
Tonik, a leading digital banking platform in Southeast Asia, has partnered with Sun Life Grepa Financial to provide comprehensive insurance coverage to its customers. This strategic collaboration aims to expand Tonik’s product offerings and enhance its commitment to delivering holistic financial solutions to its growing user base.
As the first digital-only bank in the Philippines, Tonik has revolutionized the way people save and manage their finances. With its fully licensed banking platform, Tonik offers a wide range of innovative products and services, including high-interest savings accounts and affordable consumer loans. By partnering with Sun Life Grepa Financial, Tonik can now offer customized insurance solutions to its customers, providing an added layer of financial security.
Sun Life Grepa Financial is a subsidiary of Sun Life Financial, a highly reputable international financial services organization. Leveraging Sun Life’s extensive experience in insurance and wealth management, Sun Life Grepa Financial has become one of the most trusted insurance providers in the Philippines. This collaboration with Tonik further strengthens its market presence and allows both companies to leverage each other’s expertise.
With Tonik’s user-friendly interface and Sun Life Grepa Financial’s expertise in insurance products, customers can easily browse and purchase insurance plans tailored to their needs. Tonik users can now protect themselves and their loved ones with comprehensive coverage against unexpected events, ranging from health emergencies to accidents and beyond.
This partnership aligns with Tonik’s goal of becoming a one-stop financial platform, offering a holistic range of services to its users. By providing insurance options through Sun Life Grepa Financial, Tonik ensures that its customers have access to comprehensive financial protection while seamlessly managing their banking needs through a single platform.
Tonik’s CEO, Greg Krasnov, commented, “We are excited to collaborate with Sun Life Grepa Financial to bring insurance solutions to our customers. With this partnership, we are further expanding our product offerings, empowering our users with solutions that meet their financial needs and secure their future.”
The insurance products offered by Tonik and Sun Life Grepa Financial are designed to be easily understandable and accessible. Through a streamlined digital process, customers can explore different insurance plans, compare options, and proceed with a hassle-free purchase, all within the Tonik app.
This strategic partnership between Tonik and Sun Life Grepa Financial underscores the growing demand for digital banking and comprehensive financial services in Southeast Asia. As Tonik continues to innovate and expand its product offerings, its collaboration with Sun Life Grepa Financial sets a remarkable precedent in the financial technology industry.