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Salmon Raises $88 Million To Grow Its Business In The Philippines, Sets Up A $150 Million Nordic Bond Framework Agreement For Scaling Up

  • Salmon Group Ltd, a fintech firm in Manila, has raised $88 million to enhance financial solutions in Southeast Asia.
  • The funding includes $60 million from a Nordic bond deal and $28 million from US institutional investors and existing shareholders.
  • Salmon aims to transform banking by improving services in the Philippines, stating that traditional banks have delivered poor customer experiences.
  • The bond issuance is the first for a technology firm in Southeast Asia, making Salmon a key player in the Philippine fintech sector.
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Macau Business broke the news in on Monday, June 16, 2025.
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