Tookitaki has expanded its footprint in the Philippines with a new satellite office at Ayala Triangle Tower One in Makati City, signaling confidence in one of Southeast Asia’s fastest-growing fintech markets.
The move brings the firm closer to major players in the country’s digital finance ecosystem, including GCash, Maya, PayMongo, and GoTyme, as well as regulators and compliance leaders. It also underscores Manila’s rising role as both a fintech hub and a frontline in combating increasingly sophisticated financial crime.
Founder and CEO Abhishek Chatterjee said the expansion comes as financial crime risks grow more complex and technology-driven. He highlighted the need for “intelligent and collaborative” tools, pointing to the company’s artificial intelligence-powered and federated learning solutions designed to detect fraud patterns and strengthen anti-money laundering compliance.
After operating from a shared workspace over the past year, the shift to a dedicated office is expected to accelerate hiring, deepen partnerships, and provide more responsive, on-the-ground support for Philippine clients.
Co-founder and COO Jeeta Bandopadhyay said the Manila base will enable closer collaboration across Southeast Asia, while president Isabel Ridad underscored the Philippines’ strategic role in the firm’s regional growth.
With its technology already supporting major banks and fintech platforms, Tookitaki now monitors a significant share of digital transactions in the country, helping institutions detect fraud at scale, uncover mule networks, and safeguard the integrity of the Philippines’ rapidly evolving financial system.
