<p>Philippines-based banking and lending platform Salmon Group has announced the acquisition of $140 million in new capital. The funding package consists of $90 million in financing alongside $50 million in bond proceeds.</p><p>This capital injection is intended to support the company as it looks to scale its operations within the Philippine market. Salmon Group provides digital financial services, focusing on banking and lending solutions for consumers in the region.</p>
Source: Finextra
Original article: https://www.finextra.com/newsarticle/48608/salmon-raises-funds-to-double-down-in-the-philippines?utm_medium=rssfinextra&utm_source=finextrafeed
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