Founded in 2018, TONIK Financial Pte Ltd received its banking license from Bangko Sentral ng Pilipinas (Philippines’ Central Bank) in January 2020, becoming the first bank in South-East Asia to obtain a licence to operate on a purely digital platform. .
BPC’s newest paytech Radar Payments services are delivered through a Software as a Service (SaaS) model and include payment switching, fraud management and card lifecycle management powered by BPC’s SmartVista digital banking platform.
This will enable TONIK to efficiently route transactions and provide a secure environment for its customers while gaining in speed to market and performance.
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