Filipino fintech startup Salmon has raised US$20 million in debt financing from US investment firm Argentem Creek Partners. The investment will be used to further scale and expand its lending operations across the Philippines, as well as to develop and launch new financial products in late 2023. The company raised a US$16 million series A round in October last year.

Correction (Jul 20, 7:00 p.m. SGT): The article called this financing a series A round. It is actually debt financing.