Salmon secured $30m in a Series A-2 funding round led by the International Finance Corporation and Lunate to expand its financial services in Southeast Asia.
Amount Raised
$30 Million
Round Type
Series A
TaguigFinancial ServicesFinanceFintechLendingInvestors
Description
Salmon, a FinTech firm, successfully completed a $30m Series A-2 equity financing round, significantly oversubscribed. The funds will be used to scale lending operations and enhance marketing efforts across retail locations in the Philippines.
Quick answer
Salmon Group raised $30 Million in a Series A round, dated October 4, 2024. Investors: International Finance Corporation and Lunate. Salmon Group is based in Taguig, Manila, Philippines.
- How much did Salmon Group raise?
- Salmon Group raised $30 Million in a Series A round on October 4, 2024.
- Who invested in Salmon Group?
- International Finance Corporation and Lunate are named as investors in this round.
- What does Salmon Group do?
- Salmon Group Ltd. is a Philippine consumer fintech company that leverages AI and its proprietary credit engine to offer innovative credit products and a lifestyle banking platform.
- Where is Salmon Group based and how big is it?
- Salmon Group is based in Taguig, Manila, Philippines. Fundz records about 880 employees.
- Who are the decision-makers at Salmon Group?
- Fundz holds 3 contacts at Salmon Group, including the Talent Acquisition Partner. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Salmon Group that raised within 45 days of this round, from Fundz verified event records.
- Beeline Holdings raised $1.6M (Series A) on November 14, 2024.
- Tranched raised $3.4M (Pre-Seed) on November 12, 2024.
- Lean Technologies raised $68M (Series B) on November 11, 2024.
- Tomorrow raised $5.3M (Funding Round) on November 8, 2024.
- Ellipsis Labs raised $21M (Funding Round) on October 31, 2024.
- Finfra raised $2.5M (Seed) on October 29, 2024.
Who to call at Salmon Group, and when
A new round usually means Salmon Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Salmon Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Salmon Group, from your own LinkedIn network
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Funding Insights
What this usually meansSalmon Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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