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
Latest Funding Round
Ranked
10th among 1793 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2024
Employee Count
1,388 as on Sep 30, 2026
Legal entities associated with Salmon
Salmon is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Sunprime Finance Inc CIN: CS201916698 , Philippines, Active | Jan 01, 2022 | $10M - $50M (As on Dec 31, 2024) | - | - |
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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:
Filter 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 |
View details of Salmon's funding rounds and investors
Salmon's founders and board of directors
Founder? Claim ProfileThe founders of Salmon is Raffy Montemayor.
Here are the details of Salmon's key team members:
- Raffy Montemayor: Co-Founder of Salmon. Contact Info: 1 email address
View details of Salmon's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SoFi 2011, San Francisco (United States), Public | Online bank offering consumer loans and insurances | $3.04B | 87/100 | |
2nd | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
3rd | Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 81/100 | |
4th | Platform offering online personal loans with minimal documentation | $90.2M | 79/100 | ||
5th | Moneylion 2013, Sandy (United States), Acquired | Online platform for instant consumer loans and mobile banking | $268M | 79/100 | |
6th | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 79/100 | ||
7th | Figure 2018, San Francisco (United States), Public | Blockchain-based platform for consumer loans | $435M | 78/100 | |
8th | Avant 2012, Chicago (United States), Series E | Online platform for consumer loans | $905M | 78/100 | |
9th | Liberis 2007, London (United Kingdom), Acquired | Provider of embedded finance solutions for small businesses | $135M | 77/100 | |
10th | Salmon 2022, Taguig (Philippines), Series B | Developer of a platform offering business and consumer loans | $143M | 76/100 |
Looking for more details on Salmon's competitors? Click here to see the top ones
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
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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Salmon Bank Partners with Profinch Solutions to Automate BSP Regulatory ReportingPR Newswire•Nov 05, 2026•Salmon, Profinch
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Salmon Group bags $140M funding to expand its lending businessINQUIRER.net•Oct 20, 2026•Salmon, WashU
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Filipino fintech start-up Salmon lands $20m debt fundingFinTech Futures•Mar 18, 2026•Argentemcreek, Salmon
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Salmon Raises $88 Million to Grow in the Philippines & Sets Up $150 Million Bond FrameworkBusiness Wire•Jun 17, 2025•Salmon
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Salmon Named Leading Fintech Group Philippines at the World Business Outlook Awards 2024Vietnam Investment Review•Nov 18, 2024•Salmon
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Salmon Completes a Significantly Oversubscribed $30 Million Series A-2 Financing Round, Secures Funding from Existing InvestorsMacau Business•Oct 03, 2024•Salmon, IFC, Lunate
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