Suggestions
Greg Krasnov
Founder @ Tonik | Fintech
Greg Krasnov is the Founder and CEO of Tonik, the first neobank in the Philippines.12 He is a serial entrepreneur with a passion for fintech and financial inclusion. Krasnov launched Tonik in 2021, aiming to revolutionize the way money works in Southeast Asia by providing simple and trustworthy banking experiences.14
Prior to founding Tonik, Krasnov:
- Co-founded and chaired multiple successful Asian fintech companies, including FORUM, Credolab, FLOW, Solarhome, and AsiaKredit.34
- Founded Platinum Bank, a consumer bank in Ukraine, which was successfully exited in 2013.3
- Spent 10 years in Private Equity at Bank of America (London) and Innova Capital (Warsaw).3
Krasnov's entrepreneurial journey began at age 18 when he launched his first business, earning his way through college by coding and repairing PCs.3 He is recognized as an Asian Fintech Director of the Year (Asia Fintech Awards 2021) and one of the Top 12 Fintech Leaders in Singapore (SFA 2021).3
A global citizen, Krasnov has lived in eight countries across three continents and has done business in over 40 countries.4 He is a graduate of Cambridge University (UK) and Arizona State University (USA), and is fluent in English, Polish, and Russian.4
Beyond his professional achievements, Krasnov is a talented musician who has recorded two albums, one of which is published on Spotify.4 He is also a long-standing member of the Young Presidents Organization (YPO) and the founder of its Kyiv Chapter.34
Highlights
Boom 🎆 🔥 Since many of you been asking, here are some YOY metrics: +133% in new loan production / +94% loan portfolio / +79% increase in lending income. As well as #5 GLOBALLY in digital bank CX - and the only one in the Top 10 from the Philippines.
To requote my own quote in the article: "While metrics such as deposits, number of transactions, or customer count are important, these are all loss generating activities, and therefore they do not capture the essence of a profitability strategy of a digital bank. At the end of the day, a bank needs to become profitable, and in a market like Philippines that is only possible through aggressively solving for unit profitability and growth on mass market consumer lending / credit inclusion segment. Our exceptional 1H 2024 results are a strong validation of our team’s revolutionary efforts to make mass market consumer lending in the Philippines profitable and massively scalable within the framework of a regulated deposit-taking bank institution and on the basis of a digital-first platform. We're leading the way in digital banking, and we're proud to be making a real difference in people's lives.”
How do you know you know your non-exec board supports your business? Its when you accidentally run into one of your board members on a flight, and he is wearing the Tonik logo shirt!!! Thank you John Sevilla, our TDB Board Member, for promoting Tonik and for all your support over the last few years!

