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

Siam Piwat appoints The Bureau of Wonders as international public relations consultant for Siam Paragon Bangkok Watch Week 2026

BANGKOK, THAILAND - Media OutReach Newswire - 29 June 2026 – Siam Piwat Group, a leading real estate and retail developer, and operator of world-class destinations including Siam Paragon, Siam Ce...

illum.e Opens Sixth Campus in Tampines as MOE Reforms Drive Demand for Thinking-Based Learning

SINGAPORE - Media OutReach Newswire - 29 June 2026 - illum.e, a three-time SME 500 award winner and MOE-registered tuition provider, has announced the launch of its sixth campus at Tampines Point...

De Beers Shares Latest Research On Us Consumer Trends

The Diamond Report includes insights on who is buying diamonds and why, based on a study of 18,500 women across the industry’s largest consumer market LONDON, UK - Media OutReach Newswire - 29 Jun...

SIM Highlights the Importance of University Networks in Higher Education Decisions

SINGAPORE - Media OutReach Newswire - 29 June 2026 - As students and families evaluate higher education options, academic quality and programme offerings remain central considerations. However, ...

The Work Project to Open Third London Location at UK's Largest Net Zero Office Development

LONDON, UNITED KINGDOM - Media OutReach Newswire - 29 June 2026 - The Work Project (TWP) has signed a lease with global real estate investment manager BGO to open its third London location at 105 ...

Construction Management Awards 2026 - Now open for nomination Introduction of the Inaugural "Excellent Construction Safety Culture Award" Guides the Construction Industry Toward a New Milestone in Safety

HONG KONG SAR - Media OutReach Newswire - 29 June 2026 - Organised by the Hong Kong Institute of Construction Managers (HKICM / the Institute), the biennial flagship event of the construction indu...

Where Minds Meet to Launch Space Economy Association Off the Ground

Spacebiz in Hong Kong - a golden opportunity for Professional Services and STEMHONG KONG SAR - Media OutReach Newswire - 29 June 2026 - Space Economy Association (Hong Kong) Ltd, or "SEA", officia...

Media Startup ‘World & New World Journal’ Redefines Global Current Affairs with 7-Language Service

Built a premier knowledge platform for defense, diplomacy, and economics powered by 570+ global scholars and experts. Secured high-quality multilingual content through rigorous lo...

Taiwan entrepreneur Time Light Care brings smart elderly care to mainland as silver economy gains ground

TIANJIN, CHINA - Media OutReach Newswire - 29 June 2026 - A smart elderly care enterprise branded Time Light Care, based in north China's Tianjin, has developed a proprietary smart elderly care ma...

Bracell Welcomes Fernando Branco’s Appointment to Lead ABAF and Reinforces Commitment to Sustainable Forestry Development in Bahia

SINGAPORE - Media OutReach Newswire - 29 June 2026 - Bracell congratulates Fernando Branco, the company's Treasury Manager, on his appointment as President of the Board of Directors of the Bahia A...

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...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...