Announced
Completed
Financials
Tags
Completed
Banks
Single Bidder
neobank
Cross Border
Minority
Private
Acquisition
Friendly
Philippines
Synopsis
Mizuho Bank, a Japanese bank, led a $131m Series B financing round in Tonik Financial, the parent company of the Philippiness' first neobank Tonik. "The partnership with Mizuho will provide Tonik with enhanced access to the international wholesale funding markets and world-class managerial talent, as well as serve as a fantastic platform for our future international expansion," Greg Krasnov, Tonik CEO and Founder.
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