About Salmon
Salmon is a Financial Services company based in Taguig (Philippines) founded in 2022 by George Chesakov and Raffy Montemayor. Business and consumer loans are provided via an online platform. It operates on a FinTech and PaaS (Platform-as-a-Service) model. Salmon has raised $83 million across 7 funding rounds from investors including International Finance Corporation, Lunate and Argentem Creek Partners. Its website salmon.ph draws about 205 thousand monthly visits. Salmon offers products and services including Salmon Product Loan, Salmon Credit Line, and Personal Loan. Its focus areas include Financials, Consumer Finance and Personal Credit. Its legal entity is Salmon Group Ltd. Its competitors include Mynt, ProCredit and Esquire Financing; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$83M (USD)
in 7 rounds
- InvestorsInternational Finance Corporation
& 6 more
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.
Apps and channels of Salmon
Salmon publishes 1 mobile app with over 1M+ downloads.
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.
- Total Funding $83M
- Total Rounds 7
- First Round $20M
(Jul 2023)
- Investors Count 7
All 7 funding rounds of Salmon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $40M | Debt – Conventional | – | – | – |
| Apr 2026 | $60M | Series B | – | Spice | Washington University Investment Management Company,Moore Strategic Ventures |
| Jun 2025 | $60M | Debt – Conventional | – | – | – |
| Jun 2025 | $28M | Series A | – | Spice | |
| Oct 2024 | $30M | Series A | – | IFC, Lunate | – |
| Apr 2024 | $25M | Series A | – | IFC | |
| Jul 2023 | $20M | Debt – Conventional | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Alternative investment management services are provided in private markets. | 2023 | lunate.com | Abu Dhabi, United Arab Emirates | |
Venture capital firm focused on early-stage investments | nsgroup.com | Singapore, Singapore | ||
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | ||
Venture capital is invested in footech, fintech, and diverse sectors. | Stockholm, Sweden | |||
Argentem Creek Partners is focused on emerging markets investments. | argentemcreek.com | New York, United States | ||
Limited information is provided about Spice Expeditions' activities. | spice.vc |
Investor details for Salmon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Salmon
17 people are tracked at Salmon (11 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
George Chesakov | Co-Founder | Leadership |
Raffy Montemayor | Co-Founder | Leadership |
Anastasia Elizarova | Credit Scoring And Strategy Head | Leadership |
Aleksei Shuravin | Head Of Social Media | Leadership |
Anthony Agulto | Sales Network Director | Leadership |
Derrick Low | Chief Financial Officer | Leadership |
Alex Mirsky | Head Of Growth | Leadership |
John Roy Seco | Head Of Accounting | Leadership |
Leonivy Magbanua | Territory Sales Head | Leadership |
Boris Voskresenskii | Head Of Artificial Intelligence | Leadership |
Rjoy Dhel Vincent Javier | Territory Sales Head | Leadership |
Moriel Zapeda | Business Process Management Officer | Team |
Jewel Ann Aquino | HR Manager | Team |
Lyutsiya Muzafarova | Talent Acquisition Specialist | Team |
Ruslan Bondarev | Senior Data Engineer | Team |
Roweno Pombo Jr. | Accounts Payable Officer | Team |
Yana Marchenkova | Tech Recruiter | Team |
Complete people profiles for Salmon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Salmon
3 dated milestones of Salmon across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Salmon is founded.
- Funding First funding round of $20.0M.
- Funding Latest funding round, Series B,.
Competitors of Salmon
Salmon has 3 listed competitors in our database, 2 of them funded. They include Mynt, ProCredit and Esquire Financing.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mynt.xyz | 2015 | Cabanatuan, Philippines | $475M | Mynt is recognized as a provider of financial technology solutions. | ||
| procredit.ph | 2023 | Makati, Philippines | $4.1M | Financing solutions are provided for small and medium-sized enterprises. | ||
| esquire.com.ph | 2011 | Taguig, Philippines | SME loans are provided to businesses in the Philippines. |
Detailed competitors of Salmon
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Salmon
The website of Salmon (salmon.ph) receives about 204.5K visits a month.
- Monthly visits204.5K
▲ 12.4% vs previous month
Websites whose visitors overlap most with Salmon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
fintechnews.ph | fintechnews.ph | 100% | #1,055,298 | – | |
cashmart.ph | cashmart.ph | 95% | #1,034,777 | – | |
sunlife.com.ph | sunlife.com.ph | 92% | #70,364 | – | |
| finastra.com | 86% | 213.5K | #188,679 | View details | |
aeonphilippines.com.ph | aeonphilippines.com.ph | 86% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Salmon
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about 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. The company's 1st funding round was a Debt – Conventional of $20M, raised on Jul 2023.
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.
Salmon operates through Salmon Group Ltd.
Yes. Salmon publishes Salmon – Finance Made Easy, with over 1 million downloads.
The website of Salmon receives about 205 thousand visits a month.