Salmon Raises $140M Growth Capital

Salmon Group, based in Manila, Philippines, is a technology-driven banking and lending platform that has secured $140 million in growth capital financing. The company provides a suite of financial services, including credit lines and in-store lending, powered by an AI-driven credit engine.

Investors

The source article does not explicitly name the specific investors participating in this financing round.

Salmon Use of Funds

Salmon plans to use the capital to scale its profitable lending operations, including its Salmon Credit Line and in-store lending services, and to support the nationwide roll-out of new products such as motorcycle and MSME lending.

About Salmon

Founded in 2022 by Pavel Fedorov, George Chesakov, and Raffy Montemayor, Salmon Group is a financial services holding company building a banking and lending platform for the Philippine market. The company operates through its BSP-licensed Salmon Bank and SEC-licensed Salmon Finance to provide accessible credit and banking services via its mobile application.

Funding Details

Company Website: https://salmon.ph

Company: Salmon
Raised: $140M
Round: Growth Capital
Funding Date: October 19, 2026
Company Website: https://salmon.ph/
Software Category: Fintech
Source: https://salmon.ph/news/salmon-secures-140-million-growth-opportunity-philippines