Business Daily Media

The Times


.

Salmon partners with SM Store, the largest retailer in the Philippines

MANILA, PHILIPPINES - Media OutReach - 23 February 2023 - Salmon, a consumer lending-first fintech start-up, today announces its partnership with the largest retailer in the Philippines, SM Store. From now on customers of SM Store will have the opportunity to buy their products using the Salmon point-of-sale service giving them access to installment financing as well as greater freedom and flexibility.




With its first-rate service and fast loan approval process, Salmon will allow customers to enjoy shopping without long approval processed and the hassle of needless paperwork. Partnership with SM Store adds on to the merchant network of Salmon throughout the Philippines and aims at satisfying the significant pent-up demand for consumer lending with Filipino customers.

Raffy Montemayor, Co-founder of Salmon said - "Partnering with SM Store, a true leader in the world of retail in the Philippines, will deliver considerable mutual benefits both to SM Store and Salmon. SM Store attracts a large number of Filipinos looking for a great shopping experience, and Salmon will now be there to make this experience better and even more affordable. Continuing to follow our business ethos, we are expanding alongside some of the most marquee names in retail so that finance rather than an obstacle to shopping will come to aid of ordinary shoppers with our quick installment loans. We are firmly convinced that using financial products, obtaining loans, paying bills and all other time-consuming financial routine will eventually be seamlessly integrated into our daily lives, at Salmon we will aim to make this vision a reality."
Hashtag: #Salmon #fintech #smstore #shopping




The issuer is solely responsible for the content of this announcement.

About Salmon

Salmon is a brand under FHL Financing Company Inc. Based in the Philippines, it was founded in October 2022 by banking and fintech veterans Pavel Fedorov, George Chesakov, and Raffy Montemayor and today has more than 120 professionals in its Manila office. Salmon develops financial products with a focus on innovation, flexibility and value add 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 the client 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.





SM Store

SM Store is the Philippines' largest department store chain with several branches nationwide. We offer a great selection of menswear, womenswear, children's wear, all kinds of beauty products, and things for the home. You can also find stationery, electronic gadgets, snacks, toys, hardware, and fun Philippine souvenirs here.

News from Asia

Go Where Flavors of Hunan Abound: Showcasing the Greater Zhangjiajie International Tourism Area Through Local Cuisine

CHANGSHA, CHINA – Media OutReach Newswire – 19 October 2026 – Co-produced by Hunan Satellite TV and Mango TV and created by Wang Qin Studio, Season 4 of the food and cultural tourism program Go W...

Together, We Transform 60+: Alpro Group Advance Early Thyroid Detection for Ageing Malaysians

Nationwide initiative brings thyroid awareness, health education, targeted TSH screening and referral closer to the community, empowering older Malaysians to better understand their thyroid health...

Frasers House, a Luxury Collection Hotel, Singapore Showcases Versatile Luxury Wedding Experiences in the Heart of Bugis Heritage

Designed as a 'house of ateliers,' the hotel offers tailored settings for weekday and weekend celebrations, wedding lunches and dinners, and intimate solemnisations alongside grand banquets.SINGAPO...

HKSTP and PCM Asia Shanghai Host "Power Electronics Innovation Across Asia" Seminar

Signing of strategic collaboration agreement deepens collaboration on PCIM Asia Shanghai, opening international opportunities for microelectronics companiesHONG KONG SAR – Media OutReach Newswire ...

THE WORLD ENDS: Bangkok International Design Expo 2026, Asks What Comes Next for Design

• Organized by Thailand Convention and Exhibition Bureau (Public Organization) or TCEB, the event invites Thai and International Creative Communities to CREATE WHAT MATTERS.BANGKOK, THAILAND – Me...

Aolani Signs Letters of Intent for Up to 500MW of AI Data Centre Capacity in Malaysia

SINGAPORE – Media OutReach Newswire – 19 October 2026 – Aolani, a Singapore-founded neocloud powering AI growth, today announced it has signed Letters of Intent to take up 500 megawatt (MW...

Thailand’s Corporate Leaders Face a New Business Test: Growth with Responsibility

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 October 2026 – Corporate leadership is measured by how businesses compete while managing environmental responsibilities, developing people an...

Beyond the Boardroom: Philippine Companies Are Being Challenged to Prove Their Impact

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 October 2026 – Corporate success goes beyond business results. Sustaining performance, developing people and creating community benefits pre...

Calibr8 Systems' David Lim Recognized as Leading Technopreneur in Asia at ACES Awards 2026

Recognizing Visionary Technology Leadership MANILA, PHILIPPINES – Media OutReach Newswire – 19 October 2026 – Calibr8 Systems Founder and Chief Vision Officer, David Honorio Lim III, has been r...

Malaysia’s Corporate Elite Face a Bigger Challenge: Proving Excellence Beyond the Bottom Line

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 October 2026 – Profitability alone is no longer enough to define corporate excellence. ...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...