Salmon secured $30m in a Series A-2 funding round led by the International Finance Corporation and Lunate to expand its financial services in Southeast Asia.
Salmon secured $30m in a Series A-2 funding round led by the International Finance Corporation and Lunate to expand its financial services in Southeast Asia.
10/04/24, 3:03 PM
Location
taguigMoney raised
$30 million
Industry
banking
financial services
Investors
Lunate, International Finance Corporation
Salmon, a FinTech firm, successfully completed a $30m Series A-2 equity financing round, significantly oversubscribed. The funds will be used to scale lending operations and enhance marketing efforts across retail locations in the Philippines.
Company Info
Location
taguig, manila, philippines
Additional Info
Salmon Group Ltd. is a Philippine consumer fintech company that leverages AI and its proprietary credit engine to offer innovative credit products and a lifestyle banking platform. Additionally, Salmon operates a licensed bank (Rural Bank of Sta. Rosa Laguna Inc.) within the Philippines.