Tendo by Tonik has partnered with Concentrix Philippines to offer financial wellness tools to more than 100,000 employees of the country’s largest private employer.
Under this partnership, Concentrix team members can now access Tendo’s digital platform, which includes salary-deducted loans, high-interest savings accounts, and budget coaching.
“We believe that empowered employees are the foundation of any successful business,” said Kacper Marcinkowski, CEO of Tendo by Tonik. “Making this available for Concentrix ensures thousands more people can easily access financial tools designed to reduce stress, encourage savings, and strengthen overall workplace engagement.”
Financial wellness support for large organizations
Tendo works with more than 180 employers in the Philippines and provides tools to help companies support their workforce through simple digital services. The platform aims to assist with employee engagement, retention, and even recruitment by offering cost-effective financial programs.
Tendo also helps streamline loan operations for employers, making it easier to provide access to responsible credit and savings options.
Backed by a digital banking affiliate
As an affiliate of Tonik Digital Bank, the Philippines’ first digital and credit-led bank, Tendo applies data models and AI tools to manage loan risks and deliver sustainable lending.
“At Concentrix, we focus on holistic wellbeing for our game-changers, and that includes their financial stability,” said Hazel Banas, VP for People Solutions at Concentrix Philippines. “The availability of Tendo’s services supports our efforts to enable various means for our game-changers to manage their financial needs in a secure and responsible way.”