From cash loans to motorbikes: Salmon bets US$140M on secured lending in the Philippines

T2Covered by 1 source · first reported by SEA: e27 / Vulcan Post at 20 Oct, 01:45 UTC

Salmon Group has raised a fresh US$140 million, its second financing in six months and the largest in its four-year life, as the Manila-based lender bets that motorcycles and small businesses can carry its next leg of growth. The announcement on Monday is notable for what it leaves out. Salmon…