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PayMongo vs Tonik

PayMongo logo

PayMongo

Powerful Financial Tools that Fuel Fast-Growing Businesses

160 employees · est. 2019 · Philippines

VS
Tonik logo

Tonik

The first neobank in the Philippines

419 employees · est. 2018 · Singapore, Singapore

Tonik is the older company (2019 vs 2018); Tonik is the larger of the two.

Side-by-Side Comparison

PayMongo Tonik
Founded
2019 2018 older
Headquarters
Philippines Singapore, Singapore
Employees
160 419 larger
Industry
Financial Services, Fintech, Payments Financial Services, Fintech, Banking
Funding Stage
Series B Series B
Total Funding
$45.70M $175.00M
Funding Rounds
3 5
Taxonomy
PaymentsDigital EconomyCashless PaymentsRegulated EntityBangko Sentral Ng PilipinasFinancial Technology +4 NeobankDigital BankingPhilippinesSoutheast AsiaRetail DepositsUnsecured Lending +6
Website
paymongo.com tonikbank.com
PayMongo logo

About PayMongo

PayMongo is a fintech company based in the Philippines that provides businesses with the capability to easily accept payments. Their mission is to facilitate trust and efficiency in transactions, seeking to become the unseen force that drives commerce, enabling everyone to participate and thrive in...

Tonik logo

About Tonik

Tonik Tonik, the first neobank in the Philippines, is a transformative digital bank founded in 2018. The company is on a mission to revolutionize the way money works in Southeast Asia by addressing the US$140 billion retail deposit and US$100 billion unsecured retail lending opportunities in the Phi...

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Frequently Asked Questions

PayMongo was founded in 2019, based in Philippines, with 160 employees. PayMongo is a fintech company based in the Philippines that provides businesses with the capability to easily accept payments. Their mission is to facilitate trust and efficiency in transactions, seek. Tonik was founded in 2018, based in Singapore, Singapore, with 419 employees. Tonik Tonik, the first neobank in the Philippines, is a transformative digital bank founded in 2018. The company is on a mission to revolutionize the way money works in Southeast Asia by addressing th.
PayMongo has raised $45.70M and Tonik $175.00M. Latest stage: PayMongo Series B, Tonik Series B.
Both work in Financial Services and Fintech and list bangko sentral ng pilipinas and philippines among their focus areas.

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Compiled from the BounceWatch company index. We last looked at PayMongo on 12 Sep 2024, and Tonik on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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