SINGAPORE, July 26, 2022 /PRNewswire/ — Tonik introduced at this time that Tomasz Borowski is becoming a member of the management workforce as Group Chief Operations Officer (COO). Most not too long ago the Co-Founder and CEO of Asian fintech credit score administration chief FLOW, Tomasz was instrumental in overseeing FLOW’s rollout throughout three markets in Southeast Asia, in addition to its achievement of profitability previous to Collection B, the primary such feat by any fintech within the area. With operations in Vietnam, Indonesia, and India, FLOW has redefined debt assortment in Southeast Asia by utilizing AI applied sciences, moral practices, and data-driven insights.

Tomasz brings to Tonik ca. 20 years of expertise in client finance, primarily centered on constructing environment friendly operations. Previous to coming to Asia to construct FLOW, Borowski gained intensive expertise in Shopper Finance throughout Rising Europe, at market-leading establishments reminiscent of GE Capital, Raifessen Financial institution, and Platinum Financial institution. His information of world-class requirements and applied sciences in attaining excessive ranges of effectivity in client finance will assist Tonik carry its operational excellence to a brand new degree.

“Tomasz is a seasoned world chief in client banking and fintech business, particularly in scaling up new companies in rising markets. Having labored with him beforehand in several ventures, through the years, I’m satisfied that his arrival comes on the good time as we gear up for growing our operational effectivity within the latter half of 2022,” says Tonik Founder and CEO Greg Krasnov.

“Tonik’s game-changing entry marked a shift in direction of digital banking as the simpler, sooner, and most popular method ahead in driving monetary inclusion in the Philippines. As a seed-stage angel investor in Tonik, I’ve adopted its journey very intently, and imagine that my experience comes on the proper second to assist Tonik scale. Additionally it is an ideal time for me to make a transition to a non-executive function at FLOW, which has not too long ago achieved profitability, and is now prepared to maneuver ahead below new every day management. I’m excited to be part of Tonik’s trailblazing journey, making use of one of the best operational practices from everywhere in the world as we proceed to revolutionize the way in which cash works throughout the area,” shares Borowski.

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As a Group COO, Tomasz can be primarily based in Singapore and employed by Tonik’s holding firm Tonik Monetary Pte Ltd, whereas working intently with the Operations workforce of Tonik Digital Financial institution Inc, Tonik’s regulated financial institution subsidiary in the Philippines.

Be taught extra about this story at https://tonikbank.com/.

About Tonik

Tonik is the primary digital-only neobank in the Philippines, offering mortgage, deposit and cost merchandise to customers on a extremely safe digital banking platform. The neobank operates on the idea of the primary digital financial institution license issued by the Bangko Sentral ng Pilipinas (BSP). Tonik is led by a workforce of retail finance veterans who’ve beforehand constructed and scaled a number of retail banks and fintechs throughout world rising markets. It’s backed by high worldwide traders, together with Sequoia India, Level72 Ventures, and Mizuho Financial institution. Tonik’s tech stack is built-in in partnership with world-class banktech distributors together with Mastercard, Finastra, Amazon Net Providers, Google and Daon. Tonik operates out of hubs in Singapore (HQ), Manila, and Chennai.

SOURCE tonik