Salmon secures $100M for digital credit in Philippines

Salmon has successfully raised $100 million in a mix of equity and debt financing. The company aims to provide digital credit solutions to underbanked populations in the Philippines. This funding will enable Salmon to target individuals with limited or no credit history, as well as those dissatisfied with the reliability of existing lenders. The fintech aims to bridge the gap in financial access, offering a more dependable alternative for Filipinos seeking credit services.