Salmon Group has successfully raised USD $88 million to support its operations in the Philippines. The funding consists of a USD $60 million drawdown from a Nordic bond framework and USD $28 million in equity contributions. Various institutional and existing investors participated in this funding round. This capital will be used to bolster their operational capacity in the region.

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.

https://salmon.ph/

Fintech

Finance

Taguig

Salmon Group

Salmon Group has raised USD $88 million to enhance its operations in the Philippines, with USD $60 million from a Nordic bond and USD $28 million in equity from investors.

Salmon Group has raised USD $88 million to enhance its operations in the Philippines, with USD $60 million from a Nordic bond and USD $28 million in equity from investors.

Description

Company Information

Related People

Funding Insights

Salmon Group has raised USD $88 million to enhance its operations in the Philippines, with USD $60 million from a Nordic bond and USD $28 million in equity from investors.

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Related People

Funding Insights

Company Information