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Salmon

Southeast Asian consumer fintech offering installment loans, revolving credit, savings products, and digital banking to underbanked Filipinos
Salmon is a Manila-based consumer fintech building an integrated lending and digital-banking platform for the Philippines, founded by former Tinkoff executives Pavel Fedorov and George Chesakov together with Raffy Montemayor. Its products span point-of-sale installment loans, a revolving credit line, and a BSP-regulated bank offering deposit and savings products. In April 2026 it announced a $100M equity-and-debt round to expand digital credit to underbanked Filipinos, on top of an $88M raise in mid-2025 and earlier IFC funding.
Fintech 📍 Manila, Philippines Founded 2022
Current Valuation
Private
as of 2026-Q2
PRIVATE

IPO Outlookprivate

Is Salmon going public?
No. Salmon is private and has not filed to go public. There is no S-1 on file.
What is Salmon's valuation in 2026?
No confirmed valuation is on record for Salmon. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Salmon filed an S-1?
No public S-1 is on file for Salmon.
Who are Salmon's investors?
Salmon's investors include DST Partners, International Finance Corporation (IFC), Argentem Creek Partners, ADQ, Lunate.
How much has Salmon raised?
Salmon has raised $220M in total, most recently a Equity + Debt of $100M in Apr 2026.
Is Salmon publicly traded — can you buy Salmon stock?
No. Salmon is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Salmon on its Pre-IPO Access Desk.
How to actually get exposure to Salmon →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Pavel Fedorov
Founded
2022
HQ
Manila, Philippines
Employees
~400
Total Raised
$220M
Growth
$100M raised in April 2026; building BSP-licensed bank serving underbanked Filipinos
Last Round
Equity + Debt — $100M (Apr 2026) · Lead: Undisclosed (equity + debt mix)
IPO Status
private

Fundraising Status

Equity + Debt · $100M · 6 mo ago
privateTotal raised $220M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Equity + Debt$100MApr 2026Undisclosed (equity + debt mix)—

Talent Signal

No public careers page or job board could be found for Salmon as of 2026-09-14. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.

Founders & Key People

Pavel FedorovGeorge ChesakovRaffy Montemayor

Investors

DST Partners · International Finance Corporation (IFC) · Argentem Creek Partners · ADQ · Lunate

Products

  • Salmon Loans (point-of-sale installment lending)
  • Salmon Credit (revolving credit line, limits up to PHP 250,000)
  • Salmon Bank (BSP-regulated digital bank)
  • Savings & Deposit Products

Competitors

Tonik Bank · GCash (Mynt) · Maya Bank · UnionDigital Bank · Atome · Home Credit Philippines
FintechSoutheast AsiaPhilippinesDigital BankingConsumer Credit
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.