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SingaporeProfessional ServicesFinancial ServicesMobileLending And InvestmentsPaymentsFinanceFintechLendingBanking