Trending Now - Salmon Secures $100M to Enhance Financial Access for Filipinos

WHO:

Techmeme - Salmon is a consumer finance app based in Manila, targeting underbanked Filipinos.

WHAT:

Techmeme - Salmon raised $100 million, consisting of $60 million in equity and $40 million in debt.

Techmeme - To date, Salmon has raised a total of $310 million, which includes $160 million in equity.

WHERE:

Techmeme - The company is based in Manila, Philippines.

WHEN:

Techmeme - The funding round was reported on April 23rd, 2026.

WHY:

TechCrunch - Salmon is targeting underbanked Filipinos, particularly those with little to no credit history and those dissatisfied with existing lenders' reliability.

HOW:

Techmeme - The funding will be used to enhance financial access for underbanked individuals in the Philippines.

(UPDATED April 23, 2026 17:27 UTC)

Salmon, a consumer finance app based in Manila, has successfully raised $100 million in a recent funding round, which includes $60 million in equity and $40 million in debt. This brings the company's total funding to $310 million, with $160 million coming from equity investments, as reported on Thursday. The funding will be utilized to improve financial access for underbanked Filipinos, particularly those with limited credit history and dissatisfaction with current lending options.