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Wednesday, February 04, 2026
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Salmon boosts their financial services with FinScore’s Lightning-Fast Alternative Credit Scoring

In 2022, FHL Financing Company Inc. launched Salmon, a consumer lending-first fintech start-up in the Philippines. Salmon aims to make shopping simple, intuitive, and rewarding for both merchants and consumers. Powered by FinScore’s telco data and advanced analytics, Salmon offers flexible financing terms and generous loan amounts to merchants and the ability to defer shopping bills over several monthly installments to buyers.

“As consumers regain their spending power, they look for friendlier means of paying,” says FinScore Country Manager, Christo Georgiev. “Financial institutions can cater to this consumer behavior with FinScore’s telco-based credit scoring. Our alternative scoring model, powered by AI and machine learning, allows BNPLs to make quick credit decisions with minimized risk.”

Today, Salmon is available in dozens of outlets. Partner merchants receive their net proceeds upfront. “We want to offer the best shopping experience for both consumers and merchants,” comments Raffy Montemayor, Co-Founder of Salmon. “This is just the first step towards our grand vision of making financial services simple, convenient, and accessible for every Filipino.”

According to Consumer Pulse Q4 2022 by TransUnion, 57% of consumers seek personal loans over credit cards. Enhancing loan products and simplifying loan processes can bring in good business for lending outfits. FinScore is raring to empower more financial institutions adequately meet the demands of the growing loans market through telco-based credit scoring that helps reduce defaults, uplifts approval rates, and improve overall customer experience.

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