Tonik Financial lands US$21M Series A led by Sequoia, Point72 to launch a digital bank in Philippines

The Philippines-based fintech startup Tonik Financial has raised US$21 million in a Series A funding round, led by Sequoia India and US-based Point72 Ventures. Existing investors Insignia Ventures Partners and Credence also participated, According to a TechCrunch report, the funds will fuel its plans to launch a digital bank aimed at the Southeast Asian market by September […] The post Tonik Financial lands US$21M Series A led by Sequoia, Point72 to launch a digital bank in Philippines appeared first on e27.