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Salmon - About the company

Salmon is a series B company based in Taguig (Philippines), founded in 2022 by Raffy Montemayor. It operates as a Developer of a platform offering business and consumer loans. Salmon has raised $143M in funding from investors like IFC, Spice and Lunate. The company has 1793 active competitors, including 149 funded and 85 that have exited. Its top competitors include companies like SoFi, InCred and Funding Societies.
Key Metrics
Founded Year
2022
Location
Taguig, Philippines
Stage
Series B
Total Funding
$143M in 7 rounds
Investors
Ranked
Annual Revenue
$10M - $50M as on Dec 31, 2024
Employee Count
1,388 as on Sep 30, 2026
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Salmon's funding and investors

Salmon has raised a total funding of $143M over 7 rounds. Its first funding round was on Jul 20, 2023. Salmon has 12 institutional investors.

Here is the list of recent funding rounds of Salmon:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 20, 2026
6626203
Conventional Debt
3946650
8778976
3462303
2377667
Apr 20, 2026
7192128
Series B
2370035
5633117
7820938
Jun 17, 2025
3657182
Series A
4337001
8642029
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Salmon's founders and board of directors

Founder? Claim Profile
The founders of Salmon is Raffy Montemayor.
Here are the details of Salmon's key team members:

Salmon's employee count trend

Salmon has 1,388 employees as of Sep 26. Here is Salmon's employee count trend over the years:
Employee count trend for Salmon
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Salmon's Competitors and alternates

Top competitors of Salmon include SoFi, InCred and Funding Societies. Here is the list of Top 10 competitors of Salmon, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SoFi
SoFi
2011, San Francisco (United States), Public
Online bank offering consumer loans and insurances
$3.04B
87/100
2nd
Logo for InCred
InCred
2016, Mumbai (India), Series D
Provider of financial services specializing in personal, education, and business loans
$320M
82/100
3rd
Logo for Funding Societies
Funding Societies
2015, Singapore (Singapore), Series D
Digital platform providing financing solutions for small businesses
$242M
81/100
4th
Logo for Finnable
Finnable
2016, Bengaluru (India), Series C
Platform offering online personal loans with minimal documentation
$90.2M
79/100
5th
Logo for Moneylion
Moneylion
2013, Sandy (United States), Acquired
Online platform for instant consumer loans and mobile banking
$268M
79/100
6th
Logo for Moneyview
Moneyview
2014, Bengaluru (India), Public
Provider of loans, credit cards, gold investment, insurance, and UPI
$215M
79/100
7th
Logo for Figure
Figure
2018, San Francisco (United States), Public
Blockchain-based platform for consumer loans
$435M
78/100
8th
Logo for Avant
Avant
2012, Chicago (United States), Series E
Online platform for consumer loans
$905M
78/100
9th
Logo for Liberis
Liberis
2007, London (United Kingdom), Acquired
Provider of embedded finance solutions for small businesses
$135M
77/100
10th
Logo for Salmon
Salmon
2022, Taguig (Philippines), Series B
Developer of a platform offering business and consumer loans
$143M
76/100
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Salmon's Investments and acquisitions

Salmon has made no investments or acquisitions yet.

Reports related to Salmon

Here is the latest report on Salmon's sector:

News related to Salmon

lockFilter this list
Media has covered Salmon for a total of 8 events in the last 1 year, 2 of them have been about company updates.
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FAQs about Salmon

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