Salmon Group Ltd. secures $25M in Series A-1 funding round led by IFC and Northstar Group for innovative fintech solutions
Amount Raised
$25 Million
Round Type
Series A
TaguigFinancial ServicesFinanceFintechLendingInvestors
Description
Salmon Group Ltd. has secured $25 million in a Series A-1 funding round, with an investment of $7 million from the International Finance Corporation (IFC). The funding aims to expand financial access for Filipinos and will fuel Salmon’s development of innovative credit products and a lifestyle banking platform, targeted for launch later in 2024. IFC will collaborate with Salmon to solidify its role as a responsible lender.
Quick answer
Salmon Group raised $25 Million in a Series A round, dated April 27, 2024. Investors: Adq/Lunate, Northstar Group and Ifc. Salmon Group is based in Taguig, Manila, Philippines.
- How much did Salmon Group raise?
- Salmon Group raised $25 Million in a Series A round on April 27, 2024.
- Who invested in Salmon Group?
- Adq/Lunate, Northstar Group and Ifc 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.
- Kanastra raised $21M (Series A) on June 5, 2024.
- Anzen Finance raised $4M (Seed) on May 28, 2024.
- CBi Group raised $15M (Series A) on May 23, 2024.
- NG.CASH raised $13M (Series A) on May 15, 2024.
- Incredible raised $1M (Pre-Seed) on May 14, 2024.
- Firenze raised $979K (Pre-Seed) on May 2, 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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