Salmon Group

Salmon Group is a financial technology company based in the Philippines, providing responsible lending solutions and accessible banking services through a BSP-regulated rural bank and financing companies. Its operations span consumer lending, digital banking and mobile applications, with artificial intelligence applied across its product suite. The company's offerings include Salmon Bank, a BSP-regulated rural bank, alongside revolving credit lines, product loans, moto loans and time deposits.

The scale of the business is substantial. The Salmon app has been downloaded more than 7 million times and reports 2 million monthly active users. The company has raised over $350 million from top-tier investors. Its presence covers the Philippines and the wider Southeast Asia market, across financial services, banking, consumer lending and rural banking.

Salmon Group was founded by fintech and banking veterans Pavel Fedorov, George Chesakov and Raffy Montemayor, with a stated mission to challenge traditional banking. The company describes its approach as combining advanced AI capabilities with a human touch, emphasising transparent, fast and flexible financial services and empathetic customer service.

Customer protection is a stated priority. The company adheres to standards set by the BSP, the SEC, the International Finance Corporation and the SPTF/Cerise Customer Protection Pathways framework, and positions itself around responsible lending and an inclusive mission to help customers from every walk of life achieve their financial goals.