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

HKSTP Connects Hong Kong Innovation with Malaysia’s Growth Opportunities Leading Park Companies to Forge New Partnership Across ASEAN

Leading Park Companies to Forge New Partnership Across ASEANKUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 August 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) recently ...

361°’s profit attributable to equity holders up 8.0% to RMB930 million in 1H 2026 Interim dividend of HK22.2 cents per share declared at a 45% payout ratio

Deepening professional resources and product‑technology expertise Optimising channels and accelerating brand globalisationHONG KONG SAR – Media OutReach Newswire – 19 August 2026 – 361 Degrees In...

Orbis Future Vision Leaders 2025/26 Mobilizes 330+ Hong Kong Tertiary Students to Serve Over 2,200 Community Beneficiaries

HONG KONG SAR - Media OutReach Newswire - 19 August 2026 - The Grand Final and Award Ceremony of Orbis Future Vision Leaders 2025/26 concluded successfully at the LKS Faculty of Medicine, The Uni...

AsianPLAS 2026 Connects Global Buyers with Plastics & Rubber Suppliers Through an Extended Online Exhibition

TAIPEI, TAIWAN - Media OutReach Newswire – 19 August 2026 - Asian Plastics & Rubber Industry Online Exhibition 2026 (AsianPLAS 2026) officially opens on August 19, launching an extended online...

Columbia Asia Hospital Tebrau Wins ESG Champion Award For Sustainable Healthcare At Sustainability & CSR Malaysia Awards 2026

JOHOR BAHRU, MALAYSIA – Media OutReach Newswire – 19 August 2026 – Columbia Asia Hospital Tebrau has been awarded Company of the Year – ESG Champion for Health, Wellness and Sustainability at the ...

tridorian launches Gemini Enterprise Experience Center in Singapore to help enterprises turn AI ambition into business outcomes

New executive experience center helps business and technology leaders explore secure, connected AI workflows built around real business priorities. SINGAPORE - Media OutReach Newswire - 19 August ...

Chuangxin Industries builds on integrated aluminium strategy as earnings accelerate

HONG KONG SAR – Media OutReach Newswire – 19 August 2026 – China's aluminium industry entered 2026 against a landscape of unusual volatility. Rising geopolitical tensions, higher energy costs and ...

iHerb Kicks Off 30th Anniversary Celebrations in Singapore

SINGAPORE– Media OutReach Newswire – 19 August 2026 – Ahead of its 30th anniversary, iHerb is highlighting probiotics, collagen, B vitamins and everyday care products, alongside an early-bird flas...

#legend Announces Next Phase of Digital Growth Strategy Under Chairman Bruce Rockowitz

HONG KONG SAR - Media OutReach Newswire - 19 August 2026 - #legend today announced the next phase of its digital growth strategy under Chairman Bruce Rockowitz, with a clear focus on expanding aud...

Asia Responsible Enterprise Awards and Asia Pacific Enterprise Awards 2026 China Chapter Celebrate Resilient Enterprises Forging Legacies of Excellence and Impact

SHANGHAI, CHINA - Media OutReach Newswire – 19 August 2026 – The Asia Responsible Enterprise Awards (AREA) and Asia Pacific Enterprise Awards (APEA) 2026 China celebrated a new generation of resil...

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...

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...