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Philippine fintech firm Salmon Group secures $140m financing

Philippines-focused fintech Salmon Group, a Manila-based banking and lending platform, said on October 19, 2026, that it secured US$140 million in financing.

The company plans to use the funds to expand lending and launch products, including motorcycle and micro, small, and medium enterprise (MSME) loans in the country.

The package includes US$90 million in commitments from Spice Expeditions, WashU, and Moore, and US$50 million in bond proceeds.

Salmon said the financing will support its credit line and in-store lending businesses, as well as the nationwide launch of the new products.

The group operates BSP-licensed Salmon Bank (Rural Bank) Inc and Securities and Exchange Commission-licensed Salmon Finance Inc.

Salmon previously raised US$88 million and set up a US$150 million Nordic bond framework agreement in June 2025. It also raised US$100 million in April 2026.

🔗 Source: Salmon Group Ltd

Recent Salmon Group developments

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