Mastercard partners with tonik, Philippines’ first digital-only neobank, to accelerate financial inclusion

Mastercard recently announced a new partnership agreement with tonik, a two-year-old startup which recently received a bank license in the Philippines. Through this partnership, Mastercard will further enhance tonik’s market proposition by enabling the latter to issue a range of electronic payments products that taps into Mastercard’s global network and extensive business intelligence when tonik…