What if the secret to building a profitable digital bank isn't accumulating payments volume, but refusing to collect deposits you can't deploy?

In this episode, we explore pvtIQ's latest deep dive on Tonik, the first standalone digital bank in the Philippines to achieve cash flow profitability (Q1 2026).

We examine:

• Why Tonik targeted the $50–100B credit gap rather than competing over thin-margin payment transaction volume.

• Utilizing telco data, device behavior, and payroll integration (via Tendo) to underwrite thin-file borrowers profitably.

• Achieving cash flow breakeven without relying on a pre-existing telco or e-commerce parent ecosystem.

Read the research here: skr.ma/NkBtY

Disclaimer: pvtiq.com/content-disclaimer/

Can a BNPL player outmaneuver super-app giants like Grab and Shopee while navigating tightening regulatory thresholds?

In this episode, we explore pvtIQ's latest deep dive on Atome Financial, the Singapore-based fintech that pivoted beyond online checkout into a broader consumer credit ecosystem.

We examine:

• How Atome expanded beyond BNPL into digital cash lending (Kredit Pintar) and issued over 3M PayLater Anywhere cards in the Philippines.

• Using non-traditional signals to underwrite thin-file consumers in real time.

• How securing over $1B in institutional debt allowed Atome to absorb compliance costs that wiped out undercapitalized rivals.

As digital lending matures across Southeast Asia, can independent credit platforms maintain their edge over ecosystem-backed super-apps?

Read the research here: skr.ma/wgh6O

Disclaimer: pvtiq.com/content-disclaimer/

How do you scale high-density compute when your local grid and land supply hit a wall?

In this episode, we explore pvtIQ's latest deep dive on Bridge Data Centres, exploring how Bain Capital's hyperscale platform is targeting 3.0 GW of global capacity by 2030 through a masterclass in regional arbitrage.

We examine:

• Balancing high-value Singapore AI investments with sprawling, land-rich mega-campuses across Johor, Cyberjaya, and Thailand.

• Why relying on wholesale leases from cloud giants creates an all-or-nothing pipeline.

• How BDC uses treated effluent in Johor to cool AI workloads without draining local freshwater reserves.

Read the research here: skr.ma/tK0Lu

Disclaimer: pvtiq.com/content-disclaimer/