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Salmon introduces “simple and quick” offering for repeat clients

Manila, May 30, 2023 - Consumer fintech company Salmon today announced introduction of “simple and quick” repeat financing option for its clients.

The application procedure for repeat clients takes half the time and requires no additional information from the clients that are identified simply by their current mobile number. Applying repeat customers have to be in good standing vis-à-vis their existing Salmon loans for a period of three or more months from the date of the first disbursement.

“At Salmon, we understand that our customers’ financial needs evolve over time, and our goal is to continue offering flexible solutions that enable our clients to achieve their objectives with ease and convenience. Repeat financing, alongside cash loans offering introduced in May, demonstrate the speed with which we continue addressing the needs of our clients.

We already see high demand for our financing solutions, and we continue building on this momentum as we create the best credit-led neobank in Southeast Asia,” said Salmon Co-Founder Raffy Montemayor.

About Salmon

Salmon is a brand under FHL Financing Company Inc. Based in the Philippines, it was founded in July 2022 by banking and fintech veterans Pavel Fedorov, George Chesakov, and Raffy Montemayor and today has more than 140 professionals in its Manila office. Salmon develops financial products with a focus on innovation, flexibility, and added value for clients. Starting with point-of-sale (POS) lending, the company intends to expand its range of financial services to cover all the daily needs of clients in the Philippines and beyond.

“Salmon” is a brand owned by FHL Financing Company, Inc., a licensed financing company regulated by the Securities and Exchange Commission with Certificate of Authority No. F-22-0038-29 and Company Registration No. 2022100071291-07. Read the terms & conditions and the relevant disclosures before availing of any loan product or service.

Salmon press contact [email protected]