VENDOR · APAC
Salmon Group raises $90M equity and $50M bonds for Philippines expansion
Philippines-based banking and lending platform Salmon Group closed $90M in equity financing plus $50M in bond proceeds to accelerate lending and deposit growth in Southeast Asia's underbanked markets.
WHY IT MATTERS
Signals robust appetite for regional BFSI platforms in high-growth markets with limited credit penetration. Blended equity + bonds structure reduces reliance on pure VC and suggests path to sustainable debt financing.
Source: Finextra · 2026-10-20