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With this acquisition, Tonik has expanded its core lending portfolio and integrated payroll-enabled financial services into its business.
according to Greg Krasnov For the founder and CEO of Tonik, the deal is a testament to his “passion for accelerating financial and credit inclusion.” Philippines”.
Tonik expands the ways Filipinos can help manage their finances in the future by offering mass-market digital credit products that are accessible, affordable and easy to use.
TendoPay is a one-stop shop for your employees’ financial wellness needs.this is service Includes zero interest purchase loans, emergency cash loans, personal financial management tools, virtual cards, prepaid health insurance cards, and reward programs.
We partner with over 200 companies and have a channel network covering over 500 brands and e-commerce sites.
Tendo shares Toniks commitment to advancing financial inclusion since its pioneering start in 2020. This partnership is not only mutually beneficial for both companies, but also creates additional value for Filipinos. , I am sure it will also help their perspective on financial services. Tendo, CEO Kappa Marcinkowski.
The transaction is subject to the approval of relevant governmental authorities.
