Who owns Tonik?
short answerTonik holds its own banking licence, so Tonik itself is the bank — customer deposits sit on its own regulated balance sheet rather than with a third-party sponsor. Tonik's most notable disclosed backers include Peak XV Partners, Point72 Ventures, Mizuho and Prosus Ventures.
Is Tonik a licensed bank?
Yes — it holds its own banking licence. Licence detail: PH digital bank licence.
Where is your money held?
Custody model: Custodial — on Tonik's own balance sheet as a licensed bank.
Tonik runs on: Finastra (core banking platform). Full stack on the infra map.
Who's behind Tonik?
Tonik was founded by Greg Krasnov (2018), headquartered in Manila, PH.
Early investors
Is my money safe with Tonik?
As a licensed bank, eligible deposits at Tonik are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.
go deeperSee the full Tonik profile with every verified field, or Tonik alternatives. Raw fields: data.json.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.