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

OTIC Hearing Unveils New Audiological Milestones In Hong Kong: Launching The Award-Winning Oticon Zeal And The Pediatric Oticon Play SI Platforms

HONG KONG SAR - Media OutReach Newswire - 30 July 2026 - OTIC Hearing, the leading hearing care clinical network and sole distributor of Oticon A/S in Hong Kong, has announced the launch of two br...

New Battery-Operated Bluetooth® Controller Enables Truly Mobile, Plug-and-Play Access

HONG KONG SAR - Media OutReach Newswire - 30 July 2026 - Power limitations, tight spaces, and complex security setups have traditionally made Bluetooth® access hardware difficult to implement—espe...

Moody’s Ratings upgrades SeABank’s key credit ratings, changes outlook to Positive

HANOI, VIETNAM - Media OutReach Newswire - 30 July 2026 - Moody's Ratings has released its latest credit rating report on Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB), upgrading...

VinFast showcases expanding EV lineup and attractive customer programs at GIIAS 2026

TANGERANG, INDONESIA - Media OutReach Newswire - 30 July 2026 - VinFast is showcasing its expanding electric vehicle portfolio at the Gaikindo Indonesia International Auto Show (GIIAS) 2026, featu...

THAI SELECT Festival 2026 Draws Strong Public Interest in New York, Reinforcing Thai Cuisine as a Global Soft Power

NEW YORK, USA – Media OutReach Newswire - 30 July 2026 – The Department of International Trade Promotion (DITP), Ministry of Commerce of Thailand, successfully concluded THAI SELECT Festival 2026 ...

Temus and Thinking Machines Data Science join forces to scale enterprise AI across Southeast Asia

The acquisition of Thinking Machines (TM) combines Temus' transformation delivery infrastructure with TM's decade-long execution capability in building data platforms and deploying enterprise AI sy...

TCMA and GIZ push low-carbon technologies to drive cement sector toward Net Zero 2050

BANGKOK, THAILAND - Media OutReach Newswire - 30 July 2026 - Thai Cement Manufacturers Association (TCMA) has expanded its partnership with Germany's development agency, the Deutsche Gesellschaft ...

Noise Off, Space On: oraimo Announces Visionary Partnership with Rap Icon Draganov Alongside Flagship oraimo SpaceBuds 2 Debut

A cultural and technological alliance redefining sound, self-expression, and premium audio innovation for Morocco’s new generation.CASABLANCA, MOROCCO - Media OutReach Newswire - 30 July 2026 — Wh...

Toward the Realization of a Sustainable and Resilient ASEAN-Japan Economic Community: "DISG Task Force Joint Declaration" Officially Adopted

The 18th DISG Task Force Meeting Held in Bangkok, Thailand BANGKOK, THAILAND - Media OutReach Newswire - 30 July 2026 - The Dialogue for Innovative and Sustainable Growth (DISG), a bilateral publi...

WRISE Group Unveils WRISE AI Labs and Appoints Dr. Jeffrey Wu as Group Chief Scientist to Accelerate AI-Native Wealth Management

WRISE’s initial HKD30 million investment accelerates WRISE AI Labs while the appointment of Dr. Jeffrey Wu as Group Chief Scientist and a strategic collaboration with Panorama reinforces the Group’...

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...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...