Fintech startup Salmon has raised $100M in equity and debt funding to expand digital credit services for underbanked Filipinos. The company targets individuals with limited credit history and those dissatisfied with traditional lenders' reliability. This significant funding round will help address financial inclusion challenges in the Philippine market.
Background
Many developing markets have significant populations with limited access to traditional banking services, creating opportunities for fintech solutions. Digital credit platforms are emerging to serve these underbanked communities using alternative data for credit assessment.
- Source
- TechCrunch
- Published
- Apr 23, 2026 at 10:55 PM
- Score
- 6.0 / 10