Greg Krasnov

Founder & CEO @ Tonik

About

$60M+ Revenue Run Rate. 27% RAROC. Net Cash Flow Profitable as of Q1 2026 — in a market where 70% of Filipinos have never had a bank loan.At Tonik, we’ve built a lending-first, AI-driven bank with industry-leading margins and cash flow positive as of Q1 2026. Backed by Insignia, Mizuho Bank, Peak XV (ex-Sequoia), and Point72, and with $150M+ raised, we’re attacking a $100B consumer credit gap through:• AI-driven underwriting built for thin-file, mass-market borrowers• B2B2C ecosystem distribution across payroll and storefront lending• Digital-first ops that scale inclusion without scaling costI’ve spent 20+ years building banks and fintechs across emerging markets — Credolab, Platinum Bank, FLOW, AsiaKredit, FORUM — always with the same obsession: how to get fair, accessible credit into the hands of people who’ve historically been locked out.Lived in 8 countries. Built and sold companies. Skippered a 63-ft sailboat across Asia. Still make music (yes, on Spotify). I believe grit, curiosity, and a bit of rebellion are underrated leadership skills.The credit-led model in EM fintech is working. The open question is whether markets will price capital efficiency as the primary signal before growth momentum takes over. That's the conversation I find most interesting right now. If you're thinking about the same thing, I'm easy to reach

Country

Philippines

City

Metro Manila

Industry

Banking

Skill

Digital Banking, FinTech, Consumer Lending / Credit Risk / Financial Inclusion, Venture Financing, Organizational Development, venture building

Experience

Founder & CEO

Tonik

2018 - Present · 8 yrs

Manila

- As of Q1 2026: $60M+ ARR · 27% RAROC · post cash flow breakeven · BSP-licensed · pre-IPO trajectory - Built Southeast Asia's first regulated digital bank from scratch — a credit-led, AI-driven model with industry-leading unit economics. Growth at 142% CAGR in 2022-25 without conglomerate distribution or ecosystem subsidy. - Co-architected the BSP Digital Banking Framework — the regulatory category did not exist before Tonik, first such framework in SEA. 20M+ Filipinos now hold a digital bank account; zero in 2020. - Scaled AI-driven consumer lending at national level — credit access for thin-file, mass-market borrowers previously locked out of regulated finance. • Designed Tonik's B2B2C distribution moat through employer-channel salary-deduction credit and storefront credit, achieving LTV/CAC of 30x. - Selected into Tokyo Stock Exchange Asian Startup Hub (top 5 by scale, only bank in the cohort). Endeavor Outlier 2025 (top 10% globally on growth & scale). - Best funded fintech startup in PH: backed by Insignia Ventures, Mizuho Bank, Peak XV Partners (ex-Sequoia), Point72 Ventures. $150M+ raised through Pre-C.

Founder and Chairman

FORUM

2015 - Present · 11 yrs

Singapore

Fintech venture building. Co-founded and supported the build of 4 fintech market leaders - CredoLab (global leader in AI-driven alt data credit scoring; post-Series A, scaling), - FLOW (top 3 digital collections leader in Indonesia; post-Series A, scaling), - Asiakredit/Pera247 (one of the first digital lenders in the Philippines, exited to GoBear/Grab), - SolarHome (market leader in pay-as-you-go rural solar electrification in Myanmar; liquidated).

Founder and CEO

Platinum Bank Украина

2006 - 2013 · 7 yrs

Kyiv, Ukraine

Built a Top 3 Consumer Finance Bank in Ukraine ($500M+ Assets) with top position by profitability. Backed by international private equity and IFC. Exited for $150M.

Private Equity - Managing Director

Innova Capital

2001 - 2006 · 5 yrs

Warsaw, Poland

Leveraged buy-outs across Central Europe

Private Equity - Investment Manager

Bank of America

1997 - 2002 · 5 yrs

London, United Kingdom

Leveraged buy-outs across Western Europe, with a particular concentration on Scandinavia

Founder & CEO

RKR Systems

1991 - 1996 · 5 yrs

Phoenix, Arizona, United States

IT support for Small & Medium Companies: PC repair, PC network hardware configuration and resale, custom coding (Borland Paradox, C++). Operated as a sole proprietor while earning my way through undergraduate studies.