Customer story

Tonik drives financial inclusion and innovation through next-gen digital banking powered by Finastra Essence

94%

growth in consumer loan portfolio

75%

of customer inquiries resolved automatically by AI

About the Company
First digital bank licensed to operate in the Philippines
2 million customers onboarded since 2021
1 million loans disbursed
Recognized as Best Digital Bank CX in the Philippines by The Digital Banker
Named as a Top 10 Global CX Leader among digital banks by AlternaCX
Tonik, the first neobank in Southeast Asia, is helping millions of Filipinos to manage their finances more effectively, while securing their financial future.

In this success story, learn more about how Tonik is enhancing service delivery through personalized customer experiences, with the rich functional capabilities and advanced technology of Finastra’s Essence.

As we have matured, the functional, operational and architectural capabilities of Finastra Essence have become critical to help us launch new products and services and increase efficiencies to translate growth into profitability.

Greg Krasnov
President & CEO, Tonik

Achieved benefits:

  • Cloud-first API functionality
  • Enhanced operational efficiencies
  • Personalized customer experiences
  • Greater reliability, with minimal downtimes
  • Flexibility and scalability to launch new products quickly
  • Secure data availability for machine learning, analytics and AI

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