Research from e27, e27

Research from e27

e27 is Asia's largest Tech media platform. We cover the latest news on emerging and disruptive businesses across the region.

Private Capital Markets

<ul><li>Salmon, a consumer fintech company based in the Philippines, has secured a US$20 million <a href="https://www.investopedia.com/terms/d/debtfinancing.asp#:~:text=Debt%20financing%20is%20the%20opposite,financing%20must%20be%20paid%20back." target="_blank" data-ct="5f3d305d5c9552a313c217f487a0ee5d" rel="noopener">debt facility</a> from US emerging-markets specialist investment firm Argentem Creek Partners.</li><li>This will allow Salmon to scale its lending operations across the country further.</li><li>The fintech firm will expand its loan book, leveraging its existing point-of-sale and cash loan lending, and launch new products in the second half of 2023.</li></ul>

Salmon, a consumer fintech company based in the Philippines, has secured a US$20 million debt facility from US emerging-markets specialist investment firm Argentem Creek Partners.This will allow Salmon to scale its lending operations across the country further.The fintech firm will expand its loan book, leveraging its existing point-of-sale and cash loan lending, and launch new products in the second half of 2023.

Filipino Consumer Fintech Startup Salmon Nets US$20M Debt Financing

Philippines

Salmon enables customers to access financial products from partners registered with the Securities and Exchange Commission in the Philippines.

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