{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/617209191ce80e001468fb1a/6a9d78033559f174781ca128?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The Hustle Behind Tonik Bank with Greg Krasnov | Hustleshare Ep 395","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/617209191ce80e001468fb1a/1788704214501-d48f730a-5ee3-48cc-b9d7-76fd25d66e63.jpeg?height=200","description":"<p>Behind every fast-scaling startup is often a founder who's already been through a few reinventions. In this episode, Greg Krasnov, Founder and CEO of Tonik Bank, shares how his early hustles in finance and tech carried him through private equity and into founding a bank in Ukraine, shaping his approach to risk-taking, leadership, and building financial institutions from the ground up.&nbsp;</p><p><br></p><p>Dive into how Greg’s journey through fintech and emerging markets shaped his approach to building Tonik—from earning customer trust to taking a bold bet on digital banking in the Philippines, which quickly reached 1 billion pesos in retail deposits and raised $17 million in Pre-Series B funding.</p><p><br></p><p>00:00:38 - The sacrifices and long hours of Greg’s early career</p><p>00:05:37 - How coding and technology helped Greg pay his way through college</p><p>00:10:26 - Investment banking and private equity as career path</p><p>00:14:59 - Transition into private equity in Central Europe</p><p>00:18:09 - Why scaling consumer lending required a banking license</p><p>00:21:29 - Finding purpose and a new direction after a major business exit</p><p>00:27:16 - Identifying opportunities by combining existing technologies to solve major problems</p><p>00:31:34 - What Greg saw in the Philippines that led him to build a digital bank</p><p>00:36:23 - Building an international team to launch Tonic in the Philippines</p><p>00:40:09 - How Tonik integrates its values into hiring and employee development</p><p>00:45:24 - Greg’s six P’s framework for building a winning product</p><p>00:49:38 - Creating a more approachable and customer-friendly banking brand</p><p>00:55:12 - The importance of resilience and reliability in digital banking</p><p>00:58:36 - Why passion and commitment are essential to building a successful business</p><p>01:00:05 - What’s next for Tonik and where listeners can connect with him</p><p><br></p><p><br></p><p>HustleShare is powered by PayMongo, the financial operating system for growing businesses.</p><p><br></p><p>Learn more about PayMongo's product suite: https://pay.mg/pna-learnmore</p><p><br></p><p>Sign up for free in as fast as 5 minutes: https://pay.mg/pna-signup</p><p><br></p><p>PayMongo is regulated by the Bangko Sentral ng Pilipinas.</p><p><br></p><p>Build your empire—subscribe and hit the bell for a new masterclass every Monday! 🚀</p><p><br></p><p>Watch more episodes of HUSTLESHARE:</p><p>// Subscribe https://www.youtube.com/@hustlesharepodcast</p><p>and follow Founders Only on YouTube: https://www.youtube.com/@foundersonlypodcast</p><p>// Listen on Spotify: https://open.spotify.com/show/76aB39CuQ2nEKXgaS2O3rY</p><p>// Apple Podcasts: https://podcasts.apple.com/us/podcast/founders-only/id1651692553</p><p><br></p><p>Connect with HUSTLESHARE:</p><p>Facebook: https://www.facebook.com/hustleshare/</p><p>| Instagram: https://www.instagram.com/hustlesharepodcast</p><p>| TikTok: https://www.tiktok.com/@hustlesharepodcast</p><p>| LinkedIn: https://ph.linkedin.com/showcase/founders-only/</p><p>| Squarespace: https://wolf-triceratops-l4zp.squarespace.com/config/pages/5c6e992371c10b1f023d7b53</p><p><br></p><p>Follow ONE CFO:</p><p>| Website: https://www.onecfoph.co</p><p>| Facebook: https://www.facebook.com/onecfoph/</p><p>| LinkedIn: https://ph.linkedin.com/company/onecfo</p><p><br></p><p>Follow PAYMONGO:</p><p>| Website: https://www.paymongo.com/</p><p>| Facebook: https://www.facebook.com/paymongo/</p><p>| Instagram: https://www.instagram.com/paymongo/</p><p>| LinkedIn: https://www.linkedin.com/company/paymongo</p><p><br></p><p>#Podcast #Hustleshare #OneCFO #PayMongo #RonBaetiong #GregKrasnov</p>","author_name":"Ronster Baetiong and Podcast Network Asia"}