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 18 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Mynt, AsiaKredit and MoneyCat.
Key Metrics
Founded Year
2022
Location
Taguig, Philippines
Stage
Series B
Total Funding
$143M in 7 rounds
Latest Funding Round
Ranked
1st among 18 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2024
Employee Count
1,210 as on Jul 31, 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 | Documents |
|---|---|---|---|---|
Sunprime Finance Inc CIN: CS201916698 , Philippines, Active | Jan 01, 2022 | $10M - $50M (As on Dec 31, 2024) | - | - |
Sign up to download Salmon's company profile
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 | 4874815 | Conventional Debt | 8083264 | 5105506 | 6904395 | 6438517 |
Apr 20, 2026 | 1259466 | Series B | 1541437 | 2653504 | 2663083 | |
Jun 17, 2025 | 3359601 | Conventional Debt | 4676312 | 3605317 | 4820608 | 2987844 |
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 1,210 employees as of Jul 26. Here is Salmon's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Salmon's Competitors and alternates
Top competitors of Salmon include Mynt, AsiaKredit and MoneyCat. Here is the list of Top 10 competitors of Salmon, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Salmon 2022, Taguig (Philippines), Series B | Developer of a platform offering business and consumer loans | $143M | 76/100 | |
2nd | Mynt 2015, Philippines, Series B | Provider of financial services, e-wallets, technology, and business solutions | $475M | 55/100 | |
3rd | AsiaKredit 2016, Pasig (Philippines), Acquired | Mobile app-based consumer lending platform | $675K | 49/100 | |
4th | MoneyCat 2010, Pasig (Philippines), Unfunded | Provider of an online platform for fast cash loans with minimal documents required | - | - | 32/100 |
5th | Ferratum Group 2005, Helsinki (Finland), Deadpooled | Online/mobile based short term loans provider | - | 31/100 | |
6th | ProCredit 2023, Makati (Philippines), Seed | Provider of financing solutions for small and medium-sized enterprises | $4.1M | 30/100 | |
7th | Cash-express 2019, Taguig (Philippines), Unfunded | Online lending platform offering micro loans | - | - | 27/100 |
8th | Esquire Financing 2011, Taguig (Philippines), Funding Raised | Provider of business loans and financing solutions for small enterprises | - | 25/100 | |
9th | SeekCap Pasig (Philippines), Unfunded | Online business loans marketplace | - | - | 24/100 |
10th | PCash Las Pinas (Philippines), Unfunded | Developer of an app-based loan lending platform | - | - | 24/100 |
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 5 events in the last 1 year, 1 of them has been about company updates.
•
•
•
Filipino fintech start-up Salmon lands $20m debt fundingFinTech Futures•Mar 18, 2026•Argentemcreek, Salmon
•
•
•
Salmon Raises $88 Million to Grow in the Philippines & Sets Up $150 Million Bond FrameworkBusiness Wire•Jun 17, 2025•Salmon
•
Salmon Named Leading Fintech Group Philippines at the World Business Outlook Awards 2024Vietnam Investment Review•Nov 18, 2024•Salmon
•
•
•
Salmon wins Fintech Start-Up Award at the Asian Banking and Finance Fintech Awards 2024EIN Presswire•Jul 05, 2024•Salmon
Are you a Founder ?
FAQs about Salmon
Explore our recently published companies
- Rhoam - Boston based, Unfunded company
- Noble Group Chicago - Unfunded company
- Zenflow AI - Unfunded company
- GOATech - Brazil based, 2026 founded, Unfunded company
- Chicken Road - India based, Unfunded company
- Oechslin Consulting - Switzerland based, Unfunded company
