Salmon

Stub active Updated Apr 23, 2026

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Location Manila, Philippines
Founded 2022
Latest Stage Venture
Total Raised $310M

Investors

FJ Labs venture (2026)

About

Salmon is a Manila-based consumer finance app founded in 2022 that offers digital banking and lending products — revolving credit lines, installment loans, cash loans, motorbike loans, and deposits — targeting underbanked Filipinos 1. Cumulative funding stands at $310M ($160M equity, $150M bonds) 1. Salmon was co-founded by Pavel Fedorov, George Chesakov, and Raffy Montemayor 1.

Funding History

Date Round Amount Lead Co-investors
2026-04-23 Venture (equity+debt) $100M ($60M equity + $40M debt) Spice Expeditions, Washington University Investment Management Company, Moore Strategic Ventures, FJ Labs 1

Prior investors include IFC, ADQ, Lunate, and Antler VC 1.

What Investors Say

No independently sourced investor quotes found.

What Founders Say

No independently sourced founder quotes found.

Sources


  1. TechCrunch, “Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos,” April 23, 2026. https://techcrunch.com/2026/04/23/salmon-raises-100m-in-equity-and-debt-to-bring-digital-credit-to-underbanked-filipinos/