•1 min read•from TechCrunch
Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos
Our take
Salmon has successfully raised $100 million in equity and debt to expand access to digital credit for the underbanked population in the Philippines. By targeting individuals with limited or no credit history, as well as those dissatisfied with the reliability of traditional lenders, Salmon aims to empower users with innovative financial solutions. This significant funding will enable the company to enhance its offerings, making credit more accessible and reliable for Filipinos seeking to improve their financial well-being and unlock new opportunities.

Salmon is targeting underbanked Filipinos, with little to no credit history, as well as people unhappy with the incumbent lenders' reliability issues.
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