We are Salmon


Money is too important a part of people’s lives to be left in the hands of habit and tradition: to high-street banks, to petty street lenders, to pawn brokers, and the like. Every customer of financial services often feels that they deserve better, be it advantaged or disadvantaged, novice or expert, farmer, teacher, jeepney driver or office worker. 

That’s why we set out to establish Salmon. 

We — a team of finance professionals and entrepreneurs backed by world-class investors — come with the vision and capabilities to provide better and more inclusive service through a combination of technology, product design, security, data analytics and relentless focus on customer care. 

Managing one’s finances doesn’t need to be complex, frightening, boring or off-putting, it doesn’t have to be a chore. We aim to liberate our customers from the mundane and to quell their fears — providing our customers with more financial freedom while also saving their time and energy to focus on what truly matters to them in their daily lives. 

We are united by our experiences of building leading financial services and tech companies in various parts of the world — and by desire to apply our experience and modern technology for the benefit of millions of Filipinos. 

Not only have we built great financial and tech businesses, transforming industries in the process, but we also led large companies and banks through many economic cycles, keeping customers’ and investors’ money safe. 

We are building Salmon — a financial technology business that works impeccably 24x365, creating thousands of jobs and provides easy access to finance for millions of Filipinos. 

We swim upstream, challenge the conventional in our desire to create lasting impact — and invite you to join us in this journey, as a partner, vendor, employee, or a customer. The new world is ours to discover together.

Our values

Empowerment & Inclusivity

We liberate customers to achieve their life and financial goals through access to modern and intuitive financial services. 

Through a range of well-designed products, we help customers from every walk of life. 

Care

Customer care: finance is complex, and we spare no effort to aid our clients. 

Attention: we are attentive to the needs of our patrons, and to every detail in our designs. 

Passion: we care about what we do because we love it and believe in our mission. 

Courage

We have the courage and expertise to fight complacency and challenge the status quo through innovation. 

We chart our own path — and help customers do the same. 

Joy

We evoke positive emotions through ease of use and relief from the friction and the mundane. 

We bring our customers joy of new possibilities and achievement. 

Polish

We strive for simplicity and elegance in our designs and solutions. 

We develop seamless processes and sleek interfaces — intuitive, efficient, precise. 

Dependability

We keep customers’ money safe & data secure. 

We promise and deliver on the consistency of great experience, 24x365. 

Salmon Group Ltd – Board of Directors

Pavel Fedorov - Co-Founder and DirectorPavel Fedorov

Co-Founder and Director

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George Chesakov - Co-Founder and DirectorGeorge Chesakov

Co-Founder and Director

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Raffy Montemayor - Co-Founder and DirectorRaffy Montemayor

Co-Founder and Director

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Fran Loranca - DirectorFran Loranca

Director

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Jeremy Young - DirectorJeremy Young

Director

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Salmon Group Ltd – Senior Management

Derrick Low - Chief Financial OfficerDerrick Low

Chief Financial Officer

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Atty. Eunice Monsod - Chief Compliance OfficerAtty. Eunice Monsod

Chief Compliance Officer

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Vladimir Uspensky - Chief Technology OfficerVladimir Uspensky

Chief Technology Officer

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Vasiliy Kuznetsov - SVP, Partners and DistributionVasiliy Kuznetsov

SVP, Partners and Distribution

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Arkadii Shirinkin - Chief Risk OfficerArkadii Shirinkin

Chief Risk Officer

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Boris Voskresenskii - Head of AI and DataBoris Voskresenskii

Head of AI and Data

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Rural Bank of Sta. Rosa (Laguna), Inc. – Board of Directors

Raffy Montemayor - ChairpersonRaffy Montemayor

Chairperson

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George Chesakov - Executive Director, President and CEOGeorge Chesakov

Executive Director, President and CEO

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Justice Andres Reyes Jr. - Independent DirectorJustice Andres Reyes Jr.

Independent Director

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Perry Morales - Independent DirectorPerry Morales

Independent Director

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Atty. Perry Pe - Independent DirectorAtty. Perry Pe

Independent Director

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Pavel Fedorov - Non-Executive DirectorPavel Fedorov

Non-Executive Director

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Atty. Eunice Monsod - Non-Executive DirectorAtty. Eunice Monsod

Non-Executive Director

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Rural Bank of Sta. Rosa (Laguna), Inc. – Management Team

George Chesakov - President and CEOGeorge Chesakov

President and CEO

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Yevhen Plotitsa - Chief Operating OfficerYevhen Plotitsa

Chief Operating Officer

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Kyel David - Chief Technology OfficerKyel David

Chief Technology Officer

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Jomed Medina - Chief Compliance OfficerJomed Medina

Chief Compliance Officer

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Yoi Lopez - Internal Audit HeadYoi Lopez

Internal Audit Head

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Hamza Eshmael - Risk HeadHamza Eshmael

Risk Head

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Mon Galang - Chief Information Security OfficerMon Galang

Chief Information Security Officer

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Denis Padiarov - Deposits Business Unit HeadDenis Padiarov

Deposits Business Unit Head

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Joan Leon - Chief of StaffJoan Leon

Chief of Staff

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Press room

Salmon Introduces Auto-Debit for Seamless and Convenient Payments

Salmon Introduces Auto-Debit for Seamless and Convenient Payments

The auto-debit feature allows customers to directly link their Gcash, Maya, Unionbank or BPI accounts to the Salmon app.

01.07.2024

Rural Bank of Sta. Rosa’s Deposits Up by 439% Since Salmon Acquisition

Rural Bank of Sta. Rosa’s Deposits Up by 439% Since Salmon Acquisition

The Rural Bank of Sta. Rosa (Laguna), Inc. (“Bank”) has reported a significant surge in its financial metrics following its acquisition by Salmon, an innovative AI-enabled fintech, last January

19.06.2024

Rural Bank of Sta Rosa (Laguna) to Receive Landmark Capital Investment from International Finance Corporation

Rural Bank of Sta Rosa (Laguna) to Receive Landmark Capital Investment from International Finance Corporation

To help expand financial inclusion in the Philippines, the International Finance Corporation (IFC), a member of the World Bank Group, is investing PHP404 million (US$7 million) in Salmon Group Ltd (“Salmon”)...

28.04.2024

Salmon Expands Payment Channels with ECPay Partnership

Salmon Expands Payment Channels with ECPay Partnership

"We are thrilled to embark on this partnership with ECPay as part of our commitment to providing seamless financial solutions to our valued customers...

25.04.2024

Sunprime Finance Inc. Announces Loan Account Transfer to the Rural Bank of Sta. Rosa (Laguna), Inc.

Sunprime Finance Inc. Announces Loan Account Transfer to the Rural Bank of Sta. Rosa (Laguna), Inc.

Salmon Group Ltd, a leading financial technology group dedicated to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia...

18.04.2024

The Salmon Group Partners with AllBank to Launch the QR Ph Payment Method

The Salmon Group Partners with AllBank to Launch the QR Ph Payment Method

Salmon Group, a leading financial technology group dedicated to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia

03.04.2024

Salmon Unveils Market-Leading 8.88% Deposit Rate

Salmon Unveils Market-Leading 8.88% Deposit Rate

Salmon, a financial services company that owns and operates in the Philippines a licensed bank (Rural Bank of Sta. Rosa/Laguna) as well as several lending companies, today announces the launch of its “early bird” savings offering.

28.02.2024

NPC Certificate of Registration and Seal of Registration

NPC Certificate of Registration and Seal of Registration

Salmon is proud to announce that FHL Financing Company, Inc., Sunprime Finance Inc., and Rural Bank of Sta. Rosa (Laguna), Inc. have obtained their respective National Privacy Commission (NPC) Seals of Registration

13.02.2024

Salmon Becomes a Licensed Bank in the Philippines

Salmon Becomes a Licensed Bank in the Philippines

Salmon will own 59.7% of the bank upon the completion of this transaction, which will conclude in the coming weeks

09.01.2024

Salmon Welcomes Franchette Chingcuanco-Cardona as Chief Marketing Officer for the Philippines

Salmon Welcomes Franchette Chingcuanco-Cardona as Chief Marketing Officer for the Philippines

Salmon, a leader in financial technology solutions, announces the appointment of Franchette Chingcuanco-Cardona as its Chief Marketing Officer for the Philippines

04.12.2023

Salmon Launches Salmon Credit, A Milestone Product Offering An Enhanced Customer Experience

Salmon Launches Salmon Credit, A Milestone Product Offering An Enhanced Customer Experience

Consumer fintech Salmon today announces the launch of Salmon Credit – its first credit line product with built-in QR Ph payment options

20.09.2023

Salmon Simplifies Loan Repayment for Its Clients

Salmon Simplifies Loan Repayment for Its Clients

Consumer fintech Salmon today announces it made another step in simplifying loan repayment for its clients

29.08.2023

Salmon Raises USD 20MM of Financing, Setting a Record for Series A Tech Companies in the Philippines

Salmon Raises USD 20MM of Financing, Setting a Record for Series A Tech Companies in the Philippines

Consumer fintech Salmon today announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines

20.07.2023

Salmon further expands its merchant network through partnership with Vans Philippines

Salmon further expands its merchant network through partnership with Vans Philippines

Consumer fintech Salmon has entered into a new partnership with Vans Philippines, enabling customers to purchase Vans Footwear, Apparel and Accessories using Salmon’s convenient point-of-sale financing

03.07.2023

Salmon launches Huawei App, unlocking access to 9 million potential new users

Salmon launches Huawei App, unlocking access to 9 million potential new users

Consumer fintech company Salmon launches its mobile app on the Huawei App Gallery, following its initial release on the Apple App Store and Google Play Store in April

22.06.2023

Salmon expands its merchant network through partnership with FC Home Center

Salmon expands its merchant network through partnership with FC Home Center

Consumer fintech Salmon today announces its partnership with FC Home Center, one of the top 10 retailers in the Philippines

14.06.2023

Salmon introduces “simple and quick” offering for repeat clients

Salmon introduces “simple and quick” offering for repeat clients

Consumer fintech company Salmon today announced introduction of “simple and quick” repeat financing option for its clients

02.06.2023

Salmon introduces “simple and quick” offering for repeat clients

Salmon introduces “simple and quick” offering for repeat clients

Consumer fintech company Salmon today announced introduction of “simple and quick” repeat financing option for its clients

30.05.2023

Salmon Builds Its Debit Products Team

Salmon Builds Its Debit Products Team

Consumer lender Salmon is thrilled to announce the appointment of Denis Padiarov as the Head of Debit Products

03.05.2023

Salmon Appoints New Security Operations Manager

Salmon Appoints New Security Operations Manager

Consumer fintech startup Salmon has announced the appointment of Edwin Piedad as its new Security Operations Manager

06.04.2023

Salmon Launches Service App in App Store and Google Play

Salmon Launches Service App in App Store and Google Play

Consumer fintech Salmon today is announcing the release of its service app in the Philippines

03.04.2023

Salmon Appoints Boris Voskresenskii as the Head of AI Banking

Salmon Appoints Boris Voskresenskii as the Head of AI Banking

Consumer fintech Salmon (“Salmon” or the “Company”) operating in the Philippines since 2022 is pleased to announce the appointment of Boris Voskresenskii to the position of the Head of Artificial Intelligence Banking Team

24.03.2023

Salmon partners with SM Store, the largest retailer in the Philippines

Salmon partners with SM Store, the largest retailer in the Philippines

Salmon, a consumer lending-first fintech start-up, today announces its partnership with the largest retailer in the Philippines, SM Store

20.02.2023

Salmon successfully launches consumer lending in the Philippines

Salmon successfully launches consumer lending in the Philippines

Salmon, a consumer fintech start-up, has successfully launched its point-of-sale (POS) loan product in the Philippines

11.01.2023

ZeHelmet joins Salmon as first retail partner

ZeHelmet joins Salmon as first retail partner

Motorsport store to offer Salmon POS loans in Bulacan and beyond

24.11.2022

Founders of Southeast Asian Fintech Announce Completion of USD16MM Series A Funding Round

Founders of Southeast Asian Fintech Announce Completion of USD16MM Series A Funding Round

A group of former Tinkoff executives led by Pavel Fedorov, George Chesakov and Raffy Montemayor announce the completion of the USD16MM Series A funding round for the fintech start-up focused on Southeast Asia.

24.10.2022

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