The Times Australia
Fisher and Paykel Appliances
News From Asia

.

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.

Times Magazine

Can bigger-is-better ‘scaling laws’ keep AI improving forever? History says we can’t be too sure

OpenAI chief executive Sam Altman – perhaps the most prominent face of the artificial intellig...

A backlash against AI imagery in ads may have begun as brands promote ‘human-made’

In a wave of new ads, brands like Heineken, Polaroid and Cadbury have started hating on artifici...

Home batteries now four times the size as new installers enter the market

Australians are investing in larger home battery set ups than ever before with data showing the ...

Q&A with Freya Alexander – the young artist transforming co-working spaces into creative galleries

As the current Artist in Residence at Hub Australia, Freya Alexander is bringing colour and creativi...

This Christmas, Give the Navman Gift That Never Stops Giving – Safety

Protect your loved one’s drives with a Navman Dash Cam.  This Christmas don’t just give – prote...

Yoto now available in Kmart and The Memo, bringing screen-free storytelling to Australian families

Yoto, the kids’ audio platform inspiring creativity and imagination around the world, has launched i...

The Times Features

The rise of chatbot therapists: Why AI cannot replace human care

Some are dubbing AI as the fourth industrial revolution, with the sweeping changes it is propellin...

Australians Can Now Experience The World of Wicked Across Universal Studios Singapore and Resorts World Sentosa

This holiday season, Resorts World Sentosa (RWS), in partnership with Universal Pictures, Sentosa ...

Mineral vs chemical sunscreens? Science shows the difference is smaller than you think

“Mineral-only” sunscreens are making huge inroads[1] into the sunscreen market, driven by fears of “...

Here’s what new debt-to-income home loan caps mean for banks and borrowers

For the first time ever, the Australian banking regulator has announced it will impose new debt-...

Why the Mortgage Industry Needs More Women (And What We're Actually Doing About It)

I've been in fintech and the mortgage industry for about a year and a half now. My background is i...

Inflation jumps in October, adding to pressure on government to make budget savings

Annual inflation rose[1] to a 16-month high of 3.8% in October, adding to pressure on the govern...

Transforming Addiction Treatment Marketing Across Australasia & Southeast Asia

In a competitive and highly regulated space like addiction treatment, standing out online is no sm...

Aiper Scuba X1 Robotic Pool Cleaner Review: Powerful Cleaning, Smart Design

If you’re anything like me, the dream is a pool that always looks swimmable without you having to ha...

YepAI Emerges as AI Dark Horse, Launches V3 SuperAgent to Revolutionize E-commerce

November 24, 2025 – YepAI today announced the launch of its V3 SuperAgent, an enhanced AI platf...