Salmon Named as One of the Next 100 Global Companies to Watch at the Global Banking & Finance Awards 2024

Manila, November 18, 2024 – Salmon, the innovative fintech leader advancing financial inclusion across Southeast Asia, has been recognized as one of the “Next 100 Global Companies to Watch” at the esteemed Global Banking & Finance Awards 2024. This prestigious accolade celebrates Salmon’s significant strides in revolutionizing the financial services landscape, highlighting its role in delivering crucial, forward-thinking solutions for over 500 million clients underserved by legacy banks. 

The Next 100 Global Companies to Watch honors a select group of businesses that are pioneering industry standards, innovation, and customer-focused strategies worldwide. Salmon’s achievement reflects its commitment to bridging financial gaps through advanced technology and making financial services more accessible and inclusive. The award underlines Salmon’s influence and growth potential as it continues its expansion journey across the region. 

Since its founding, Salmon has prioritized technology-driven solutions that enable faster, more equitable credit decisions, benefiting Filipinos by simplifying credit access. Its flagship product, the Salmon App, redefines customer experience with seamless loan application, management, and payment functionalities and maintains a consistent 4.7-star rating, demonstrating Salmon’s dedication to providing accessible and user-friendly financial tools. 

Pavel Fedorov, Co-founder of Salmon, commented, “Being named in the Next 100 Global Companies to Watch is a testament to the efforts of our bank to reshape financial services in Southeast Asia. This award acknowledges our progress and inspires us to broaden our reach to serve better the financial needs of more individuals and businesses across the region.” 

Raffy Montemayor, Chairman of Salmon’s bank subsidiary, added, “This recognition by the Global Banking & Finance Awards reinforces our commitment to bridging the gap between traditional banking and fintech, creating impactful solutions that empower our clients in their financial journeys. As we continue to grow, we are focused on deepening our reach and delivering meaningful, customer-centric products that address the financial needs of underserved communities.” 
 

With continued support from top-notch investors, including IFC and ADQ/Lunate, and a recent $30M funding round, Salmon is well-positioned to drive further impact, launching new credit and debit product in 2025 to address the unique opportunity of driving financial inclusion in Southeast Asia.  

About Salmon Group Ltd 

Founded in 2022 by fintech and banking veterans Pavel Fedorov, George Chesakov, and Raffy Montemayor, Salmon Group Ltd operates through its subsidiaries, including Sunprime Finance Inc. and the Rural Bank of Sta. Rosa (Laguna), Inc., provides customer-centric, AI-driven financial services. Backed by global investors, including the International Finance Corporation and Abu Dhabi’s ADQ, Salmon aims to empower clients underserved by traditional banks in Southeast Asia. 

For media inquiries, please contact:  
Salmon Communications Team
Email: [email protected] 
Website: www.salmon.ph