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Digital Bank Tonik‘S Valuation Has Surged To Over $550 Million After A Series B Funding Round Announced In February, According To Dealstreetasia Calculations Based On Its Regulatory Filings

Mar 03, 2022over 3 years ago

Round Type

series b

Description

Digital bank Tonik‘s valuation has surged to over $550 million after a Series B funding round announced in February, according to DealStreetAsia calculations based on its regulatory filings.

Company Information

Company

Tonik‘S

About

As part of the round, the company raised $113.3 million in fresh equity funding and allocated Series B shares worth $18 million to Keep It Simple Security (KISS) holders.

FundzWatch™ Score

70
Medium Activity