TendoPay, a subsidiary of Tendo Payment Solutions in the Philippines, will be purchased by Tonik, a neobank with Singaporean roots.
The appropriate governmental authorities must approve the transaction.
TendoPay, a subsidiary of Tendo Payment Solutions in the Philippines, will be purchased by Tonik, a neobank with Singaporean roots.
The appropriate governmental authorities must approve the transaction.
Kacper Marcinkowski, Jan Walczak, Kamil Charazka, and Timothée Grassin founded TendoPay. In 2020, it was a part of Iterative’s first batch.
Tonik claimed in a statement that it had included TendoPay’s solutions in its offerings.
Tonik, one of the six licensees for digibank in the Philippines, was established by Greg Krasnov in 2018. It received US $131 million in a series B investment round headed by Mizuho Bank in February of this year.
