About Salmon
Salmon is a company based in Taguig (Philippines) founded in 2022 by George Chesakov and Raffy Montemayor. It operates as a FinTech and PaaS (Platform-as-a-Service). Salmon has raised $83 million across 7 funding rounds from investors including International Finance Corporation, Lunate and Argentem Creek Partners. Salmon offers products and services including Salmon Product Loan, Salmon Credit Line, and Personal Loan. Salmon operates in a competitive market with competitors including Mynt, ProCredit, Esquire Financing and Easycreditx, among others.
- Headquarter Taguig, Philippines
- Founders George Chesakov, Raffy Montemayor
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Salmon Group Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$83 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
International Finance Corporation
& 6 more
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Employee Count
Not available
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Products & Services of Salmon
Salmon offers a comprehensive portfolio of products and services, including Salmon Product Loan, Salmon Credit Line, and Personal Loan.
Product loans are offered for affordable monthly installments.
Credit lines are provided to select existing clients.
Personal loans are selectively offered to current clients.
People of Salmon
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Funding Insights of Salmon
Salmon has successfully raised a total of $83M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Salmon
Salmon has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Lunate and Argentem Creek Partners.
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IFC is focused on private sector development in emerging markets.
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Alternative investment management services are provided in private markets.
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Venture capital firm focused on early-stage investments
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Investor details for Salmon
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Investments & Acquisitions by Salmon
Investment portfolio details for Salmon
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Financial Statements - Salmon
Detailed financials for Salmon
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Salmon Comparisons
Peer comparison for Salmon
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Competitors of Salmon
Salmon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mynt, ProCredit, Esquire Financing and Easycreditx, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mynt is recognized as a provider of financial technology solutions.
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Financing solutions are provided for small and medium-sized enterprises.
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SME loans are provided to businesses in the Philippines.
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Provides online loan solutions for various financial needs.
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Detailed competitors of Salmon
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Latest news on Salmon
Complete news archive for Salmon
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Frequently Asked Questions about Salmon
Salmon was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Salmon is headquartered in Taguig, Philippines. It is registered at Taguig, National Capital Region, Philippines.
Salmon is a funded company, having raised a total of $83M across 7 funding rounds to date.
Salmon is managed as an online lending platform through the Salmon app, powered by Salmon Group Ltd. Financial solutions such as product loans, credit lines, and personal loans are provided to customers across the Philippines. Operations are supported in over 5,000 partner stores nationwide, focusing on consumer goods like gadgets, clothes, and appliances. Security is ensured through biometric measures and AI-driven fraud detection. Services are regulated under Sunprime Finance, Inc. and other partner entities.
Salmon's top competitors include Mynt, ProCredit and Esquire Financing.
Salmon offers Salmon Product Loan, Salmon Credit Line, and Personal Loan.
Salmon has 7 investors. Key investors include International Finance Corporation, Lunate, Argentem Creek Partners, Northstar Group, and Spice Expeditions.