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

Vietfood & Beverage - Propack Vietnam 2026 in Ho Chi Minh City

Vietnam's leading international F&B exhibition - 30 years of partnering with businesses to create sustainable valueHANOI, VIETNAM - Media OutReach Newswire - 20 July 2026 - Vietfood & Bev...

St. Francis Methodist School International Commemorates 65th Anniversary with Carnival and Gala Dinner

SINGAPORE- Media OutReach Newswire - 20 July 2026 - St Francis Methodist School International (SFMS), an international school in Singapore, is commemorating its 65th school anniversary in 2025 wi...

Academia Launches Dedicated IB Department to Support High-Performance IB English Outcomes in Singapore

SINGAPORE - Media OutReach Newswire - 20 July 2026 – Academia Pte Ltd has announced the launch of its dedicated International Baccalaureate (IB) Department, marking a strategic expansion to suppor...

NIA Spotlights Thailand’s Wellness Boom as Global Consumers Spend Boundlessly on Longevity

Deep dive into the DNA of Thailand's wellness giants—BDMS Wellness Clinic and Chiva-Som—and their strategic blueprints to transform the kingdom into the ultimate global wellness destination...

International Conference of the Modernization of Chinese Medicine & Health Products (ICMCM) gathers global experts in Chinese Medicine

Concurrent Food Expo features “Multi-Facets of Chinese Medicine” exhibition HONG KONG SAR - Media OutReach Newswire - 20 July 2026 - The 25th International Conference of the Modernization of Chine...

Imperial Harvest Unveils US$1.888 Million Mahjong Set in Singapore, With All Proceeds Pledged to Childhood Brain Cancer Research

SINGAPORE - Media OutReach Newswire - 20 July 2026 - Imperial Harvest, an Imperial Feng Shui consultancy in Singapore, has unveiled a one-of-one bespoke mahjong set valued at US$1.888 million (ap...

iHerb Launches "718 Summer Limited-Time Offer" in Singapore

SINGAPORE - Media OutReach Newswire - 20 July 2026 - Global health and wellness platform iHerb has launched its "718 Summer Limited-Time Offer" alongside a curated selection of products designed t...

Malaysians Say Being Good Neighbours When Travelling Is "Common Sense Je", New Airbnb Survey Shows

Nine in ten Malaysians say they're good homestay guests and the data backs them upKey takeaways: 85% of Malaysians say being a respectful homestay guest is highly important - and 4 in 5 fe...

Matrix Robotics Showcases MATRIX-3 at WAIC 2026, Announces WAVE Physical World Foundation Model Upgrade and Launches Global Partner Program

SHANGHAI, CHINA - Media OutReach Newswire - 20 July 2026 - The 2026 World Artificial Intelligence Conference (WAIC 2026) opened in Shanghai on July 17 and runs through July 20 under the theme "Int...

Prudential launches indexed universal life plan to meet demand for flexible legacy planning solutions

PRUApex Legacy Index II gives affluent and high-net-worth individuals greater flexibility to build, protect and transfer wealth to the next generation with premium allocation across multiple indice...

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...