Salmon Raises Usd 20Mm Of Financing, Setting A Record For Series A Tech Companies In The Philippines
Amount Raised
$20 Million
Round Type
Series A
TaguigFinancial ServicesFinanceFintechLendingInvestors
Description
Consumer fintech Salmon today announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines. Building on significant investor interest in the debt placement, Salmon will expand its loan book, leveraging its existing point-of-sale and cash loan lending, and will launch new disruptive products in the second half of 2023.
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.
- Momnt raised $35M on July 26, 2023.
- Mercury Financial raised $200M (Funding Round) on July 26, 2023.
- Jirav raised $20M (Funding Round) on July 11, 2023.
- TreasurySpring raised $29M on June 25, 2023.
- ENvue Medical, Inc. raised $14M on August 30, 2023.
- LemFi raised $33M (Funding Round) on August 24, 2023.
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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